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Pre-Trade Analytics Collaboration Announced Between Broadridge and BMLL

Predicting market fluctuations, lessening market disturbance, and enhancing trade execution all occur in real-time for traders.

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Financial services company Broadridge teaming up with BMLL for advanced pre-trade analysis...
Financial services company Broadridge teaming up with BMLL for advanced pre-trade analysis capabilities.

Pre-Trade Analytics Collaboration Announced Between Broadridge and BMLL

Broadridge Financial Solutions and BMLL Technologies Partner to Enhance Pre-Trade Analytics

Broadridge Financial Solutions Inc. has partnered with BMLL Technologies to significantly improve pre-trade analytics capabilities for buy-side firms in Japan. This partnership integrates BMLL's Level 3 historical market data and analytics into Broadridge’s Xilix Execution Management System (EMS).

The integration provides traders with advanced, real-time analytics at the point of order entry, enabling them to make more informed trading decisions. Key enhancements include:

  • Predictive Insights: Traders receive predictions on execution time, market impact, participation rates, spread costs, and risk exposure. These predictions are powered by BMLL's historical data, helping traders optimize trading performance and manage risk more effectively.
  • Seamless Integration: The analytics are seamlessly integrated into existing workflows, ensuring that traders can access these insights without disrupting their current trading processes.
  • Enhanced Trading Outcomes: By providing actionable insights directly within the trading systems, the partnership aims to improve trading outcomes, enhance trading performance, and meet client demands more effectively.

BMLL's infrastructure and data capabilities enable Broadridge to offer its clients a more streamlined and efficient approach to accessing and utilizing analytics. This partnership addresses the need for sophisticated pre-trade analytics in an increasingly complex trading environment, empowering buy-side firms in Japan to make better-informed decisions at the point of execution.

In addition to the Xilix EMS, Broadridge's global Order Management System (OMS) will also benefit from these advanced analytics. This means that traders using both systems will gain instant access to a rich suite of actionable insights, including average daily volumes by trading session, real-time Average Volume At Time (AVAT), Remaining Volume At Time (RVAT), and dynamic execution timing assessments.

"The partnership with BMLL is a significant step in Broadridge's mission to deliver trusted and transformative trading technology to its clients," said Brian Pomraning, Chief Product Officer of Broadridge Trading and Connectivity Solutions. "Our goal is to optimize trading and deliver transformation by integrating actionable insights and robust analytics."

Dr Elliot Banks, Chief Product Officer at BMLL, added, "The partnership will allow Broadridge to provide its buy-side and sell-side clients with pre-trade analytics directly through its EMS and OMS platforms, built using BMLL's high-quality historical data."

This partnership is part of Broadridge's strategy to provide its clients with the tools and resources they need to navigate complex and rapidly changing markets. By leveraging BMLL's expertise in high-quality Level 3 data, Broadridge's clients can benefit without the need for maintaining their own data environments.

In conclusion, the partnership between Broadridge Financial Solutions Inc. and BMLL Technologies is an example of Broadridge's ongoing efforts to improve and optimize its trading technology offerings. It is a testament to Broadridge's commitment to delivering trusted and transformative trading technology and actionable intelligence to its clients.

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