Broadridge and BMLL Team Up to Enhance Global Trading with Advanced Analytics Solutions
In a significant move to enhance trading strategies, Broadridge Financial Solutions, a leader in the Fintech space, has announced its collaboration with BMLL Technologies. This partnership aims to integrate advanced pre-trade analytics within Broadridge's global sell-side Order Management System (OMS) and Execution Management System (EMS), specifically tailored for buy-side firms in Japan. This innovative approach is expected to revolutionize how traders optimize their decision-making processes.
According to Brian Pomraning, the Chief Product Officer of Broadridge Trading and Connectivity Solutions, this collaboration is set to optimize trading efficiency by embedding insightful data and robust analytics directly into traders’ workflows. This strategic alignment will provide users with unprecedented pre-trade insights at the moment of execution, effectively helping them manage risks and optimize trading performance.
By implementing BMLL’s high-quality data and analytical tools, traders utilizing the Broadridge OMS and the Xilix EMS will receive crucial information that predicts factors such as execution time, market impact, and potential risk exposure. The integration highlights the importance of immediate access to actionable insights, allowing traders to act swiftly and effectively in dynamic market conditions.
The new analytics capabilities encompass a broad range of insights, including average daily trading volumes, real-time average volume at time (AVAT), and remaining volume at time (RVAT). Furthermore, traders are equipped with assessments of execution timing, market impact forecasts, and volatility ratings, which collectively inform their strategies before actual trades take place.
Additionally, automated order routing systems will enhance execution sophistication, refining metrics in response to fluctuating market conditions. As Dr. Elliot Banks, Chief Product Officer at BMLL, noted, the partnership aims to democratize access to crucial datasets and tools, marking a transition in capital markets where leverage over data transforms a firm’s competitive edge.
Broadridge’s integration of BMLL’s analytical capabilities resonates with the rising complexity in today’s trading environments, which feature diverse platforms and changing liquidity profiles. By honing their systems in real-time, Broadridge and BMLL empower traders to foresee volatility and mitigate market impact significantly before trades are executed.
BMLL, renowned for its expertise in Level 3 historical market data, ensures trading professionals derive deep analytical insights without the challenges of managing their data environments, thanks to its ISO27k-certified infrastructure. This collaboration fundamentally reinforces Broadridge's dedication to providing cutting-edge trading technologies and actionable intelligence, which are essential as market intricacies continue to evolve.
With over $10 trillion managed by Broadridge across various financial sectors, this partnership positions both companies at the forefront of financial technology innovation. Broadridge’s operations are supported by a vast workforce and their consistent commitment to operational excellence and transformative technology further validates their status as a leading entity in financial services.
As market conditions grow increasingly intricate, Broadridge Financial Solutions and BMLL Technologies are poised to redefine trading excellence, ensuring that their global client base remains competitive and well-equipped for the challenges and opportunities that lie ahead.