This is a new role within Cinnober and in addition to Per-Anders' present position as Head of Support and Operations.

"The appointment of Per-Anders as Deputy CEO clarifies his important role within Cinnober over the past ten years and underlines our focus on long-term relationships with customers", said Jan Arpi, CEO of Cinnober. "Per-Anders has played a significant role in a great number of our customer relations and extraordinary customer relations are key to our success."

Per-Anders Häll-Bedman joined Cinnober in 2002. Before joining Cinnober he was CEO of Abaris Financial Systems, at the time one of the leading system suppliers for the banking and finance industry in the Nordic countries. Per-Anders has an extensive background in the financial industry, having worked for over 20 years within trading and corporate treasury as well as international project management within large institutions and banks, including Nordea and OMX.

Cinnober provides high-transactions trading and clearing related systems to a number of leading venues, including Alpha Trading Systems, Burgundy, the Chicago Board Options Exchange, the London Metal Exchange, Markit BOAT and NYSE Liffe.