Broadridge Financial Solutions Inc., a global Fintech leader, announced a strategic partnership with BMLL Technologies, a leading provider of Level 3 historical market data and analytics, to deliver sophisticated new pre-trade analytics capabilities directly within Broadridge’s global sell-side Order Management System (OMS) and Xilix Execution Management System (EMS) for buy-side firms in Japan.

“Working with BMLL we are optimizing 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. “We are providing traders with unprecedented pre-trade insights to optimize their trading decisions at the point of execution. By seamlessly integrating BMLL’s high-quality data and analytics, we are empowering our clients to achieve better outcomes—enhancing trading performance, managing risk, and meeting their own clients’ demands.”

With these integrated enhancements, traders using Broadridge’s OMS, as well as Japanese buy-side clients leveraging Xilix EMS, gain instant access to advanced analytics at the point of order entry. Powered by BMLL’s historical data, traders receive predictions on execution time, market impact, participation rates, spread costs, and risk exposure, all seamlessly incorporated into existing workflows.

Broadridge’s OMS and Xilix EMS now provide users with 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. Traders benefit from market impact forecasts, participation rate estimates, volatility and risk scoring, and visual displays of intraday trading patterns to inform decisions before execution. Automated order routing further supports smarter execution, with metrics adapting automatically as market conditions evolve.

“We’re thrilled to partner with Broadridge, enabling it 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,”said Dr Elliot Banks, Chief Product Officer at BMLL. “Our mission has always been to democratize access to our datasets. As a result, we are increasingly witnessing a shift across market participants towards buy-and-build strategies, cementing the fact that owning or engineering vast amounts of data is no longer what differentiates firms. It’s what they do with the data that matters. Our harmonized 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”.

Today’s markets are increasingly complex, with multiple venues, unique liquidity profiles, and rapidly shifting trading patterns. By integrating advanced analytics directly within the order management workflow and trading interface, Broadridge and BMLL enable traders to anticipate volatility, minimize market impact, and optimize execution in real time.

BMLL’s ISO27k-certified infrastructure and expertise in high-quality Level 3 data ensure Broadridge clients benefit from deep, reliable analytics—without the burden of maintaining their own data environments.

This enhancement reflects Broadridge’s commitment to providing trusted and transformative trading technology and actionable intelligence to firms navigating increasingly sophisticated markets – with an optimized and scalable approach.

Source: Broadridge