Data and Analytics firm, BMLL Technologies announced on Friday its partnership with data delivery platform, Crux Informatics for the distribution of BMLL Data Feed in the United States market.
BMLL is one of the well-known financial market data providers, offering access to granular order book data and advanced analytical platforms. Its clients can access Level 3 order books with a long history for back-testing without the need of buying them.
The partnership with Crux will complement the company’s existing data distribution agreements in the US with other market participants.
“We are pleased to add BMLL to our ecosystem of more than 100 data providers. The granularity of data, covering the full depth of the order book, is a unique addition to the financial markets data available to our clients via our platform. We look forward to our collaboration,” Michael Rude, Crux’s head of go-to-market, said in a statement.
Data Services Are Becoming Crucial
BMLL’s clients include both buy-side and sell-side institutions, as well as major exchange groups and trading venues.
Last year, the data provider expanded its services with the launch of derived data services, offering access to message-by-message exchange data. It later strengthened the service bringing a desktop application on OpenFin’s OS.
“The need for timely data insights and analytics has never been greater as the industry navigates heightened market Volatility in light of the global pandemic and also upcoming major political events across Europe and the US,” BMLL CEO, Paul Humphrey added.
“Our partnership with Crux will support our ambition to increase access to our award-winning data and analytics products to a US client base, by adding to our already existing data delivery and distribution capabilities.”
