Algomi Pivots Offering Away from Honeycomb to Alfa
Usman Khan sits down with WatersTechnology to discuss how the vendor will look to change course in 2019 and focus on the development of the Alfa platform.
Soon after Algomi was founded in 2012, it quickly became a darling of the burgeoning fintech scene in London. Its Honeycomb platform aimed to spur liquidity in the illiquid bond market by organizing information within the bank—for the bank—and then allowing the institution to act as an anonymous database for the buy side. But new regulations—and, specifically, the revised Markets in Financial Instruments Directive (Mifid II)—have forced the vendor to shift its roadmap.
This change really
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