London-based firms CCData and BMLL Technologies have announced a new partnership aimed at streamlining access to data across traditional and digital asset markets.

CCData, an FCA-authorized benchmark administrator, provides digital asset data solutions and settlement indices. BMLL Technologies offers financial institutions granular historical data and analytics on markets.

CCData and BMLL Technologies Partner to Enhance Crypto Data Access

The partnership comes as demand grows for tailored data solutions following the approval of the first spot Bitcoin ETFs in the USA. The two companies combine their specializations to empower clients with advanced metrics to navigate complexities in both areas.

Paul Humphrey, the CEO of BMLL, said the collaboration responds to a rising appetite for quality crypto data among institutional clients. His company recently secured $26 million in a Series B funding round.

“Digital asset traders are now able to access historical data and analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term for all Crypto ETFs and Futures from all traditional US Equity and Futures venues in a single consistent format via BMLL, enabling them better to understand traditional market microstructure on the Crypto markets,” Humphrey commented.

We are pleased to announce the partnership between @CCData_io and BMLL, marking a significant step forward in enhancing access to high-quality digital asset data solutions.

Read more:https://t.co/oYQBoffgpN

— BMLL (@bmlltech) February 8, 2024

The partnership aligns with BMLL's mission of supplying financial institutions with top-tier historical order book data. BMLL has harmonized level three data across asset classes into a unified format so users can seamlessly analyze movements across traditional and digital asset markets.

CCData's CEO, Charles Hayter, added that integrating his firm's accurate crypto datasets with BMLL's expertise will meet the escalating demand for reliable and all-encompassing market data.

“This partnership with BMLL Technologies marks a significant milestone for CCData, enhancing our capability to meet the escalating demand for comprehensive and reliable financial market data,” Hayter concluded.

BMLL’s Recent Data Cooperations

The independent provider of harmonized historical data and analytics across global equity, futures, and crypto markets has expanded its data coverage and access over the past year.

In October, the company took steps to extend its APAC equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and ETF data coverage. This included adding China equity data from the Shanghai, Shenzhen, and Hong Kong exchanges in early 2024.

Over the next few months, BMLL took steps to increase the availability of its datasets. In December, it added Canadian exchanges like the Toronto Stock Exchange to its data coverage. Then, in January 2024, it made three key datasets accessible via the Snowflake Marketplace to improve customer evaluation and access.

According to BMLL, extended data coverage and availability will empower clients to enhance research, surveillance, trade analysis and strategy development by seamlessly leveraging harmonized historical data and analytics across markets.