Equiti Group Appoints Karen Tatyan as New Head of Database
Equiti Group has named Karen Tatyan as Head of
Database, according to an announcement he made on LinkedIn today (Tuesday).
Tatyan joined the group as a warehouse/business intelligence/database engineer more than six years ago.
Other Roles at Equiti
Tatyan also served in other roles at Equiti, including Database Team Lead and Data Architect. According to his profile, he has worked for other firms, such as Digitain and Synergy International Systems.
Early this year, Equiti boosted its executive team by
onboarding Sophie Squillacioti as the Director of Sales for the Asia-Pacific
region. Squillacioti, who has two decades of experience, moved to the firm’s Dubai offices.
Her experience also involves running Asian operations
for brokers. Before moving to Equiti, she served as Head of Asia at INFINOX
Global from 2022 to 2023 and worked as the Head of Asia at the Shanghai offices
of BDSwiss.
Meanwhile, Equiti Capital UK boosted its trading
revenue and operating profit for 2023, according to the company’s recent report. The FCA-regulated arm of Equiti Group’s total comprehensive income was
more than 30% lower compared to the prior year.
Trading revenue for the period rose more than $31
million, expanding from $30.5 million posted the preceding year. This pushed
the company to achieve an operational profit of $1.9 million, which jumped from
that of 2022. However, during the period, the total assets held by the firm dropped from $203.5 million to $161.4 million.
Positive Financial Performance
According to the company, the positive results were achieved partly due to an investment in a digital marketing team, which boosted the group’s growth. This increased customer numbers and transaction volumes,
resulting in a 34% growth in commission revenue.
Equiti also won a mini-football tournament involving the top brands in the forex and CFD sector last month. After hours of highly competitive play, Equiti defeated Match Prime to clinch the trophy.
This article was written by Jared Kirui at www.financemagnates.com.
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