Nicolas Shamtanis, the former Chief Executive Officer of the brokerage firm, BDSwiss, has returned to professional life after a six-month sabbatical leave. Shamtanis announced his return today (Tuesday) on LinkedIn, noting that he started running both ‘broker-as-a-service’ provider, Netrois, and payment and compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term solutions provider, Red Acre, as the Chief Executive Officer in April.

Former BDSwiss CEO Returns to Industry

BDSwss appointed Shamtanis as its CEO in March last year, tasking him with leading its global presence and expansion plans. The executive joined the financial and investment services provider in September 2021 as the Deputy CEO.

However, Shamtanis's profile on LinkedIn shows that he exited the role in October last year after only eight months in the role. The senior executive brings about 16 years of forex industry experience to both his new leadership roles at Netrois and Red Acre.

Netrois supports forex and crypto brokerages with ‘fully customized, technology-advanced premium trading solutions. On the other hand, Red Acre provides back-office solutions, including compliance, payments and general support, to financial services companies. According to Shamtanis, both firms are part of a larger fintech group that owns or co-owns companies, such as TradeLocker, Zeply, Cryptopanic, FunderPro & Cryptochill.

“I am truly humbled to be leading such talented teams, and I am genuinely inspired by their dedication and commitment to excellence,” Shamtanis wrote in the LinkedIn post. “Together, we will strive to create products that bring much-needed innovation to an industry which hasn’t seen any for a very long time.”

An Industry Expert

Apart from BDSwiss, Shamtanis over the last decade and a half has worked with two renowned online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term firms, Exness and easyMarkets. Before joining BDSwiss, he served as the Head of B2B Sales at Exness and was the forex broker’s Chief Sales Officer in Malaysia throughout 2019.

Shamtanis started his career in 2007 as a Senior Dealer at easyMarkets and rose to the position of Chief Business Development Officer in September 2013. He was later appointed to the position of Chief Commercial Officer in 2014.

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