Data and analytics provider BMLL has launched BMLL Vantage, a no-code visualisation tool offering access to granular Level 3 order book data and analytics for US and European clients.
The web-based platform will allow a wide range of market participants, including sales traders, exchanges and analysts, to understand market behaviour without having to code, democratising data and allowing for in-depth research and analysis.
Users will be granted complete market transparency across BMLL equities and ETFs, covering more than 65 execution venues and 485 metrics.
Data sets will be viewable and comparable on daily, monthly and annual scales, without the need for a quant analyst, data science or cloud computing.
Paul Humphrey, CEO of BMLL, says: “BMLL Vantage continues our mission of democratising access to the most granular Level 3 market data and analytics. This has typically been the preserve of only the most sophisticated quantitative firms. BMLL Vantage goes one step further: it provides the quantitative research that previously only quants could do, giving the non-technical user insights that would otherwise require a quant resource.”
Elliot Banks, chief product officer at BMLL, adds: “BMLL Vantage enables users to access and share granular insights to make better informed decisions across their organisation. Users can easily construct a ‘market view’, come back to run the same analysis on a daily basis, share that view across the team with its built-in collaboration functionality and even export plots and data for further analysis.”
