The key players in Algomi are appearing more frequently in the news. In a recent interview with The Trade, Stu Taylor explained the recent moves of his company, Algomi. Investment information supply is clearly an area of expertise for Stu Taylor who is the chief executive officer and co-founder of Algomi.

Two years running in 2015 and 2016, Stu was identified as one of the key 40 players in the global trading tech industry by Institutional Investor Magazine.

Current and previous roles

Stu is also a non-executive director for Baymarkets, who provide Fintech and Regtech solutions to the financial industry. Prior to that, he worked for prestigious firm UBS, who supply wealth management advice, investment banking and asset management.

In 2012, along with Usman Khan and Rob Howes, Stu founded Algomi. Investment in big data analysis is key to the future of the bond trading market according to this team.

The role of Algomi

Freeing up data and putting it to good use, creates liquidity. That’s the simple premise underlying Algomi’s contribution to the industry. Its gets more complex from there though as the web of information of all different types is immense. Refining it into useful actions has always been the result of trader skills, and more than a little luck. Using their flagship software programs, Synchronicity, Honeycomb and Synapse, Algomi offer the opportunity for insight, precise communication and increased productivity.

When you are wondering what the next step is, a program like Honeycomb can show you the way. The discretion of your investigation process is assured and is protective of your client. You still make the final trade from the potential unlocked by Algomi. Investment information provided by their programs just makes it that much easier to get to this stage.

The human factor

One of the underlying philosophies of Algomi is the retention of the human factor in bond trading. They recognise that the infrequency and size of bond trades means that the marketplace needs its salespeople. Stu summarised this when he said, “Coming from an e-trading background allows me to see the limits of electronic execution and the bond markets are too broad and complex for this. We digitise the information to allow investment banks’ sales and traders’ access to the broadest range of opportunities and offer products that their clients might not even realise they want. But there remains a need for human intervention in the execution.”