Global ETF data and analytics company BMLL chosen by Ultumus to offer top-tier services to global market participants.
In a significant move to strengthen the data and analytics offering for the global ETF community, Ultumus and BMLL have formed a strategic partnership. This collaboration aims to provide global financial players with powerful tools for ETF innovation, improved execution, and data-driven strategy.
Paul Humphrey, CEO of BMLL, highlighted the strategy to broaden data coverage globally, including ETF data from Ultumus. As a result, BMLL's global customer base can now access Ultumus ETF reference data and ETF issuer-published metrics.
This partnership utilizes BMLL's granular Level 3 data and analytics to quantify the impact on trading outcomes and market efficiency. The combined data sets offer unparalleled insight into the ETF trading landscape, leading to tighter bid-ask spreads, better pricing precision, and increased trading efficiency.
One leading European ETF issuer has already benefited from the collaboration, experiencing a 16% reduction in spread threshold breaches and a 12% performance uplift. This demonstrates tangible improvements in trading outcomes.
The collaboration between Ultumus and BMLL combines reference data with advanced analytics to enhance ETF trading insights. Ultumus ETF Data is now available within BMLL's scalable Python research sandbox and market microstructure visualisation platform.
Bernie Thurston, CEO of Ultumus, emphasized the focus on delivering measurable value through data innovation. The partnership is committed to delivering real benefits for ETF issuers and the broader trading ecosystem.
Moreover, Ultumus will leverage BMLL's high-quality data to assess the impact of its Portfolio Composition File (PCF) service on trading efficiency. The Ultumus PCF service has already demonstrated a 16% reduction in spread threshold breaches and a 12% performance uplift for a leading European ETF issuer.
The partnership provides data before market open, every day, for each region. BMLL's data coverage already includes historical market data from over 100 trading venues and equities offering covering 100% of the MSCI World Index. This collaboration supports future ETF launches with robust data quality.
This partnership reflects a broader industry trend toward increased transparency and optimized performance in ETF trading through data innovation and advanced analytics. Global customers can now use combined data sets to deepen their understanding of ETF liquidity dynamics and gain insights for differentiation in a competitive landscape.
- By integrating Ultumus ETF Data into BMLL's Python research sandbox and market microstructure visualization platform, finance professionals can now access and analyze comprehensive ETF data from ffnews.com, enhancing their understanding of ETF liquidity dynamics in the business and technology sector.
- This partnership between Ultumus and BMLL not only offers improved ETF innovation, execution, and data-driven strategy for global financial players, but also enables investors to leverage combined data sets from these two entities to make more informed decisions in finance and technology.
