Cinnober, a provider of exchange and real-time clearing technology, has announced a new senior hire, following the acquisition of the business and assets of Ancoa Software, a UK-based market surveillance specialist company. Alastair Goodwin has been tapped as the new CEO of the group.
Following Cinnober’s acquisition of Ancoa, a new subsidiary has been formed with Mr. Goodwin tasked to lead the entity. The subsidiary itself will provide contextual surveillance and insightful analytics for exchanges and regulators, across the buy- and sell-side.
Turkish Lira Trades Near Record Lows on Unorthodox Monetary PoliciesGo to article >>
He steps into his new role after serving in other key positions at the company. His most recent position was as the Head of Business Development at Boat Services Ltd, a UK-based Cinnober subsidiary and provider of technology services to the banking and insurance sectors.
He has garnered the trust of Cinnober’s leadership after having served in an integral role in the deal between Boat and the London Stock Exchange (LSE) to bring together their reporting services and form TRADEcho. Prior to this role, he worked at Goldman Sachs on its Equities One Delta Strategy team as an Executive Director.
According to Veronica Augustsson, CEO of Cinnober, in a statement on the appointment: “Alastair has been crucial in how we during recent years have built and launched our market leading offering within trade reporting. He’s ideal to cultivate the significant potential we see in the Ancoa product and the talented development team behind it.”
“The surveillance service is a great addition to our product suite, complementing Cinnober’s traditional core market of exchanges as well as our newer initiatives with international banks and brokerages. I am confident that under Alastair’s leadership, Ancoa will be successfully integrated within the Cinnober group and that it will become a prosperous company, delivering a quality service,” she added.