Algomi news: Algomi buys ALFA liquidity analytics tool

Great Algomi news! As of May 15, 2017, the ALFA tool created by AllianceBernstein Holding L.P. was acquired by Algomi Ltd, expanding and improving our catalogue of great software for traders. Both the intellectual property behind the ALFA system and the brand name has been acquired by Algomi, but changed to Algomi ALFA. In exchange, AllianceBernstein has taken a seat on the board of directors here at Algomi and an undisclosed minority stake in the company.

The acquisition of this new software will broaden our sphere of influence, connecting with Algomi´s existing Honeycomb network, enriching our relationships and effectiveness. AllianceBernstein undertook a long and competitive search to find the sole marketer of their revolutionary product. The focus remains on digital data technology solutions for Algomi. News is that this was a key factor in AllianceBernstein´s choice of partnership.

What is ALFA?

ALFA is an exciting new program that allows the buy-site trader to see a real-time view of the market as a whole, including high yield, investment grade, government bonds, emerging market, municipal debt and structured credit. It does this by providing cross-market information on trade intent and liquidity.

Algomi Alfa will be sold to buy-side fund managers, displaying relevant and helpful data from messaging platforms, electronic venues and direct dealer inventory feeds. Algomi hosts ALFA on a secure cloud with unique instances for each user, this allows them to develop a relationship with you via API or GUI.

The advantages of relevant and current information

You need to keep as up-to-date as possible to make efficient and successful trades. It is vital to keep up with the latest news. Algomi ALFA provides real-time information that could have a huge impact on the success rate of your trades.

ALFA will benefit execution traders, portfolio managers, quants and compliance professionals. As this technology is linked to our Algomi Honeycomb system for sell-side traders, both programs are enriched bilaterally.

In short, this technology revolutionises the way you will do business, allowing you to make faster, more informed decisions when repositioning portfolios. In short, this technology will make your job easier and potentially more profitable.