---
title: BMLL Selects EOSE To Bolster Data Distribution
description: In recent months there has been a 2.5-3x increase in the quantum of data produced by trading venues.
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 04.02.2020

 By Shanny Basar

 Data Management

# BMLL Selects EOSE To Bolster Data Distribution

 04.02.2020 By Shanny Basar

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EOSE, provider of outsourced market data solutions, today announced that the firm has entered into an agreement with BMLL Technologies, the data engineering and analytics firm, to support the distribution of BMLL’s Derived Data offering to new customers and the industry at large.

EOSE provides a flexible, modern approach to commoditising data assets. EOSE’s data product development and sales experts help firms reduce their time to market while allowing them to focus on their core business.

Under the terms of the agreement, EOSE acts as an outsourced sales resource to support BMLL’s market outreach to banks, buyside and sellside firms, and the hedge fund community globally.

**Paul Humphrey, Chief Executive Officer of BMLL Technologies**, said: “In recent months we have witnessed unprecedented spikes in volatility and trading volumes; consequently we have seen a 2.5-3x increase in the quantum of data produced by trading venues. It is now more important than ever for trading participants to have a clear view of what is actually happening in the markets and extract the maximum value from the data they consume, in order to make well-informed decisions”.

**Paul Humphrey added**: “Working with EOSE will complement our efforts to reach a much wider segment of the industry and ensure that our data and analytics tools are made available to market participants as we navigate these increasingly volatile times.”

BMLL’s Derived Data Service gives market participants access to bespoke metrics derived from the most granular Level 3 order book data directly into their trading systems, both at speed and at scale. This enables firms to apply complex statistical techniques to niche big-data sets and perform machine learning on L3 order book data with applications such as market impact, pre & post trade analytics, order book simulation and compliance.

**Suzanne Lock, the founder of EOSE**, says, “We are delighted to be collaborating with BMLL Technologies and support their scale-up ambitions. We provide BMLL with additional resources to bolster their internal sales functions and go-to-market capacity, with the flexibility to expand the team as their needs change. We look forward to working with the BMLL sales team to take their data products to a wider audience”

Source: BMLL

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