Historical data and analytics provider BMLL has been selected by EuroCTP to support work on data quality calibration for the European Union’s Consolidated Tape initiative, according to a statement from BMLL.
One of the main challenges for the upcoming consolidated tape for equities is ensuring data quality across multiple venues. BMLL’s role will be to help EuroCTP validate and calibrate its data quality controls before the system goes live, if EuroCTP is ultimately chosen to operate the tape.
BMLL will give EuroCTP access to historical data covering more than 100 trading venues, along with analytical tools and input from its data science team. The companies say this will help address the lack of historical reference data that typically affects new market data products.
Mid-2026 readiness
According to BMLL, the collaboration is aimed at helping EuroCTP deliver a “fully mature product” by mid-2026. BMLL CEO Paul Humphrey said the firm’s data and analytics would support the implementation of the EU consolidated tape for equities and ETFs.
EuroCTP’s Alicia Suminski said the organisation’s goal has been to achieve the highest possible data quality from day one, and that working with BMLL supports this objective.
