Tickmill Taps Erhan Beyaz as Head of Data and Analytics

Tickmill enlisted Erhan Beyaz as the new Head of Data and 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 include the UK, Cyprus, and the UAE. Beyaz, who holds a PhD in Computer Science from the University of Manchester, will lead the company's data analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term initiatives to better serve its global clientele.

Experienced Industry Expert

Prior to joining Tickmill, Beyaz spent four years at Equiti Group in Cyprus, where he led Data Management efforts. According to his LinkedIn profile, he joined the company as a Senior BI and Reporting Specialist and later served as the Head of Data Management.

His background also includes a stint at XM as a Data Analytics Manager. Prior to that, he was a Financial Analyst at CPM and previously served as the Head of Financial Planning and Analysis at Levent Group.

His deep understanding of data systems and analytics makes him a valuable addition to the team as Tickmill continues to refine its data-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 is currently led by co-founders Illimar and Ingmar Mattus.

Meanwhile, Tickmill UK Ltd, a unit of the Tickmill Group regulated by the Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol Read this Term, 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, representing a jump of approximately 68% year-over-year. Its operating profit was £107,188, while the 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.