Algomi has won the “FinTech Innovation of the Year” in the 2015 Euromoney’s Global Awards for Excellence. Launched in 2012, Algomi has focused on looking to solve the liquidity crisis seen in bond markets with its innovative approach to big data.
This award comes following a period of sustained growth for Algomi, which now boasts 140 employees worldwide. Buyside clients, including leading hedge fund, asset management, pension fund, sovereign wealth fund and endowment firms, continue to be added to the network from offices in London, New York and Hong Kong, and client support and sales in Chicago, San Francisco, and Singapore. To date there are 11 banks installed and 75 buy-side firms installed on the Honeycomb network, with more coming online each week. Euromoney’s Awards for Excellence cover more than 20 global product categories, best-in-class awards in all regions. The awards were established to recognise institutions and individuals that demonstrate leadership, innovation, and momentum in the markets in which they excel.