Financial Technologies (India) Limited (FTIL)

Financial Technologies (India) Limited (FTIL) headquartered in India and listed on Bombay Stock
Exchange. Financial Technologies is a CMM Level 3 Company. It has also promoted India’s
leading multi commodity future exchange (MCX) and inter bank forex trading platform (IBS-Forex).
F.T is headed by Mr. Jignesh Shah (Chairman and Managing Director). F.T has a Group companies
like MCX, NSEAP, NBHC etc.

Few of their group companies are

• MCX –Multi commodity Exchange
• NBHC – National Bulk Holding Corporation
• Wizcraft – Risk Management Company
• CCIL – Clearing corporation of India
• Dubai Gold Exchange

Multicommodity Exchange
It’s a commodity exchange into transactions of commodities like Gold, Silver, Crude oil, Copper etc
It is ranked amongst top 10 commodity exchanges in the world
In terms of Silver its No 1 commodity exchange in the world
Average daily turnover of 18,000 crores

MCX –SX – Stock Exchange

New initiative from Multi commodity Exchange started in Oct-08
It specializes in Currency futures and hedging
Spearheaded by Mr U Venkataraman (CEO & Ex Head Treasury of IDBI Bank)
Fine mix of employees from Banking hence no culture disintegration
According to a recent News the MCX –SX recorded highest daily turnover of 1465 crore in foreign
exchange surpassing the trade revenue on BSE & NSE

Some brief about the company as follows:

1) Captured 85% of the Capital Market as per their Clients
2) Current Staff Size of 1900 members on the board through out India.
3) FTIL is an integrated solution suite enabling end-to-end straight through processing (STP).
This covers all stages of a trade life cycle: Pre Trade, Trade and Post Trade operations
deliver single point transaction fulfillment.
4) FTIL is a multitude of technology offerings to suit individual business needs of the client.
Project Management, Delivery Management, Market Category, Customer Category, Product
Category, Component Category.
5) Software: Current Area of Focus:
a. Front Office Trading Solution: - Equities, Derivatives, Forex, Commodities.
b. Back Office Solutions: - Equities, Derivatives, Forex.
c. Exchange Solutions: Equities, Derivatives, Commodities, Foreign Exchange.

6) Services: A) Current Area of Focus: Custom Development, Project Consulting, Network

Consulting, Shared Services. B) Future Area of Focus: System Integration , Development
Outsourcing
7) Lines of Business: Current – Capital Markets, Commodity Markets, Forex Markets. Future –
Asset Management, Investment Banking
8) Partners: DMCC – Dubai Multi Commodities Centre, NAFED – National Agricultural
Cooperative Marketing Federation of India Limited (MOU), OMGEO – Global STP Partner,
Intel – Global LOI for marketing FTIL’s end-to-end STP Solutions, Keystone – Extending
FTIL’s reach in APAC, Microsoft - .net Centre of Excellence.
9) Clients: Financial Institutes, Institutional Brokerage Houses, Retail Brokerage Houses,
Exchange Subsidiaries, Exchange, Brokers, Banks & Asset Management Companies,
Custodians, FX Direct. As names are given in the website of the clients
10) ODIN, TPIL (TPIL is a desktop product which gives online info about capital market, new
updates about stock market.)

For more Details log on to

Website: www.ftindia.com