At Algomi, we aren’t the only ones that think our Honeycomb network is great. At Water Technology’s Buy-Side Technology Awards, Honeycomb was named ‘Product of the Year 2015’ and awarded ‘Best Buy-Side Newcomer’. In the rapidly changing environment of bond trading, Algomi’s innovative technology allows investors to satisfy their financial needs, for both sides of the market. In recent years, we have grown to include over 140 employees with offices in London, New York and Hong Kong. At the same time over 240 buy-side firms and more than 17 banks have connected to the Honeycomb network.

Algomi news on Honeycomb

Honeycomb is a unique tool that enables buy-side firms to have access to market intelligence without having to rely on phone calls. Honeycomb turns complex or abstract market data into actionable knowledge, thus helping investors trade with improved speed and effectiveness. Since its introduction, Honeycomb has set a new standard for dealing.

Honeycomb brings together a whole new aspect of market intelligence, namely understanding bank distribution capability. This innovative software displays the investor’s portfolio and scheduled dealings, allowing the investor to have access to information shared with them from various sell-side firms, without revealing their intentions until they are ready to bid.

Award-winning

The award for Honeycomb was presented to Usman Khan, Algomi co-founder and CEO, at a ceremony in London. He commented: “Honeycomb is an investor’s eyes and ears onto the world’s trading floors, connecting insight from inside the banks that is not available anywhere else. Only sophisticated technology is able to connect investors and salespeople without a ripple in the market. Algomi is the single solution on the market able to do this. It is an honour to receive this award and validation to the Algomi team that has been working relentlessly to develop the technology for our client’s needs.”

Winning this award is big on the Algomi news front, since the Buy-Side Technology Awards unanimously recognised the industry’s leading digital technologies. However it’s also big news for all Algomi clients as well as those seeking a solution for more effective and efficient trading.

We’re continuing to expand our clients and services across the globe, with client support and sales now in Chicago, San Francisco, and Boston.