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We are delighted to announce that BMLL has won “Best Buy-side Analytics Tool” at the Waters Technology Buy-Side Technology Awards 2023. These awards recognise market-leading technologies developed specifically for use by buy-side firms, as well as innovation and addressing the buy-side's most pressing business, regulatory, operational and technology needs.
BMLL was awarded “Best Buy-side Analytics Tool'' for BMLL Vantage, a highly intuitive, no-code data and analytics visualisation tool that makes quant insight available to a broader user base while freeing quants’ time to focus on deeper research.
BMLL Vantage is used by market participants to understand where liquidity lies, carry out venue comparison, conduct auction analysis and optimise trading and execution.
BMLL Vantage users include:
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Sales traders - to understand market fragmentation, liquidity profiles and how different trading mechanisms impact available liquidity
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Exchange analysts - to understand how their venue compares to their peers, analyse market share moves, order resting times and fill probabilities
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ETF issuers - to understand how their products are competing across different markets
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Quant researchers who need to derive valuable insights rapidly. They are empowered with a flexible exploratory tool that allows them to spot trends before using the BMLL Data Feed or the BMLL Data Lab to run queries on the relevant underlying data
BMLL Vantage users can look at daily, monthly or annually aggregated data sets and correlations between them; compare how stocks performed on different markets; and sort and explore the data via simple and easy-to-use dashboards without requiring a quant analyst, data science or cloud computing resource.
Paul Humphrey, CEO of BMLL, said: “We are delighted to win the ‘Best Buy-side Analytics Tool’ category at the Waters Technology Buy-Side Technology Awards 2023. “BMLL Vantage is an out-of-the-box data science and visualisation tool which continues our mission of democratising access to the most granular Level 3 market data and analytics by removing the need to code in order to derive meaningful insights.”
BMLL Vantage provides all market practitioners with complete market transparency across the BMLL Equities, Futures and ETF universe from over 75+ execution venues and covering 485 metrics that are categorised in 14 groups: auction analysis; volatility; execution market impact; trade quality; trade prices; liquidation cost; OHLC bars; depth liquidity; spread; liquidity classification; venue price quality; order placement statistics; order fill behaviour; and liquidity around BBO.
