63 moons focused on to pursue growth of people-centric and inclusive markets. Keeping in mind the innovation, it designed and developed ODIN, the trading solution, which emerged as the largest with a market share of over 80 percent against stiff competition from national and international companies such as TCS, CMS, which is quite commendable.
There are over 800 clients using more than 25 lakh ODIN licenses on five lakh terminals, and in turn effectively 10 lakh jobs, in stock exchanges and commodity exchanges and other areas, and 200+ vendors/creditors. ODIN continues to be the leader which speaks a great deal about the trust and confidence it commands amongst its customers. 63 Moons Technologies pioneered the concept of electronic and mobile payments that later emerged as a standard for e-commerce and an important step for building Digital India. Atom provides the best transaction success rate in the industry. It was set up with a vision to create more convenient ways to transact and avail of financial services. Read More - Fintech innovations that were way ahead of its times
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63 moons technologies, a global fintech company, invented products and services that catered to every aspect of exchange operations, giving 360 degree solutions to market ecosystems. All the ventures of 63 moons technologies developed under intense competitive conditions to emerge as market leaders such as ODIN in multi-asset class trading platforms, faced competition from domestic as well as from international companies and yet emerged as the market leaders.
63 moons technologies contributed to taxes and government revenues from the very beginning. None of the businesses of 63 moons enjoyed any tax exemptions. In addition, the exponential growth in financial markets trading that its technology helped has contributed to enhanced income to the exchequer in the form of taxes and stamp duties. The practices and standards that the Group set and product innovation that it achieved have become benchmarks for the competitors to follow. The philosophy of developing an ecosystem that supports and strengthens the financial market activity is the principle in which the business is created and developed. Real-time information, payment solutions and knowledge management companies completed the value chain of the ecosystem. Every project that was set up achieved enormous success against stiff competition from long and established players. Read More - How 63 moons technologies added value to the economy! The 63 moons technologies Group designed and developed cost-effective and customised real-time information and data analytics to meet the emerging requirements of small businesses to big corporates. It also developed electronic payment platforms and solutions that became a basis for the growth of e-Commerce and mobile payment systems. As a leading tech giant, 63 moons empowered companies to procure power on competitive rates through open access to exchange trading, thereby reducing dependency on expensive, single-source boards.
The company also established domain knowledge solutions across all the major market segments and conducted professional courses and programmes, certification examinations and skill tests. It the first exchange group in India in the private sector to sign up for Right to Information Act. The brand equity of 63 moons technologies in creating powerful markets with deep liquidity pools had been such a trademark that in its international ventures and endeavours, governments in different countries agreed to lend the name of the country, which is rare for ventures to receive. The Singapore Mercantile Exchange which was later bought by the Intercontinental Exchange Group is a testimony to this. And so is the Dubai Gold and Commodities Exchange which was one of the first joint ventures that the Government of UAE entered into with a private sector entity from another country. Similarly, Bahrain lent its name to the financial exchange promoted by 63 moons to bring innovations in trading of Islamic financial products. The greenfield ventures were acquired by the world’s who’s who in financial markets. |
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September 2020
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