BTIG Expands TMT Equity Research Team with Software Analyst Siti Panigrahi

New York – May 13, 2019 BTIG announced today that Siti Panigrahi has joined the firm’s Research and Strategy division. As a senior equity analyst, he focuses on the TMT sector and concentrates his research on SaaS and vertical software companies. Mr. Panigrahi’s expertise spans both established and emerging, public and private technology companies. Based in San Francisco, he will report into David Lenchus, Director of Research at BTIG.

“We are pleased to welcome Siti to BTIG’s Research and Strategy team,” noted Mr. Lenchus. “He will be instrumental in strengthening our research coverage across the sector, with actionable insights to help clients better understand the SaaS and vertical-focused software company landscape.”

Prior to BTIG, Mr. Panigrahi was a Senior Analyst within Equity Research at Wells Fargo Securities. Previously, he held a similar role at Credit Suisse. Earlier in his career, Mr. Panigrahi gained 12 years of industry experience working with start-ups and other more established companies within the industry, including a role in product strategy and product management at Oracle. He earned a BS in electrical engineering from NIT, India and an MBA from the University of California, Berkeley.

BTIG Research and Strategy provides comprehensive fundamental research reports and in-depth industry and company observations for clients. Its sector focus includes consumer, energy, financials, healthcare, real estate, shipping, and technology, media and telecommunications.

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About BTIG

BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 600 employees, BTIG, LLC and its affiliates operate out of 18 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities (futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.

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