BDSwiss parts ways with CEO Nicolas Shamtanis

abdelaziz Fathi

Nicolas Shamtanis, the chief executive officer (CEO) of BDSwiss Group, has left the broker to assume a dual leadership role at two trading technology providers, Netrios and RedAcre.

Nicolas Shamtanis

“After a much-needed 6-month sabbatical to recharge and rejuvenate, I am delighted to announce that since April, I have embarked on an exciting new journey as the CEO of both Netrios and RedAcre. This transition marks a significant milestone in my professional career, and I couldn’t be more grateful for the opportunity to lead and contribute to the growth of these remarkable organisations,” Shamtanis wrote in a Linkedin post.

Netrios is a technology provider specializing in “broker as a service” and “prop as a service” solutions for Forex and crypto brokerages. Their range of products and services is designed to support brokerages throughout the entire user journey, offering a holistic ecosystem of value.

Netrios offers a variety of technology-driven capabilities, including trading platforms, customer relationship management (CRM) systems, payment integration solutions, and even customer support services for end traders. By leveraging these capabilities, brokerages can focus on user acquisition and growth while leaving the technological aspects and operational support to Netrios.

The other brand, Red Acre, is a team of over 300 individuals who possess expertise in various areas essential to support clients in the fintech industry. They provide support and services to complement the offerings of companies like Netrios, enabling them to deliver comprehensive solutions to their clients. Their capabilities encompass a wide range of areas, including technology development, operations, marketing, customer support, and more.

BDSwiss promoted Nicolas Shamtanis in March 2022 to take on the role of its chief executive officer (CEO). The FX industry veteran originally joined the multi-asset broker back in September 2021 as Deputy CEO.

Prior to BDSwiss, Shamtanis served nearly two years at Exness. He initially joined the broker as its Chief Sales Officer (CSO) for the Asia Pacific region in December 2019. The position saw him relocate from Cyprus, where he had been based for his entire career, to Kuala Lumpur, Malaysia. In February 2020, Shamtanis was promoted to take an expanded role as Exness’ head of B2B sales.

Nicolas is a highly experienced FX industry professional and a prominent name in the brokerage world, having spent 12 years at easyMarkets before joining Exness. During this long stint, he worked his way up through several senior roles with the CySEC regulated broker, culminating with the position of Chief Commercial Officer (CCO). In this role, Shamtanis was responsible for the growth of the customer base via initiatives that ensure a more efficient on-boarding and customer retention process, per his Linkedin profile.

He originally joined the firm as a senior dealer and was then elevated to business development officer, chief client retention officer, amongst other varied sales roles. There, he was also responsible for majoring in specific aspects of the company’s product range including the unique dealCancellation solution.

Shamtanis graduated from Technische Hochschule Nürnberg Georg Simon Ohm, a university in Nuremberg, Germany. He has obtained a degree in international business with a focus on business, management, marketing, and related support services

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