Algomi, a network provider of information-matching solutions for fixed income liquidity, has opened a new office in New York, located in Manhattan, according to an Algomi statement.
Algomi has opted to open a new office to help devote more resources and focus to its growing business in the Americas – the group presently works with over 120 buy-side clients and 11 sell-side banks globally with a substantial focus on North America.
The man chosen to lead the New York office will be Steve Gallagher, Algomi’s Head of US operations – furthermore, Algomi’s co-founders and leadership personnel will also play key roles in the New York market.
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The past few months have seen Algomi fortify its human capital, namely with regards to its American operations, including key hires of technology professionals and client service specialists. Algomi has also unveiled ambitions to continue adding asset management, pension fund, sovereign wealth fund, endowment, and hedge fund clients from its office hubs such as New York, London and Hong Kong.
According to Algomi CEO Stu Taylor in a recent statement on the new office, “As the largest single fixed-income market globally, the United States is a priority for the majority of clients. We have had on the ground presence here for more than two years. From our new headquarters, we will continue to provide excellent service and nimbly respond to market and client challenges, all designed to help continue our mission of providing additional liquidity through increased information.”
“We look forward to having our current and future clients come visit our stunning new offices. This new facility is a testament to the business we’ve grown in the States and our ambition to be even bigger and better in the future. We really want to show you what’s next,” added Mr. Gallagher in an accompanying statement.