Algomi was established in 2012 in London as a digital information network allowing investors and banks to interact with each other. Our first product, Synchronicity, was created for dealer banks and involves capturing all the abstract data circulating across the trading room. This way, new enquiries and orders can be assembled and focussed towards the right salespeople. This gives them a better chance at matching up customers anywhere in the world.
Award-winning Honeycomb, on the other hand, is a buy-side service that gives users direct access to the distribution capabilities of banks on the Algomi network. These digital platforms have revolutionised digital financial trading due to the much lower demands placed on bank or investor technology.
Rony Grushka
Algomi is constantly on the lookout for innovation and improved agility. We’re always enhancing our technology and attracting new clients. This is made possible by our continued investment in new ideas and people. Recent Algomi news sees Rony Grushka joining our ranks. A financial manager and co-founder of the Markit Group, Rony has joined the board of Algomi as a Non-Executive Director.
The Markit Group is an information and analysis company for businesses, in which Rony as co-founder played a major role in transforming into one of the world’s best financial information companies. Throughout his career at Markit, he assumed the roles of the Global Head of Corporate Strategy, CFO, membership of the Executive Management Committee and Secretary to the Board of Directors. He has accounting and finance degrees from LSE and Tel Aviv University and is also a Governor at LSE.
Michael Schidmt on this Algomi news
Chairman of Algomi, Michael Schmidt, shared his thoughts on this great news: “Algomi’s ability to give our customers an insight into their data is unrivalled. Nobody knows the data business, and the correct path to follow when dealing with sensitive information in OTC markets, better than Rony. We are honoured to have him join the board of Algomi and look forward to receiving Rony’s guidance as we develop the next stage of our strategy, building on our recent success launching our SaaS version of Synchronicity to the sell-side.”