Fintech company, 63 moons, is a first-generation enterprise that created new standards and benchmarks on the potential and possibility of financial markets development. With technology as its core strength, 63 moons has always created new standards in financial innovations.
Despite 63 moons being in the private sector, it has contributed significantly to the growth of public capital markets. It is 63 moons that took India to the international level in regard to exchange operations in major segments, such as commodities, currencies and energy. A nationwide study by a leading research institution, Tata Institute of Social Sciences (TISS), described MCX, one of the erstwhile Financial Technologies group companies, in one catch line: "A Million Jobs and a Million More Opportunities". The group has created millions of new stakeholders in the financial system, giving opportunities to earn, grow and seek sustainable livelihood. Agencies, authorities, regulators and other development institutions from various countries used to visit 63 moons to know and learn how it was able to create such a success story of sustainable financial market infrastructure. For the kind of contributions that Jignesh Shah has made in the fintech space, the countries were keen to partner with his Group to replicate its success in India, in their respective countries.
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While the world today is increasingly turning towards e-commerce, it was more than a decade ago that 63 moons technologies India Limited, then known as Financial Technologies India Ltd, had taken the Exchange markets by storm with its various tech-innovations.
63 moons introduced some revolutionary products in categories such as Exchange Solutions, Brokerage Solutions, Messaging Solutions, Connectivity Solutions, Consulting Solutions and Banking Risk Solutions. All the years, the company has transformed the landscape of Indian financial markets in less than a decade and realised its ‘Make in India’ dream by taking Indian innovations to global standards in terms of operations, scale and size. As a company, 63 moons has always emphasised on the importance of an ecosystem where all stakeholders are able to gain from the markets. A series of ecosystem ventures started by 63 moons to support the exchange system included real-time information (Ticker Plant), payment solutions (Atom) and knowledge management (FTKMC) among others. It’s 63 moons technologies’ stellar contribution that has positioned India among the top in the world of financial markets. Exchanges and ecosystem ventures of the 63 moons group have been revenue generating and employment intensive. It was more than a decade ago when 63 moons technologies, formerly known as Financial Technologies India Limited, had taken the exchange markets by storm with its various tech-based innovations at a time when world was turning towards e-commerce.
63 moons transformed the landscape of the Indian financial markets in less than a decade and realised its dream of ‘Make in India’ by taking Indian innovations to global standards, in terms of operations, scale and size. It was way back when 63 moons actually adopted and implemented ‘Make in India’ a new vision of honourable prime minister even before its conceptualisation. Whatever 63 moons has done till date, it’s only for the people of India, be it jobs or its different services for the society or its much celebrated technically innovative products like ODIN. 63 moons has always believed in empowering India with the presence of robust markets systems and simultaneously aimed at creating more jobs. All his ventures created more than a million job opportunities and generated massive revenue for the nation which is a big achievement. |
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September 2020
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