WHO WE ARE

 

Algomi creates the network that enables all market participants to securely and intelligently harness data to make valuable financial trading connections.

In the ever-changing landscape of capital, leverage and liquidity requirements, Algomi’s revolutionary technology empowers fixed income professionals to fulfil their precise needs, for both sides of the market.

By maximising the relationships between salespeople, traders and investors, the Algomi Honeycomb suite of scalable software greatly increases the opportunities and velocity in large and illiquid voice trades between banks and institutional investors.

With tenacity and integrity, Algomi unlocks the full potential of the fixed income market through pioneering and pragmatic technology.

We are Algomi and we want to show you what’s next.

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  • The Honeycomb Network restandardises the way the sell side market their franchise’s capabilities to their clients, helping to cut out the noise.

  • In a balance sheet constrained world, moving risk is no longer about warehousing, it’s about joining the dots and using your networks efficiently. Algomi’s Honeycomb creates dynamic communities around each position, only bringing in the most relevant contacts.

  • Honeycomb uncovers unseen pockets of liquidity. Understanding, not disturbing, the market picture.

  • Timing is everything. Honeycomb alerts users to potential market cares on an order, reducing the ripple effect of moving large sensitive positions.

  • Algomi puts people and relationships at the centre of the picture.

  • Honeycomb demonstrates best execution precisely when it is hardest to prove.

  • Just 1.5% of bonds now trade every day. To bring velocity back to the other 98.5% the market needs to rethink the way risk is moved, information is shared and data is used.

For banks, Algomi Honeycomb creates both a real-time internal network of salespeople and traders, and a discrete dynamic connection to their universe of investor clients and interbank parties. Using their own data, external aggregators and other sources; Honeycomb enables banks to identify the best trade opportunities and to generate efficient collaboration between traders, salespeople and their clients.

For portfolio managers, investor dealers and compliance teams, Algomi Honeycomb turns complex data systems into actionable knowledge. Helping investors trade with increased speed and success. Capturing the heartbeat of the world’s trading floors, Honeycomb provides the data and market insight vital to selecting the right banks and the right time to trade. The investor is able to deal in size, seek best execution, and remain discrete in the market while the banks use their large distribution network.  Execution is voice based between investor and bank, as is appropriate for large sensitive trades.

MEET OUR MANAGEMENT TEAM

Stu Taylor

CEO

Stu was named as one of the 40 most influential individuals in Fintech 2014 by the Wall Street Journal eFinancial News. Before becoming CEO of Algomi, Stu was Managing Director, Global Head of Matched Principal Trading in Fixed Income at UBS. In 2010 – Stu launched UBS PIN–FI – the first internaliser model in Fixed Income at a global investment bank, covering bonds and CDS. Prior to this, Stu held various senior roles in Fixed Income both at UBS and Merrill Lynch, in addition to having served as a board member of Tradeweb. Stu also sits on the board of Baymarkets, the OTC trading system vendor. Stu holds an MPhil from Cambridge University.

Usman Khan

CTO

Usman was named one of the top 40 under 40 rising stars of trading and technology by the Wall Street Journal eFinancial news. Before co-founding Algomi, Usman’s background spans managing various e–business solutions at UBS for a number of years, where after Usman spotted a niche in the Fin-Tech space and invested resources to create a Client-to-Client Dark Pool Trading Platform for Fixed Income, which was successfully rolled out globally in partnership with a large Investment Bank. Usman sits on the board of a number of technology start-ups where he offers management and strategic technology advice. Usman holds a BSc in Computer Science and Mathematics from Queen Mary University.

Robert Howes

COO

Rob co-founded Algomi to build on a strong technology background engineering sophisticated solutions to complex problems. Drawn to opportunities where technology can be used to challenge the status quo, Rob has spent many years successfully leading the delivery of ambitious Fixed Income solutions, including Credit List Trading at UBS and more recently a first of its kind anonymous crossing platform for bonds. Rob holds a M. Eng. in Information Systems Engineering from Imperial College.

Michael Schmidt

Chairman

Before joining Algomi as Chairman, Michael’s background includes a 14-year career at Deutsche Bank and a 10-year at UBS, always heading Fixed Income Trading and Sales teams regionally and globally. His last positions at UBS were Co-Head of European Credit Trading, Global Head of UBS FI Retail Trading and member of the IB board of UBS Switzerland. Under his leadership, his teams pioneered a number of market leading electronic trading platforms including DB Autobahn, UBS Wealth Management/Investment Bank Connectivity Hub in addition to introducing the first algorithmic pricing tools in Corporate Bonds.
Michael holds a degree in Economics from University of Dusseldorf.

Niklas Lindberg

Chief Sales Officer

Prior to joining Algomi, Niklas’ background includes various management positions at Citrix Systems, across EMEA, and a vast background in business and technology consulting from e.g. Deloitte Consulting spanning across EMEA and USA.

Niklas holds a degree in Marketing and International Business from Oklahoma State University, coupled with complementary studies at e.g. MIT.

Stefano Vaccino

Head of Product

Before joining Algomi as Head of Product, Stefano worked in JP Morgan and more recently in Goldman Sachs where he was Executive Director in Credit Sales. Stefano is a creative thinker and his background includes various entrepreneurial experiences. Stefano holds a B. Eng. in Information Engineering and a M. Eng. in Micro and Nanotechnology for ICT with studies at Politecnico di Torino, INPG, EPFL and MIT.

