18 January 2017
visit http://www.wolterskluwerfs.com

Algomi adds Hugh Willis as strategic advisor

29 April 2014  |  1102 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)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit wavestone.co.uk Visit contisgroup.com

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
13454 views comments | 84 tweets | 101 linkedin
Blockchain impact timeline speeds up, massive cost savings forecastBlockchain impact timeline speeds up, mass...
13204 views comments | 39 tweets | 34 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
10967 views comments | 46 tweets | 40 linkedin
Swift goes deeper into the blockchainSwift goes deeper into the blockchain
9396 views comments | 30 tweets | 42 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
9327 views comments | 29 tweets | 20 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job