Tickmill enlisted Erhan Beyaz as the new Head of Dataand Analytics. Beyaz is an experienced industry expert who worked for notable industry brands such as Equiti Group.
Erhan Beyaz’s appointment comes as the company broadens its presence across various jurisdictions. Some of its key markets includethe UK, Cyprus, and the UAE. Beyaz, who holds a PhD in Computer Science from the University of Manchester, will lead the company’s dataanalytics initiatives to better serve its global clientele.
Experienced Industry Expert
Prior to joining Tickmill, Beyaz spent four years atEquiti Group in Cyprus, where he led Data Management efforts. According to hisLinkedIn profile, he joined the company as a Senior BI and Reporting Specialistand later served as the Head of Data Management.
His background also includes a stint at XM as a DataAnalytics Manager. Prior to that, he was a Financial Analyst at CPM andpreviously served as the Head of Financial Planning and Analysis at LeventGroup.
His deep understanding of data systems and analyticsmakes him a valuable addition to the team as Tickmill continues to refine itsdata-driven approach. The company’s recent leadership changes reflect its commitment to growth and innovation.
Other Recent Executive Moves at the Firm
Just last year, the firm appointed Johnny Khalil as Executive Director at Tickmill Europe in Cyprus. The company’s management iscurrently led by co-founders Illimar and Ingmar Mattus.
Meanwhile, Tickmill UK Ltd, a unit of the Tickmill Groupregulated by the Financial Conduct Authority (FCA), posted its full-year financial report towards the end of last year, highlighting revenue of £6,641,693,an increase from the previous year.
The company’s administrative expenses rose to £9.5 million, representinga jump of approximately 68% year-over-year. Its operating profit was £107,188, whilethe pre-tax profit for the year was £122,905. Net profit for 2023 was £77,519, a decline from £643,284 in the previous year. According to the firm, the decline resulted from a change in its financial situation, including pressure from rising costs affecting profitability.
This article was written by Jared Kirui at www.financemagnates.com.
