BMLL Technologies Announces Partnership with Kx
BMLL Technologies, the data and analytics company, announced today that it has collaborated with a streaming data analytics provider, Kx to make BMLL Data Feed available to the sell-side participants on the Kx Streaming Analytics platform.
According to the official press release, the new partnership will join Kx’s real-time data capture and ultra-low latency processing technology with BMLL’s Data Feed to deliver valuable insights for sell-side institutions.
The company mentioned in the announcement that several financial firms across the world are using BMLL’s data and analytics to understand market dynamics. BMLL has recently collaborated with Data in Harmony (DIH) to expand its presence in the US.
Commenting on the recent partnership with Kx, Paul Humphrey, CEO of BMLL Technologies, said: “Our data and horizontally scalable analytics capabilities complement Kx’s real-time, low-latency data feeds, helping clients navigate market complexity and make more informed trading decisions. We are delighted to collaborate with Kx to make our data and analytics products available to Tier 1 banks and sell-side institutions globally.”
Data Feeds
The company plans to partner with other major participants in the industry to provide them valuable insights to outperform the competition.
“BMLL’s Data Feeds are pre-computed from the most granular, Level 3 order book data and provide market participants with the actionable insight needed to outperform the competition. The Data Feeds cover venue analytics, trading costs, alternative pricing, pricing analytics and trading analytics,” the company mentioned in the official announcement.
“We are pleased to add BMLL as a data and analytics partner to the Kx Streaming Analytics platform. As more and more of our customers link and tag new forms of data, Kx leads the market in providing high-performance access, processing and real-time decision making of the combined datasets,” Gerry Buggy, Chief Strategy Officer at Kx commented on the partnership.
Finance Magnates earlier reported about a collaboration between BMLL and Crux Informatics to distribute BMLL Data Feed in the US.
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