Today, Cinnober announces that it has been selected by a new Asian marketplace for a sophisticated real-time clearing solution.
“We continue to reap success within clearing and our highly global market,” says Veronica Augustsson, CEO of Cinnober. “There is an ever increasing interest from, and ongoing discussions with, leading exchanges and clearinghouses globally. This interest, as well as our well-proven track record, fosters continuous attention from new ventures and consortiums with a need for our refined post-trade knowledge and modular technology.”
The name of the new venture is remaining confidential as per the client’s request. A customized clearing solution will be delivered under the signed agreement, including licenses and future support, and the contract is considered a mid-sized deal to Cinnober.
Cinnober is a world-leading and independent supplier of financial technology to marketplaces and clearinghouses. Customers include major exchanges with extreme demands on reliability and performance, such as the Australian Securities Exchange, BM&FBOVESPA, Dubai Gold & Commodities Exchange, Euronext, Japan Exchange Group, Johannesburg Stock Exchange, the London Metal Exchange, LME Clear, NYSE and the Stock Exchange of Thailand.
For further information or discussion, please contact:
Head of Corporate Communications
Cinnober Financial Technology
Tel. +46-73 403 12 39