Data engineering and analytics firm BMLL Technologies announced this Wednesday that it has secured financial markets veteran Paul Humphrey as its Chief Executive Officer, taking over the reins from Johannes Sulzberger, the outgoing CEO, who will remain on the BMLL board as a Non-Executive Director.
Humphrey is a senior executive with decades of experience in the financial markets, ranging from the brokerage, banking, data and exchange sectors. According to a press release sent to Finance Magnates, he was appointed to the leading role to drive the scale-up of the company’s business.
BMLL Technologies raises $25m
The appointment of Humphrey comes on the back of BMLL Technologies raising $25 million in January 2020 in its latest funding round. Among the investors was Oceanwood, VC firm IQ Capital and investment fund Angel CoFund.
Commenting on his new role, Paul Humphrey, Chief Executive Officer of BMLL Technologies, said in a statement: “I am delighted to be joining BMLL at such an exciting time for the business.
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“To receive the backing of Oceanwood, IQ Capital and Angel CoFund is clear evidence that the demand for quality market metrics and analytics to make sense of market trends and drive performance for market participants has never been more important.
“I look forward to working alongside our investors and our market leading clients. I am also tremendously proud to lead BMLL’s extremely experienced and capable management team to continue to scale our business and build on our success to date.”
The cash injection and appointment of Humphrey follows the launch of Platometrics. Platometrics is a new market quality metrics tool that provides a consolidated overview of European liquidity across Lit, Dark/Grey, Bilateral and Non-Addressable trades.
“We would like to thank Johannes Sulzberger for his service as CEO of BMLL and look forward to continuing our work with him in his capacity as BMLL non-executive director,” continued Humphrey.