Private equity firm Nordic Capital has acquired BMLL, an independent provider of historical order book data and analytics, as part of an effort to accelerate BMLL’s growth, officials say. “The investment will be made in close partnership with the management team of BMLL and minority shareholder Optiver, marking a joint commitment to accelerate the company’s… Read More >>
Firms to Boost Alternative Data Budgets by 240%
A new survey finds that a sizable number of asset managers that are exploring alternative data sources and advanced analytics capabilities plan to increase their investment in this area by 240 percent over the next three years. This new journey for many firms involves the exploration of machine learning (ML), natural language processing (NLP), and… Read More >>
