Algomi Rolls Out Synchronicity as SaaS

Synchronicity will now take two to four weeks to install as opposed to three to six months.

Usman Khan, chief technology officer for Algomi

Synchronicity provides information-matching in one centralized location to maximize fixed-income liquidity by aggregating information from disparate systems in the banks. It allows parties to enter client inquiries into the system and find out what inquiries other traders have made. As a SaaS solution, Synchronicity uses a secure scalable service hosted by Amazon. It was originally embedded in the existing infrastructure of a firm. Part of the rollout of Synchronicity as a SaaS solution, Algo