WE WANT TO SHOW YOU WHAT S NEXT

Transcription

1 WE WANT TO SHOW YOU WHAT S NEXT algomi.com

2 INTRODUCING ALGOMI We create the bond information 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 Institutional investors Inter-dealer brokers Exchanges Algomi is innovating the way the buy-side and sell-side trade fixed income securities, while preserving the overwhelming importance and dominant value of voice trading by empowering sales and trading operations. With tenacity and integrity, Algomi unlocks the full potential of the fixed income market through pioneering and pragmatic technology. Our growth stems from changing market conditions in the fixed income market, driven by regulation stipulating that banks can not warehouse fixed income risk on their balance sheets. No other firm is offering a comparable product or service, or a platform with the potential to revitalize and transform the bond market. Algomi was founded in 2012 by Stu Taylor (Former Global Head of Matched Principal Trading and creator of PIN-FI at UBS), Usman Khan and Robert Howes (Founders of CAPXD), and Michael Schmidt (Former Head of European Credit Trading and IB Board Member at UBS). Backed by investment from Lakestar and an exceptional panel of Strategic Advisors, the Algomi team has grown to over 140 employees with offices in London, New York and Hong Kong. Best New Product Markets Media, February 2016 One of the most innovative FinTech companies Forbes, December 2015 Product of the year Waters, November 2015 Most Innovative Trading Platform/Service across Equities, FX and Fixed Income Financial News, October 2015 and 2014 FinTech Innovation of the Year Global Awards for Excellence Euromoney, July 2015 Recognised as Innovators Future of Financial Services WEF, July 2015 One of the 50 hottest FinTechs in Europe FinTech50, January 2015

3 HONEYCOMB For portfolio managers, execution dealers and compliance teams, Algomi Honeycomb turns complex data systems into actionable knowledge, helping investors trade with increased speed and success. Honeycomb sets a new standard in the way dealers market to the buy side, recognizing that their value is now derived from their distribution network not their balance sheet. At present, buy side firms utilize their OMS to manage inquiries and then either manually execute them on electronic venues or, for larger or more illiquid trades, discuss with their banks on the telephone. Algomi establishes firewall-friendly secure lines that connect the OMS with the Honeycomb software. Honeycomb is a Java based application hosted by Algomi aimed at applying business rules dynamically to filter, transform, aggregate and route content from multiple sources, primarily sell-side firms, in a contextual fashion to buy side traders. Client loads portfolio of requests Honeycomb promotes a reactive, modular and distributed architecture. The system is built on asynchronous messaging between components that enables loose coupling, isolation and location transparency. It also leverages a distributed in-memory data cache for caching and performance improvement. Honeycomb introduces a new dimension of data, namely insight into bank distribution capability. It is targeted not broadcast and timed to perfection. Installed within each bank, inside compliant trading processing systems, this verified data can be trusted as accurate. Honeycomb displays the investor s portfolio and planned transactions in a visually engaging, informative and intuitive form, by allowing the investor to view information shared with them from multiple sell side firms, without

4 revealing their intentions until they are ready to open a communication channel. The reduction in information leakage gives confidence in making just one call on a sensitive trade. This reduces market noise associated with multi-dealer enquiries. Once the investor has revealed their cares to the chosen bank, the sales contact is notified internally as to exactly which other salespeople have clients who are most likely to be the other side of the trade, again reducing the number of potential leakage points within a counterparty. Dealer views all bond matches Honeycomb amalgamates information from a range of sources: runs, axes, flow and enquiry color and the data is provided and updated real-time. Execution dealers are able to run a silent search across their counterparties franchises to better understand who is best connected on a trade-bytrade basis. New flow or trade color at each bank is constantly monitored for relevance and pushed to the buy side. Execution remains voice-based between investor and bank, as is appropriate for large sensitive block trades. Real time notifications of global activity

5 Honeycomb offers full Order Management Systems OMS integration and provides a detailed audit report recording flow of price and liquidity discovery from the moment an enquiry is loaded. Every button click on the Honeycomb Network is tracked and pulled into a report that demonstrates the process undertaken by the buy-side trader, and the information they received that led them to their final decision around execution. This means a dealer is able to prove that a best execution process has been followed precisely on those trades where is it hardest to demonstrate. This provides the buy side firm with a unique and powerful display of information on their portfolio. 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 discreet in the market. How Algomi Honeycomb works

6 AMERICAS Algomi Corporation 135 East 57th Street 28th Floor New York NY APAC Algomi Asia Pacific Limited The Center Suite 01-03, 66/F 99 Queens Road Central Hong Kong EMEA Algomi Limited One America Square 17 Crosswall London EC3N 2LB Algomi Limited is, unless otherwise stated, the owner or authorised user of all copyright and other intellectual property rights in this brochure and its contents. No part of this brochure may be published, distributed, extracted, re-utilised, or reproduced in any material form (including photocopying or storing in any medium by electronic means and whether or not transiently or incidentally to some other use of this publication), except as agreed in writing by Algomi Limited or as permitted by the Copyright Designs and Patents Act 1988 or the Copyright and Rights in Databases Regulations 1997, as applicable. Algomi Limited is incorporated in England and Wales under company number with its registered office at One America Square, 17 Crosswall, London EC3N 2LB, United Kingdom. Algomi Corporation is incorporated in the State of Delaware, USA under file number Algomi Asia Pacific Limited is incorporated in Hong Kong with company number Algomi Limited and its affiliates are not regulated, nor are they registered as broker-dealers or investment advisors in any jurisdiction. Algomi Ltd All rights reserved. algomi.com