Best financial technology innovation:
Algomi
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Also shortlisted: |
That Euromoney’s financial technology innovation award goes to a non-bank is somewhat telling of how the financial industry is adapting to technology. Algomi’s Honeycomb technology is a perfect example of where outside players are essential in driving innovation in the banking sector. By its very nature the service Honeycomb offers could not be developed by banks, and it is helping bond dealers move to the inevitable broker model that awaits them and bond buyers to deal with the new paradigm of illiquidity.
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