Steve Gallagher

Head of Algomi US

Prior to joining Algomi, Steve was head of MarketAxess Europe & Asia, where he worked with institutional clients and dealers in established and emerging markets. Previously, he was Head of High Grade Trading at Wachovia Securities (now Wells Fargo) responsible for cash, credit default swaps, private placements, emerging markets and crossover trading. Prior to joining Wachovia Securities in 2004, Mr. Gallagher held similar positions with Bank of America Securities, Bear Stearns and Merrill Lynch from 1987-2003.

JESPER BRUUN-OLSEN

Head of Algomi Asia-Pacific

Before joining Algomi, Jesper spent 11 years at Tradeweb from 2001 to 2012, most recently as Managing Director, Asia-Pacific. Jesper joined as part of the early team that established Tradeweb in Europe. In 2004 he was appointed to head up the company's expansion into APAC, initially based in Japan and later Hong Kong. Most recently, he held the position of Managing Director at OANDA in the region. He holds a degree in Commerce and Finance from Copenhagen Business School, and also participates in the European Commission sponsored Executive Training Programme (ETP) focused on conducting business in Japan.

Manu Gupta

Director and General Partner Lakestar

Manu Gupta is a General Partner at Lakestar and invests in technology companies worldwide. In the last 15 years, he has worked as a Java coder, software product designer, enterprise marketer, tech banker, and venture capitalist. Manu covers all sectors of tech, and was named part of the 2014 Fintech 40 most influential by the Wall Street Journal eFinancial News. Previously, Manu was an Executive Director and Head of European Internet at Goldman Sachs, advising on tech M&A and IPOs in both San Francisco and London. He started as a Software Engineer and Product Manager at Oracle Corporation, helping design some of Oracle’s very early mobile applications, and coding in the first incarnations of Java at Sun Microsystems. Manu has an MBA from the University of Chicago and studied Electrical Engineering & Computer Science (EECS) from UC Berkeley.

Michael Meinhardt

Board Advisor

Michael’s background includes 20 year investment banking career spanning fixed income and equity sales, debt capital markets, M&A and strategic advisory with operational and management responsibility across different geographic markets. Michael was Managing Director of the Financial Institutions Investment Banking Team at Salomon Brothers/Citigroup as well as at Donaldson, Lufkin & Jenrette and has hands-on transaction experience in Europe, the USA and Asia.

Michael has a solid track-record supporting start-up business in the professional services and IP licensing industries as an investor/non-executive director.

Charles Teschner

Non executive director and Senior Partner Boston Consulting Group

In addition to his non-executive role at Algomi, Charles is Senior Partner and Managing Director at The Boston Consulting Group Charles has more than 25 years of experience in the capital markets industry. He has held practice leadership roles, C-suite functional roles and served as an independent director for companies in both the US and Europe. His domain expertise includes equities, fixed income and commodities; data, software and technology; securities processing; commercial banking and asset finance; and active and passive asset management and indices.

Hugh Willis

Strategic Advisor and Executive Chairman BlueBay

Hugh is the Co-Founder, Executive Chairman and Member of the Board of BlueBay Asset Management LLP. Previously, he served as the Chief Executive Officer at BlueBay since its inception from 2001 to 2013. Mr. Willis spent eight years at J.P. Morgan, latterly as the Co-Head of its European credit arbitrage group.

Howard Edelstein

Strategic Advisor and Chairman Redi

In addition to his strategic advisor role, Howard is Chairman of Redi. Howard serves as an Advisor of BT Radianz. Mr. Edelstein has been the Chief Executive Officer of BondDesk Group LLC since October 17, 2012 until its recent sale to Tradeweb. He served as the Chief Executive Officer and President of NYFIX Inc. from September 2006 to November 30, 2009. He served as Chief Executive Officer and President of BT Radianz (formerly Radianz, Inc.) from July 2003 to January 2006. He served as an Executive in residence at Warburg Pincus LLC.

Grant Biggar

Strategic Advisor

Grant Biggar served as the President of Creditex Group, Inc. (alternate name Creditex, Inc) a wholly owned subsidiary of IntercontinentalExchange, Inc. since January 2010. Mr. Biggar served as Head for Europe of Creditex Group, Inc. from April 2004 to January 2010 and also served as its Managing Director.

NEWS AND INSIGHTS

The latest news, media coverage and commentary

Algomi’s Honeycomb Network Sees Strong Buy-Side Adoption

Algomi’s Honeycomb Network Sees Strong Buy-Side Adoption

Bond information network reaches milestone as investment firms enroll in Asia, Europe and the United States NEW YORK – Algomi, the networ ...

Algomi Marks U.S. Growth with New Clients and Offices

Algomi Marks U.S. Growth with New Clients and Offices

NEW YORK –Algomi, the network company providing information-matching solutions for the optimization of fixed income liquidity, today announc ...

Algomi Wins “Trading Technology Product of the Year” in Risk Magazine Awards

Algomi Wins “Trading Technology Product of the Year” in Risk Magazine Awards

London, 12 January, 2015 – Algomi, the network company providing information-matching solutions for the optimisation of fixed income liquidi ...

 

CONTACT US

WE ARE LOOKING FORWARD TO HEARING FROM YOU

London Office

Algomi Ltd
12th Floor  One America Square
Crosswall
EC3N 2LB London

Reception +44 (0)207 954 4501
Sales +44 (0)207 954 4545
Support +44 (0)207 954 4500

New York Office

Algomi Corporation
41 East 11th Street
Room 66, 10th Floor
New York NY 10003

Reception +1 212 699 3611

Hong Kong Office

Algomi Asia Pacific Limited
The Center, Suite 01-03, 66/F
99 Queens Road Central
Hong Kong

Sales +852 2824 8673