Financial data and analytics company BMLL has announced the appointment of Niall Cameron as a Non-Executive Director, to support the strategic growth of the business. At the same time, Cameron joins the BMLL investor team.
A former executive at HSBC, IHS Markit and ABN Amro, Niall Cameron is an experienced leader in both executive and non-executive roles with an impressive track record that places him at the intersection of financial markets, digital finance, fintech and data. Today, he brings these experiences together in Fintech Connex, a company he co-founded in 2020, focused on helping companies on their journey to scale.
Niall Cameron’s appointment follows a period of accelerated growth for the company, fueled by its recent $26 million Series B funding round backed by Factset, Nasdaq Ventures, IQ Capital and Snowflake Ventures. In 2023 alone, BMLL expanded its global data coverage by adding more than 30 datasets 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 UK.
A financial markets and data expert, 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, transitioning 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 a member of the executive committee of IHS Markit, where he served as Global Co-Head of Equities, Indices, Commodities, Risk Management and Financials. He began his career as a trader and then a syndicate manager at firms including Merrill Lynch, rising to become Global Head of Traded Markets at ABN Amro in the early 2000s.
Niall Cameron said:
“I am delighted to be joining BMLL as a non-executive director. Throughout my career I have been fortunate to hold senior positions at the Markit Group where I learned about the power of financial data. BMLL’s data science capabilities, depth and breadth of Level 3, 2 and 1 data are unmatched in the industry. In addition, its collaboration and distribution partnerships break down the barriers to access to high-quality historical data for market participants around the world. I look forward to working with the leadership team and the board to support BMLL’s strategic growth going forward.”
Paul Humphrey, CEO of BMLL, added:
“I am very excited to welcome Niall Cameron as a non-executive director and investor to BMLL. Having worked with Niall at ABN Amro and benefited from his strategic advice in my career and again in my early days at BMLL, I saw first-hand his passion for the industry. His experience at IHS Markit and HSBC will be invaluable to our executive team and in our growth journey. We look forward to working with him as we continue our mission to democratize access to the most granular order book data and help global market participants understand how markets are really behaving.”
About BMLL
BMLL Technologies is the leading independent provider of harmonized historical data and Level 3, 2 and 1 analytics for 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 instant and flexible access to the most granular T+1 Levels 3, 2 and 1 order book data and advanced before and after analysis the transaction. BMLL enables users to understand market behavior, speed up research, optimize trading strategies and generate alpha more predictably.
Founded in 2014 at the Machine Learning Labs of the University of Cambridge, the platform enables researchers and companies in global financial services to apply complex statistical techniques to BMLL’s unique big data sets with applications such as market impact, pre- and after the trade. order book simulation and compliance. Users no longer need to purchase, curate and reconcile data. With BMLL, they gain cost-effective, instant access to a cloud-native Data Science environment through a single web portal, with a long history of the most detailed, data-rich order book in global equities, futures and ETFs for back-testing and simulation, delivered directly to their workflows.
BMLL secured $26 million in Series B funding round in Q4 2022, led by Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund to further fuel its product expansion and geographic expansion. Snowflake Ventures joined the investment round in September 2023.