Cinnober has appointed Hans Sjöberg as chief technology officer (CTO) and Taraneh Derayati as new head of sales.
As CTO, Sjöberg will lead the product organisation within Cinnober, which includes DevOps, product architects, as well as research and technology.
Sjöberg joined Cinnober in 2012 when the firm acquired Nomura’s Swedish technology development subsidiary.
Prior to Cinnober, Sjöberg’s worked in various developer roles at investment banks such as Lehman Brothers and Nomura.
In her new role, Derayati will be responsible for leading sales of Cinnober’s exchange and instant clearing technology to market operators and clearinghouses globally.
Taraneh Derayati has worked at Cinnober since 2009, as a business analyst and a project manager, leading several client acquisition projects.
Most recently, Derayati was in charge of delivering Cinnober’s real-time clearing system to Japan Exchange Group (JPX) which went live in February.
Ulf Axman, previous head of sales at Cinnober, will remain in the company in a senior sales advisory role.
Peter Lenti, one of Cinnober’s founders and the previous CTO, remains active in the company in a senior technology architect and advisory role.
Commenting on her new role, Derayati said: “I look forward to taking on this role in these exciting times for our industry.”
She added: “Cinnober has a very strong track record of supporting trading and clearing venues with contemporary, robust, and flexible solutions, and I believe that we are well positioned to continue leading the technological transformation of the finance industry with efficient real-time solutions.”
Sjöberg said: “As an independent fintech firm, we play an important role in a highly interconnected global industry in need of innovative technology. With the current high pace of technical development and new possibilities arising, I look forward to leading Cinnober’s technology operation to ensure that we continue to offer cutting edge solutions that support our customers’ need for efficient and competitive operations.”
