30 August 2015

Algomi adds Hugh Willis as strategic advisor

29 April 2014  |  805 views  |  0 Source: Algomi

Algomi, the provider of information-matching solutions for the optimization of fixed income liquidity, has named Hugh Willis as a Strategic Advisor. He is also an investor in the firm.

Mr Willis is the co-founder of BlueBay Asset Management, a specialist fixed income credit manager with US$62.5 billion of assets under management as of 31st March 2014. He served as its Chief Executive from inception in 2001 until the end of 2013, a period which included the sale of the firm to the Royal Bank of Canada for US$1.6 billion in December 2010. He is currently BlueBay's Executive Chairman.

"Hugh joins us at a key time for the company, as we continue to expand and enhance our offering. His unrivalled experience in scaling firms quickly, and the vast knowledge of credit, alternatives and asset management that he brings, will prove invaluable. We are very excited to have Hugh's backing, and look forward to working with him," commented Michael Schmidt, Chairman of Algomi.

Hugh Willis said: "Algomi is creating innovative solutions to what I regard as an important issue currently faced by fixed income markets: namely the need to square the increasing capital and regulatory pressures faced by banks on the one hand, with a continued need for fixed income market liquidity on the other. Algomi's team is of high quality, the industrial logic of its proposition is undeniable, and I am very much looking forward to working with them." 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Android Pay could launch this week
6473 views comments | 26 tweets | 22 linkedin
SunGard system glitch causes havoc for BNY...
6072 views comments | 13 tweets | 12 linkedin
FIS opens Indian financial inclusion lab
5943 views comments | 14 tweets | 2 linkedin
Kenya's NIC Bank links to Twitter and What...
5564 views comments | 27 tweets | 15 linkedin
Wirecard bids for Worldpay - Bloomberg
5052 views comments | 10 tweets | 7 linkedin

Featured job

to £90K base, double OTE, share options
London, UK

Find your next job