>AnomieBOT at 12:37, 26 April 2021

2021-04-26T12:37:30Z

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{{EngvarB|date=May 2014}}
{{Use dmy dates|date=May 2014}}
{{Infobox company
| logo = Financial Technologies India logo.svg
| logo_size = 250px
| type = Public company
| traded_as = {{BSE|FINTECH}}<br/>{{NSE|FINANTECH}}
| key_people = S Rajendran, Managing Director and CEO, Venkat Chary, Chairman <ref>[http://www.ftindia.com/investors/corporategovernance/bod.htm Board of Directors]. {{webarchive |url=https://web.archive.org/web/20120816005815/http://www.ftindia.com/investors/corporategovernance/bod.htm |date=16 August 2012 }}</ref>
| industry = [[Computer services]] on finance/banking<ref>{{Cite web|url=https://www.moneycontrol.com/india/stockpricequote/computers-software/63moonstechnologies/FT02|title=63 Moons Technologies Ltd. Stock Price, Share Price, Live BSE/NSE, 63 Moons Technologies Ltd. Bids Offers. Buy/Sell 63 Moons Technologies Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes|website=www.moneycontrol.com}}</ref>
| products = [[Software]]
| revenue = {{INRConvert|3.8|m}} (as of 2016)<ref>{{cite web|url=http://www.bseindia.com/stock-share-price/stockreach_financials.aspx?scripcode=526881&expandable=0 |title=BSE Plus |publisher=Bseindia.com |accessdate=25 September 2010}}</ref>
| num_employees = 857 as of December 2016 <ref name='companyinfo'>{{Cite web|url=https://www.63moons.com/|title=63 moons | Jignesh Shah’s foremost contribution to the Financial Sector|website=www.63moons.com}}</ref>
| homepage = {{url|http://www.63moons.com/}}
| name = Financial Technologies (India) Limited
| foundation = 1988
| location = [[Chennai]], [[India]]
}}

'''Financial Technologies (India) Limited''' ('''FTIL''') (now known as '''63 moons technologies limited''') is an Indian financial services company headquartered in [[Chennai]], [[Tamil Nadu]], [[India]]. It is formed in 1988.<ref>{{Cite news|url=http://www.livemint.com/Companies/n6M8Za5i2MwDJcJaoKk6IP/FTIL-changes-name-to-63-Moons-Technologies-Ltd.html|title=Financial Technologies changes name to 63 Moons|last=Rukhaiyar|first=Ashish|date=2015-08-19}}</ref> It was funded by Jignesh Shah.<ref>{{Cite web|url=http://www.moneylife.in/article/ftil-groups-bahrain-financial-exchange-starts-membership-campaign/5253.html|title=FTIL group's Bahrain Financial Exchange starts membership campaign|website=Moneylife NEWS & VIEWS}}</ref> The company offers technology intellectual property to create and trade on financial markets.<ref>{{Cite news|url=http://www.business-standard.com/company/63-moons-tech-4756/information/company-history|title=63 Moons Technologies Ltd.|work=Business Standard India}}</ref> The company commenced operations in 1988 starting off with the development of technology products for connecting financial markets. It had its first [[IPO]] in 1995. The company introduced its first commodity derivatives trading platform, the [[Multi Commodity Exchange]] (MCX) in 2003.<ref name="TheamazingstoryofJigneshShahandMCX">{{Cite web|url=http://www.rediff.com/money/2005/oct/13spec.htm|title=The amazing story of Jignesh Shah and MCX|website=www.rediff.com}}</ref> It established similar exchanges in India and elsewhere.<ref>{{cite web|url=http://www.investinindia.com/investmentindia/2010/10/08/financial-technologies-india-ltd-ftil-sells-6-92-stake-in-indian-energy-exchange-iex-for-rs-21-45-crore/|title=Financial Technologies (India) Ltd (FTIL) sells 6.92% stake in Indian Energy Exchange (IEX) for Rs.21.45 Crore |publisher=Investment India|accessdate=5 April 2019}}</ref> FTIL has divested of its domestic and international ventures.<ref name="JigneshShahresigns">{{Cite news|url=https://www.outlookindia.com/newswire/story/jignesh-shah-resigns-as-ftil-md-to-become-chairman-emeritus/868842|title=Jignesh Shah Resigns as FTIL MD, to Become Chairman Emeritus}}</ref>

==Operations==

===Atom Technologies===
Atom Technologies Ltd. is one of India’s leading payments services providers started by FTIL, offering payment collection facilities over Internet, IVR, Mobile App and Point of Sale using credit, debit, net banking, cash cards and IMPS. <ref>{{cite news|url=https://www.livemint.com/Companies/1g2OQsAh79QSSVclXSxkwJ/Japans-NTT-Data-buys-majority-stake-in-fintech-firm-Atom-Te.html|title=Japan’s NTT Data buys 55% stake in Atom Tech for $9 million}}</ref> FTIL has divested controlling stake to NTT Data Corporation, Japan.

