Partnership between Broadridge and BMLL for Pre-Trade Analysis Services Established
Broadridge and BMLL Partner to Transform Trading for Japanese Buy-Side Firms
In a significant move, Broadridge Financial Solutions Inc. has partnered with BMLL Technologies to enhance its trading technology offerings. This strategic partnership aims to deliver pre-trade analytics capabilities within Broadridge's global sell-side Order Management System (OMS) and Xilix Execution Management System (EMS) for buy-side firms in Japan.
The integration of BMLL's advanced analytics directly into Broadridge's platforms will provide buy-side traders with instant access to high-quality, actionable insights at the point of order entry. This move is expected to significantly enhance trading decisions in real time.
Key benefits and enhancements for buy-side firms include market impact forecasts and participation rate estimates, predictions on execution time, spread costs, volatility, and risk exposure, volatility and risk scoring, and visual displays of intraday trading patterns. All these analytics will be seamlessly incorporated within existing workflows, allowing traders to act on insights without disrupting their process.
By leveraging BMLL’s Level 3 historical market data and analytics, Broadridge empowers buy-side clients in Japan to optimize trading performance, improve execution quality, and manage risk more effectively. This capability addresses the buy-side’s demand for sophisticated, integrated analytics that enhance decision-making at the critical point of trade execution.
Dr Elliot Banks, Chief Product Officer at BMLL, stated that the partnership will enable Broadridge to provide its clients with pre-trade algos for its customers at speed and scale. Brian Pomraning, Chief Product Officer of Broadridge Trading and Connectivity Solutions, added that the partnership aims to provide traders with unprecedented pre-trade insights.
The partnership also underscores Broadridge's commitment to helping firms make informed trading decisions in a rapidly evolving market. Automated order routing will support smarter execution, with metrics adapting automatically as market conditions evolve. BMLL's ISO27k-certified infrastructure provides Broadridge clients with deep, reliable analytics.
In a shift towards buy-and-build strategies, where owning or engineering vast amounts of data is no longer what differentiates firms, but what they do with the data that matters, this partnership adopts an optimized and scalable approach to providing trading technology and analytics.
In conclusion, the partnership between Broadridge and BMLL reinforces Broadridge’s dedication to providing cutting-edge technology and insights, transforming trading workflows and supporting better outcomes for buy-side firms in the Japanese market.
[1] Broadridge Press Release, "Broadridge and BMLL Technologies Partner to Deliver Advanced Pre-Trade Analytics to Japanese Buy-Side Firms," [date], [link]
[2] BMLL Technologies Press Release, "BMLL Technologies and Broadridge Financial Solutions Partner to Enhance Pre-Trade Analytics for Japanese Buy-Side Firms," [date], [link]
[3] Financial News, "Broadridge and BMLL Partner to Transform Trading for Japanese Buy-Side Firms," [date], [link]
[4] The Trade, "Broadridge and BMLL Partner to Deliver Advanced Pre-Trade Analytics to Japanese Buy-Side Firms," [date], [link]
[5] Waters Technology, "Broadridge and BMLL Partner to Deliver Advanced Pre-Trade Analytics to Japanese Buy-Side Firms," [date], [link]
- This partnership between Broadridge and BMLL will offer Japanese buy-side firms advanced pre-trade analytics through technology integration, empowering traders with real-time insights for improved decision-making.
- Leveraging BMLL's historical market data and analytics, Broadridge aims to provide buy-side clients with an optimized and scalable approach to delivering trading technology, enhancing liquidity and risk management.
- By partnering with BMLL, Broadridge positions itself to offer fintech solutions that provide pre-trade algorhythmics for clients at speed and scale, transforming business processes in the Japanese finance market.
