Financial data and analytics company BMLL has announced the appointment of Niall Cameron as Non-Executive Director, to support the strategic development of the business. At the same time, Cameron joins BMLL’s group of investors.
A former HSBC, IHS Markit and ABN Amro executive, Niall Cameron is an experienced leader in both executive and non-executive roles with a stellar track record that places him at the intersection of financial markets, digital finance, fintech and data. Today, he brings these experiences together at Fintech Connex, a firm he co-founded in 2020, focused on helping companies on their scale-up journey.
Niall Cameron’s appointment follows a period of accelerated growth for the company, fueled by its recent Series B $26m funding round supported by Factset, Nasdaq Ventures, IQ Capital and Snowflake Ventures. In 2023 alone, BMLL expanded its global data coverage with the addition of more than 30 data sets from global exchanges, including APAC, EMEA and the Americas and entered into strategic, global data distribution partnerships with Snowflake and Exegy. During this time, BMLL also expanded its global footprint by building a presence in New York and adding 15 team members in the US and the UK.
An expert in financial markets and data, Niall Cameron brings with him extensive experience in strategic positioning, deal-making, and product and commercial advisory for Fintech. His career spans more than three decades. He served as Global Head of Digital Markets (EMEA/MENA) at HSBC, progressing to the role of Global Head of Digital for the commercial and institutional client base, where he implemented a large-scale digital transformation project over several years. Prior to HSBC, Cameron was an executive committee member at IHS Markit, where he served as Global Co-Head of Equities, Indices, Commodities, Risk Management and Economics. He started his career as a trader and then syndicate manager at firms including Merrill Lynch, rising to Global Head of Traded Markets at ABN Amro in the early 2000s.
Niall Cameron said:
“I am thrilled to join BMLL as non-executive director. Throughout my career I was fortunate to hold senior executive roles at Markit Group where I learned about the power of financial data. BMLL’s data science capabilities, the depth and breadth of its Level 3, 2 and 1 data are unmatched in the industry. What’s more, its collaboration and distribution partnerships are breaking down the barriers to accessing high quality historical data for market participants around the world. I look forward to working with the leadership team and the board in supporting BMLL’s growth strategy going forward.”
Paul Humphrey, CEO of BMLL, added:
“I am very excited to welcome Niall Cameron as non-executive director and investor to BMLL. Having worked with Niall at ABN Amro and benefitted from his strategic counsel in my career and again in my early days at BMLL, I witnessed his passion for the industry first-hand. His experience at IHS Markit and HSBC will be invaluable for our executive team and in our growth journey. We look forward to working with him as we continue our mission to democratise access to the most granular order book data and help global market participants understand how markets truly behave.”
About BMLL
BMLL Technologies is the leading, independent provider of harmonised, Level 3, 2 and 1 historical data and analytics to the world’s most sophisticated capital market participants, covering global equities, ETFs and futures.
BMLL offers banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions and regulators immediate and flexible access to the most granular Level 3, 2 and 1 T+1 order book data and advanced pre and post-trade analytics. BMLL gives users the ability to understand market behaviour, accelerate research, optimise trading strategies and generate alpha more predictably.
Founded in 2014 in the machine learning laboratories of the University of Cambridge, the platform enables researchers and quants across global financial services firms to apply complex statistical techniques to BMLL’s unique big-data sets with applications such as market impact, pre and post trade analytics, order book simulation and compliance. Users no longer need to buy, curate and harmonise data. With BMLL, they gain cost-effective, instant access to a cloud-native Data Science environment via a single web portal, with a long history of the most granular, full order book data across global equities, futures and ETFs for back-testing and simulation, delivered directly into their workflows.
BMLL secured $26 million in their Series B funding round in Q4 2022, led by Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund to fuel further product and geographic expansion. Snowflake Ventures joined the investment round in September 2023.
