Nils-Robert Persson, chairman of Cinnober, has stepped down from his position at the company after 20 years. Persson’s departure from Cinnober this month follows that of deputy CEO, Per-Anders Häll Bedman, who left the company in December 2018, shortly before its acquisition by Nasdaq.
Since the acquisition, OCC has selected to replace its legacy clearing operations with a system employing Cinnober’s TRADExpress RealTime Clearing. Persson, says: “In 2007, I defined 10 dream customers for Cinnober. With OCC, we now have eight of them. Unfortunately, I will not be involved in delivering to OCC, but wish all involved the best of luck.”