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Financial Technologies (India) Limited (FTIL) (now known as 63 moons technologies limited) is an Indian financial services company. The company offers technology IP (Intellectual Property) to create and trade on financial markets. It offers technology IP and domain expertise to create and trade on next generation financial markets. Solutions offered by the company include Brokerage Solutions, Messaging Solutions and Technology & Process Consulting.

History
The company commenced operations in 1988 starting off with the development of technology products that served to connect the financial markets. It had its first IPO in 1995. The company's foray into the exchange business was established when it introduced its first commodity derivatives trading platform, the Multi Commodity Exchange (MCX) in 2003. It went on to establishing similar exchanges in India and across the world, connecting fast growing economies. 63 Moons Technologies Limited (formerly FTIL) has divested of its domestic and international exchange ventures.

Founder
Jignesh Shah is the founder and Chairman Emeritus of Financial Technologies (India) Ltd. He is a first generation entrepreneur and has previously worked at the Bombay Stock Exchange (BSE). He also founded the Multi Commodity Exchange of India Ltd (MCX), the world’s eighth largest commodity futures exchange.

Products/Solutions
The group has an array of software products across two business divisions mainly Brokerage Technology Solutions and Risk Solutions. The flagship product ODIN is a market leader among trading software in markets across the country.

Brokerage Technology Solutions: The group provides end-to-end solutions for Brokers in India and across the world. The solutions caters to digital transactions and financial markets across all aspects such as equities, commodities, currency and debt.

Risk Solutions: The Risk Solution provides software applications which are designed as Risk Management System to the BFSI sector in Information Management area and Regulatory Capital Computation for all types of risks and compliance reporting.

Subsidiaries
Over the years, the company established a number of exchange networks that have provided transparency in financial markets around the world. Some of these are India, China and many countries in the continents of Asia, Africa, Middle East and Central Asia.

Atom Technologies: ATOM Technologies Ltd. is a payments services firm that operates under 63 Moons Technologies. It has more than 150,000 customers and processed more than 150 million transactions through its payment platforms.

Ticker Plant: Ticker Plant 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>

Domestic Ventures
MCX: Multi Commodity Exchange (MCX) was set up in 2003. It offered an electronic trading platform that allowed nationwide futures trading, including both agricultural products and metals.

IEX: Indian Energy Exchange was India’s first power exchange. It got its approval from CERC on August 31, 2007. The type of product traded on IEX was electricity and it cannot be stored in warehouses.

MCX-SX: MCX Stock Exchange (MCX-SX) was a nationwide stock exchange that allowed trading in equities and equity derivatives. A stock exchange for trading in equity, futures & options, currency derivatives and debt market segments.

NBHC: NHBC stood for National Bulk Handling Corporation. It contributed to the agricultural sector by providing logistics.

ODIN: Open Dealer Integrated Network (ODIN), the flagship product of the company, was used for trading in securities and commodities. It had accounted for 80% of the market share in India and installed the base of 3,20,000 trading licenses.

DOME: DOME allowed traders to gain a unique experience while introducing them to globally accepted new functionalities and performance aspects.

Risk Solutions: Aided financial services companies with risk management tools.

International Ventures
DGCX: Dubai Gold and Commodities Exchange (DGCX) was set up in July 2005. It was the first India based commodities derivatives market in the middle region.

SMX: Singapore Mercantile Exchange (SMX) was Asia’s first multi-product global commodity derivatives exchange. It created a platform where trading diversified commodities, including futures and options contracts on metals, base metals, agriculture commodities, energy, currencies and commodity indices was possible. The company was based in Singapore.

Bahrain Financial Exchange: BFX operated a multi-asset class financial exchange for customers in Bahrain and internationally. It allowed traders to trade various asset classes in various categories, including cash instruments, such as bonds, notes, certificates of deposit, depository receipts, exchange traded funds, exchange traded commodities, and real estate investment trusts, etc.

Bourse Africa: It was Africa’s first continental spot and derivatives exchange that allowed trading in commodities, currencies and other asset classes. It offered broader market access to new categories of African and international market participants.

FTIL has divested of its domestic and international ventures.

Corporate social responsibility
FTIL is actively involved in philanthropy work in the areas of women empowerment, environment sustainability, employee engagement activities, promotion of education, health and social welfare and employment enhancing vocational skills. Some of the activities undertaken by the company include organizing a slogan writing contest on World Environment Day to spread awareness about the environmental concerns and the Annual Blood Donation Drive. To further the cause of the Mumbai Mobile Creches, participating in the Standard Chartered Mobile Marathon is another initiative undertaken by the organisation.

Awards/Recognition
During the course of its existence, the orgnanisation won several awards. Some of these include ‘Amity Corporate Excellence Award’, ‘IT People award for Product Innovation’; ‘Exchange and Brokerage Products, Gurjar Ratna Award’, ‘Ernst & Young Entrepreneur of the Year 2006 Award for business transformation’, ‘DSCI Excellence Awards 2011’ in Security in IT Services – SME category, and ‘Golden Peacock HR Excellence Award’ for the year 2011. The company was also featured in FinTech 100 Rankings 2011.