Firm won €2.5m EU grant in January for software investment
The chief executive of financial
technology provider, Cinnober, has said that it will launch the
first phase of the company’s new client clearing
system in the second quarter of 2015.
The company has been working on the new
clearing system for some time, with work picking up last month
after the company beat hundreds of tech company applicants to
secure a €2.5m grant from the European Union to finance
work on a client clearing system for investment banks.
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