BMLL selects INQDATA to deliver data and analytics to kdb+ users
11 June 2024 UK
Image: Worawut/stock.adobe.com
BMLL has partnered with INQDATA with an objective to provide financial market participants access to BMLL’s historical market data within their kdb+ environment.
The joint offering aims to enhance performance and lower the cost of infrastructure ownership for market participants, by removing the need to commit additional data science infrastructure and resources.
The companies say the partnership will allow users, including data scientists and application developers, to access and explore history market data and analytics derived from order book Level 3 data.
Paul Humphrey, CEO of BMLL, says: “The level of sophistication across capital markets is constantly increasing, and with it, the demand for high-quality data to understand market behaviour and maintain a competitive edge. This partnership is about making our data available where our clients want it, and in the format that they want.”
Theodore Voegt, CEO of INQDATA, adds: “Our combined services provide market participants with the necessary tooling to access high-quality historical market data and analytics as well as data management and distribution to enhance decision-making and unlock new opportunities for customers.”
The joint offering aims to enhance performance and lower the cost of infrastructure ownership for market participants, by removing the need to commit additional data science infrastructure and resources.
The companies say the partnership will allow users, including data scientists and application developers, to access and explore history market data and analytics derived from order book Level 3 data.
Paul Humphrey, CEO of BMLL, says: “The level of sophistication across capital markets is constantly increasing, and with it, the demand for high-quality data to understand market behaviour and maintain a competitive edge. This partnership is about making our data available where our clients want it, and in the format that they want.”
Theodore Voegt, CEO of INQDATA, adds: “Our combined services provide market participants with the necessary tooling to access high-quality historical market data and analytics as well as data management and distribution to enhance decision-making and unlock new opportunities for customers.”
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