NEW YORK--(BUSINESS WIRE)--Advan Research Corporation, the leading geolocation data analytics provider servicing the financial, retail and real estate industries since 2015, today announced that, effective immediately, Yiannis Tsiounis, Ph.D., the company’s founder and Chief Executive Officer, will become Executive Chairman and Grigorios Reppas, currently Chief Operating Officer, will be promoted to Chief Executive Officer.
“Grigorios has provided essential leadership over the years as we successfully solidifed the data supply, enhanced our platform with new and deeper analytics solutions, expanded our client base to several sectors outside the institutional investor community, and established a number of strategic partnerships”, said Tsiounis. “Grigorios is becoming CEO at a time where our growth potential has never been more promising, after Advan’s strongest year ever where its client base and revenue more than doubled. I am looking forward to supporting Grigorios on his new role.”
“I am very excited to take this additional responsibility at a time of immense growth for the alternative market sector, and fortunate to have an excellent team of colleagues with which we have worked so closely together to establish Advan as the most accurate geolocation data analytics platform,” said Reppas. “I could not be more confident on the opportunities ahead of us, ranging from enhancing our core datasets and adding new ones, continuing expanding our partnership network across several new verticals, and consummating strategic acquisitions that align with Advan’s market positioning.”
Prior to Advan Mr Reppas has served at MarketAxess, an electronic trading platform for fixed income products, where he was the Global Head of Hedge Fund Sales and CDS product manager, from 2010 to 2017. Also worked with Mr Tsiounis at BQuotes, a Credit Default Swaps and cash bonds fintech platform where he was a COO from 2006 to 2010.
