Broadridge Financial Solutions said this week that it has formed a strategic partnership with BMLL Technologies to integrate advanced pre-trade analytics into its global sell-side Order Management System (OMS) and the Xilix Execution Management System (EMS) used by Japanese buy-side firms.
Broadridge and BMLL Partner to Deliver Integrated Pre-Trade Analytics
The collaboration aims to deliver actionable insights directly at the point of order entry, enabling traders to optimise execution, manage risk and respond to client demands in real time.
“Working with BMLL we are optimising trading and delivering transformation by integrating actionable insights and robust analytics directly into the workflows of both global sell-side and Japanese buy-side clients,” said Brian Pomraning, Chief Product Officer of Broadridge Trading and Connectivity Solutions.
BMLL’s historical market data is said to underpin features such as predictions on execution time, market impact, participation rates, spread costs and risk exposure.
The systems also reportedly offer metrics like average daily volumes, Average Volume At Time (AVAT) and Remaining Volume At Time (RVAT), alongside dynamic execution timing assessments.
Dr Elliot Banks, Chief Product Officer at BMLL, said: “Our harmonised data and the BMLL Data Lab research platform empower Broadridge with the best-in-class tools they need to dynamically create custom analytics across global markets and provide pre-trade algos for its customers at speed and scale.”
The integration is designed to help traders anticipate volatility, reduce market impact and optimise execution across increasingly complex, multi-venue trading environments, without the cost and complexity of managing their own market data infrastructure.
