Cinnober Taps Alastair Goodwin as CEO of its Newly Formed UK Subsidiary

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.

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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 Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term for exchanges and regulators, across the buy- and sell-side.

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 Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (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.