Algomi is collaborating with IPC Systems, a leading global financial markets technology and service provider, to deliver an exciting new application, DealCall. The innovative application will be incorporated into both Algomi’s award-winning Honeycomb network and IPC’s community of financial market participants, allowing Honeycomb users to connect to both of them.

They are working alongside IPC to allow unified communication for buy-side users of the Honeycomb application. With DealCall, users will be able to connect to the sales coverage teams of their choice at their respective banks. This is exciting news. Algomi customers will be able to enjoy the benefits of DealCall, which will bring together a big community of market participants from IPC and all of Algomi’s applications.

“We are very excited to be collaborating with Algomi,” stated Neil Barua, CEO of IPC. “The successful implementation of DealCall on the IPC Financial Markets Cloud means Honeycomb network participants can work with their counterparts on large sensitive trades in an efficient and secure manner”.

IPC

IPC is a leading company in global financial markets. Among its many services, IPC anticipates change and solves problems, setting the standard with industry expertise, outstanding service, and innovative technology. The company evolves around its customers and their individual needs. Through customer care, long-developed capability and concentrating on community, IPC provides efficient ways for customers to adapt to the rapidly changing requirements of advanced data networks around global financial markets.

Algomi news

Algomi was established in 2012 by Stu Taylor, Usman Khan, Robert Howes and Michael Schmidt. Today their team includes 120 employees with offices in London, New York and Hong Kong. Algomi provides a bond information network that enables all market participants to have access to various types of data in order to trade successfully. Algomi’s innovative technology allows individuals and firms to achieve their requirements, for both sides of the financial market.

They continue to grow and expect to reach 300 clients in the near future, subject to the successful implementation of DealCall, which will make voice trading more accessible than ever. Given that IPC has approximately 6,000 financial clients as well, they expect that the DealCall feature of Honeycomb will appeal to a significant number of firms in the bond market.