===Ticker Plant===
Ticker Plant launched by FTIL, is an analytics platform with real time streaming of market information on domestic and international exchanges as well as OTS markets. In the areas of commodities, forex and equity, Ticker Plant provides IT-enabled services.<ref>{{cite news|url=https://www.businesstoday.in/magazine/special/the-great-enabler--jignesh-shah/story/1196.html|title=The great enabler - Jignesh Shah}}</ref>

FTIL launched many domestic and international ventures. It owned many subsidiaries that included National Bulk Handling Corporation (NHBC),<ref>{{cite news|url=https://m.economictimes.com/ftil-completes-sale-of-nbhc-stake-to-ivf-for-rs-241-74-crore/articleshow/34261345.cms|title=FTIL completes sale of NBHC stake to IVF for Rs 241.74 crore}}</ref> Multi Commodity Exchange (MCX), Dubai Gold & Commodities Exchange (DGCX),<ref>{{cite news|url=https://www.ndtv.com/business/stock/63-moons-technologies-ltd_finantech/reports|title=63 Moons Technologies Ltd.}}</ref> Indian Energy Exchange (IEX),<ref>{{cite news|url=https://www.rediff.com/money/2008/mar/17elec.htm|title=IEX to transform electricity trade in India}}</ref> MCX Stock Exchange (MCX-SX),<ref>{{cite news|url=https://www.financialexpress.com/archive/financial-technologies-promoted-mcx-to-exit-3-exchange-ventures/1227920/|title=Financial Technologies-promoted MCX to exit 3 exchange ventures}}</ref> DOME,<ref>{{cite news|url=https://www.siliconindia.com/shownews/MCX-deploys-FTILs-DOME-and-CnS-nid-64660-cid-2.html|title=MCX deploys FTIL's DOME and CnS}}</ref> Risk Solutions,<ref>{{cite news|url=http://pacificsolutiontech.com/risk-management-solutions-for-banks.html|title=Risk Management Solutions for Banks}}</ref> Singapore Mercantile Exchange (SMX)<ref>{{cite news|url=https://www.livemint.com/Money/9jFj666F4j6CS9dMBVG2gN/FTIL-to-launch-bourses-in-Singapore-Bahrain-Mauritius-in-2.html|title=FTIL to launch bourses in Singapore, Bahrain, Mauritius in 2010}}</ref> and Bourse Africa.<ref>{{cite news|url=https://www.vccircle.com/financial-technologies-acquires-60-stake-bourse-africa/|title=Financial Technologies Acquires 60% Stake In Bourse Africa}}</ref> ODIN, the flagship product of the company, was used for trading in securities and commodities.<ref>{{cite news|url=https://www.ndtv.com/business/stock/63-moons-technologies-ltd_finantech/reports|title=63 Moons Technologies Ltd.}}</ref> In October, 2010, Financial Technologies (India) launched Global Board Of Trade (GBOT), an international multi–asset exchange in Mauritius.<ref>{{cite news|url=http://www.ptinews.com/pressrelease/3248_press-subGlobal-Board-of-Trade-Ltd--GBOT--Formally-Launched-by-the-Prime-Minister-of-the-Republic-of-Mauritius-Today|title=Global Board of Trade Ltd (GBOT) Formally Launched by the Prime Minister of the Republic of Mauritius Today}}</ref> In February 2011, Financial Technologies launched Bahrain Financial Exchange (BFX), the first multi–asset exchange in the Middle East and North Africa.<ref>{{cite news|url=https://www.moneylife.in/article/financial-technologies-launches-bahrain-financial-exchange-bfx-to-go-live-from-7th-february/13598.html|title=Financial Technologies launches Bahrain Financial Exchange; BFX to go live from 7th February}}</ref>

Currently, FTIL has divested of all its domestic and international ventures.<ref>{{cite news|url=https://www.outlookindia.com/newswire/story/jignesh-shah-resigns-as-ftil-md-to-become-chairman-emeritus/868842|title=Jignesh Shah Resigns as FTIL MD, to Become Chairman Emeritus}}</ref>

==Awards==
The entity has won several awards like the ‘Amity Corporate Excellence Award’, ‘IT People award for Product Innovation’; ‘Exchange and
Brokerage Products, Gurjar Ratna Award’,<ref>{{cite news|url=https://www.ndtv.com/business/stock/63-moons-technologies-ltd_finantech/reports|title=63 Moons Technologies Ltd.}}</ref> ‘Ernst & Young Entrepreneur of the Year 2006 Award for business transformation’,<ref>{{cite news|url=https://www.ey.com/in/en/about-us/entrepreneurship/entrepreneur-of-the-year/entrepreneur_of_the_year_award-hall_of_fame-old|title=EY World Entrepreneur Of The Year™}}</ref> ‘DSCI Excellence Awards 2011’ in Security in IT Services – SME category,<ref>{{cite news|url=https://www.dsci.in/content/dsci-excellence-awards-2011|title=DSCI EXCELLENCE AWARDS 2011}}</ref> and ‘Golden Peacock HR Excellence Award’ for the year 2011.<ref>{{cite news|url=https://www.thehindubusinessline.com/companies/financial-tech-wins-golden-peacock-hr-excellence-award-2011/article23056034.ece|title=Financial Tech wins ‘Golden Peacock HR Excellence Award’ 2011}}</ref> The company was featured in the FinTech 100 Rankings 2011 as well.<ref>{{cite news|url=https://www.ndtv.com/business/stock/63-moons-technologies-ltd_finantech/reports|title=63 Moons Technologies Ltd.}}</ref>

==See also==
*[[List of stock exchanges]]

==References==
{{reflist}}

== External links ==
* {{Official website|http://www.63moons.com/}}

[[Category:Financial services companies based in Mumbai]]
[[Category:Financial services companies established in 1988]]
[[Category:1988 establishments in Maharashtra]]
[[Category:Indian companies established in 1988]]

Financial Technologies Group - Revision history

>AnomieBOT at 12:37, 26 April 2021