MENA-based neobroker amana has appointed Andrey Artamonov as Chief Technology and Information Officer, recruiting a technology executive who spent 17 years at trading technology provider Devexperts, including nine years as Chief Technology Officer overseeing more than 700 engineers. The appointment brings one of the brokerage technology industry's most experienced engineering leaders into amana as competition among brokers increasingly shifts from products and pricing to technology capabilities. Artamonov founded Lisbon-based consultancy TripleA Digital after leaving Devexperts, focusing on automation and artificial intelligence for financial and operational workflows, experience that aligns with accelerating investments in AI, automation, cloud infrastructure and proprietary trading platforms across Middle East brokers.
Artamonov Brings 17 Years of Trading Technology Experience From Devexperts
Andrey Artamonov has more than 20 years of industry experience, with 17 years spent at Devexperts where he served as Chief Technology Officer for nine years. During his tenure at Devexperts, Artamonov oversaw the development of trading platforms, brokerage infrastructure and wealth management technology used by brokers, broker-dealers and banks across North America, Europe, the Middle East and Asia. His engineering organization comprised more than 700 engineers. After leaving Devexperts, Artamonov founded TripleA Digital, a Lisbon-based consultancy focused on automation and artificial intelligence for financial and operational workflows. His career has been spent building technology used by numerous financial institutions around the world rather than software for a single broker, giving him exposure to how different brokers approach execution, platform architecture, client experience, risk management and operational scalability.
Artamonov Will Oversee Application Development, IT, Cybersecurity and Cloud Infrastructure
At amana, Artamonov's responsibilities include application development, corporate IT, business intelligence, cybersecurity, cloud infrastructure and platform operations. The role places him in charge of the technology stack supporting both customer-facing products and the company's internal operations. His responsibilities span far more than software development, effectively covering the entire technology infrastructure of the business. The appointment suggests amana intends to accelerate development of its proprietary technology rather than relying solely on third-party infrastructure.
Brokerage Industry Shifts Competitive Focus From Pricing to Engineering Capability
Technology has become one of the main competitive battlegrounds among brokers. Execution quality, platform stability, artificial intelligence, analytics, onboarding and automation increasingly determine client acquisition and retention. Technology leadership has moved from supporting the business to helping define business strategy. Across the brokerage industry, firms are increasingly recruiting senior technology executives from platform providers, exchanges and financial infrastructure companies. The objective is to shorten development cycles while building differentiated products that cannot easily be replicated by competitors using identical third-party technology. Many retail brokers have recently announced AI initiatives ranging from conversational assistants to automated market analysis and intelligent portfolio tools.
Executive Commentary on Technology Investment and Regional Growth
Muhammad Rasoul, Chief Executive Officer of amana, said: "Technology has always been at the heart of what we do. As we continue to grow, we're investing in the people who can help us build faster, smarter and at a much larger scale. Andrey has spent his career developing technology for some of the world's leading financial institutions, and we're excited to have him join the team as we continue raising the bar for our clients." Artamonov added: "amana has built an impressive platform and a strong brand across the MENA region. I see a real opportunity to build technology that not only supports the company's growth but also helps set a new standard for investing and trading in the region. I'm excited to get started."
amana Serves 500,000 Users Across MENA With 6,800 Financial Instruments
amana serves more than 500,000 users across the Middle East and provides access to more than 6,800 financial instruments. The platform offers over 1,200 MENA-listed equities alongside U.S. stocks, exchange-traded funds, foreign exchange, metals and other asset classes through its mobile-first investment platform. The appointment illustrates how competition among brokers is increasingly centered on engineering rather than simply pricing or product breadth. For amana, recruiting one of the industry's best-known trading technology executives represents another step in strengthening its technology capabilities as it expands across the Middle East and competes for a growing base of digitally native investors.
FAQ
What is Andrey Artamonov's background before joining amana?
Andrey Artamonov spent 17 years at trading technology provider Devexperts, including nine years as Chief Technology Officer overseeing more than 700 engineers. After leaving Devexperts, he founded Lisbon-based consultancy TripleA Digital, which focuses on automation and artificial intelligence for financial and operational workflows.
What responsibilities will Andrey Artamonov have at amana?
At amana, Artamonov will oversee application development, corporate IT, business intelligence, cybersecurity, cloud infrastructure and platform operations. His role places him in charge of the technology stack supporting both customer-facing products and the company's internal operations.
How many users and financial instruments does amana currently serve?
amana serves more than 500,000 users across the Middle East and provides access to more than 6,800 financial instruments, including over 1,200 MENA-listed equities alongside U.S. stocks, exchange-traded funds, foreign exchange, metals and other asset classes through its mobile-first investment platform.
