BMLL appoints Jenny Chen as Head of Sales, Americas
Delivers on its strategic focus to grow US presence due to increased demand for Level 3 Data and analytics
London, New York: 18 January 2023: BMLL, the leading, independent provider of harmonized, historical Level 3 data and analytics, today announced the appointment of former Société Générale, Goldman Sachs and UBS executive Jenny Chen as Head of Sales, Americas. The appointment follows the most recent news announcing Rob Laible as Head of Americas (January 2023) and delivers on BMLL’s strategic growth plans for geographic expansion, to meet the increasing client demand for Level 3 data and analytics in the US and globally.
The build-up of BMLL’s team is testament to the firm's leadership and the strategic vision for the business, which was recently backed by Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund. In Q4 2022 BMLL secured USD 26 million to fuel product development, the acquisition of new data sets and its geographic expansion.
Rob Laible, Head of Americas, said: ”Jenny brings invaluable experience, having run global cross-asset execution businesses at major investment banks and built a great track record in the data and analytics related fintech industry. As we grow our US operations, we are very excited to work with Jenny to help our customers gain insights into how markets truly behave and further democratize Level 3 quant analytics for the whole capital markets community.”
BMLL already serves a number of US based clients and has seen growing demand for its granular Level 3 data and analytics capabilities from increasingly sophisticated market participants, who understand the competitive advantage that historical data can bring.
Jenny Chen, Head of Sales, Americas, said: “I have been very impressed with BMLL’s accelerated growth path, backed by major industry players to fuel both product and geographic expansion. The investment in their unique Level 3 Data and analytics offering as well as the strength of its technology and data science capabilities compelled me to join the team. I look forward to working with the BMLL team to help our growing customer base fully engage with the Level 3 order book data.”
A successful business leader with an investment banking and fintech background, Jenny Chen has over 20 years of experience working in the global financial industry, with a focus on execution services and global portfolio trading, based in the US. She has held a variety of senior roles at Société Générale as Managing Director, Head of Global Execution Services, Americas, responsible for all agency execution teams, sales, trading coverage, and algos; and Head of Global Portfolio Sales Trading and Electronic Services. Prior to joining Société Générale, she spent 7 years at Goldman Sachs and 2 years at UBS in global portfolio trading. Most recently, Jenny served as Head of Sales, Americas, for big xyt.
Paul Humphrey, CEO of BMLL, concluded: “I am delighted to welcome Jenny to our team to support our US expansion. Her experience and reputation speaks for itself. Demand for market insights derived from the most granular data available will grow as the need for a competitive edge, and correlating sophistication levels, rise. Firms that realise the power of Level 3 data will understand their markets better, derive more predictive analytics and leave those still using lower quality data behind.”
ENDS
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Sybille Mueller, Carmen Rey - Streets Consulting
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Notes to Editors
Biography: Jenny Chen, Head of Sales, Americas, BMLL
Jenny Chen is BMLL’s Head of Sales, Americas. A successful business leader with an investment banking and fintech background, Jenny Chen has over 20 years of experience working in the global financial industry, with a focus on execution services and global portfolio trading, based in the US.
She has held a variety of senior roles at Société Générale as Managing Director, Head of Global Execution Services, Americas, responsible for all agency execution teams, sales, trading coverage, and algos; and Head of Global Portfolio Sales Trading and Electronic Services. Prior to joining Société Générale, she spent 7 years at Goldman Sachs and 2 years at UBS in global portfolio trading. Most recently, Jenny served as Head of Sales, Americas, for big xyt.
Jenny won the Markets Media “Excellence in Multi-Asset Trading” Women in Finance Award in 2018. She is currently a member of Chief, a women executive leadership network. She holds a B.S. in Computer Science from University of Michigan, Ann Arbor.
About BMLL Technologies
BMLL Technologies is the leading, independent provider of harmonised, Level 3 historical data and analytics to the world’s most sophisticated capital market participants, covering European and US equities and ETFs as well as global 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, T+1 order book data and advanced pre and post-trade analytics. BMLL gives users the ability to understand market behavior, 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.
For more information please visit our website and follow us on Twitter @bmlltech and LinkedIn.