Broadridge Financial Solutions has announced a strategic partnership with BMLL Technologies to integrate pre-trade analytics into its global sell-side Order Management System and its Xilix Execution Management System for buy-side firms in Japan.
The companies said the integration will deliver market intelligence and analytics directly at the point of order entry to support trading performance and risk management.
“Unprecedented pre-trade insights to optimize their trading decisions at the point of execution”
Brian Pomraning, Chief Product Officer of Broadridge Trading and Connectivity Solutions, commented, “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. 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.”
Broadridge said that traders using its OMS, along with Japanese buy-side clients using Xilix EMS, will gain instant access to analytics at order entry. The capabilities, powered by BMLL’s historical market data, include predictions on execution time, market impact, participation rates, spread costs, and risk exposure, with results incorporated into existing workflows.
The company said the OMS and EMS now offer insights such as average daily volumes by trading session, Average Volume At Time, Remaining Volume At Time, execution timing assessments, market impact forecasts, participation rate estimates, volatility and risk scoring, and intraday trading pattern displays. Automated order routing is included, with metrics that update as market conditions change.
Dr Elliot Banks, Chief Product Officer at BMLL, commented, “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. 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.”
Broadridge and BMLL said the integration is designed to help traders respond to complex market structures, multiple venues, and shifting liquidity profiles. By embedding analytics into the trading interface, the companies aim to support volatility management, reduce market impact, and optimize execution in real time.
BMLL said its ISO27k-certified infrastructure and expertise in Level 3 data will allow Broadridge clients to access detailed analytics without maintaining their own data environments.