BMLL announced it’s been selected to support EuroCTP as part of the EU’s consolidated tape (CT) initiative. One of the keys behind the future success of the consolidated tape for equities is the quality of the data itself. Thanks to this collaboration, EuroCTP will be in a position to validate its data quality control designs, and calibrate the thresholds and parameters for those controls ahead of go live, should EuroCTP be selected.
BMLL’s experienced data scientists, in combination with the breadth of its data sets and flexible analytics tools, offer EuroCTP a solid base with which it will be able to breach the historical data gap inherent to a new data product launch at onset. In addition to providing access to its data sets covering more than 100 trading venues, BMLL will share its expertise to support EuroCTP in delivering a fully mature product by mid-2026.
Paul Humphrey, CEO of BMLL, said in a statement: “By offering our historical data and analytics to EuroCTP, BMLL is pleased to contribute to the implementation of the EU consolidated tape for equities and ETFs giving investors clearer, faster, and more reliable insights than ever before.”
Alicia Suminski, principal product manager of EuroCTP, said in a statement: “As of day one, EuroCTP has strived to develop the highest level of quality in the consolidated tape data for the European Union. By working with such an experienced provider of historical data and analytics, EuroCTP will be making it easier for everyone, from the institutions to everyday investors to access and trust the information they need.”