London, 25 February 2020: We are delighted to announce that BMLL Technologies has won the “Best Cloud-Based Market Data Delivery Solution” award at the A-Team Trading Tech Insight European Awards last night. The awards recognise operational and product excellence in financial trading technology which meet the challenges facing market practitioners and suppliers as they seek to develop trading and data solutions in the rapidly changing European marketplace.
BMLL Technologies won for its cloud-based platform to deliver derived data solutions at speed and scale. The Derived Data service delivers analytics on hard-to-access L3 data, in multiple delivery formats and directly to a firm’s production environment, removing the need for customers to maintain a complex and costly computing environment typically needed to run these types of calculations in-house. Our cloud-based AI can typically process hundreds of billion messages in a matter of hours rather than days, allowing our customers to focus on generating meaningful outputs that impact strategy and create alpha.
Paul Humphrey, CEO of BMLL Technologies, said: “We are delighted to be recognised by the industry for our cloud-based market data delivery service. I’d like to thank our incredibly talented team for building the technology and analytical functionality that makes our Derived Data platform such a resounding success.”
BMLL Technologies is a pioneer in turning big data into relevant information, and specialises in providing clients access to granular order book data and advanced analytical power at unparalleled speed and scale.
About BMLL Technologies BMLL Technologies is a financial data engineering and data analytics company serving the world’s most sophisticated market participants. BMLL specialises in providing clients access to granular order book data and advanced analytical power at unparalleled speed and scale. Born out of the machine learning labs in the Engineering Department at Cambridge University, the platform allows financial services firms to apply complex statistical techniques to niche big-data sets and perform machine learning on Level 3 order book data with applications such as market impact, pre & post trade analytics, order book simulation and compliance. The offering means clients no longer need to buy and curate the data from global exchanges, instead are offered cost effective access to the full order book with a long history for back-testing. For more information, please visit our website, www.bmlltech.com or visit our Twitter, @bmlltech