63 moons technologies, earlier known as Financial Technologies India Limited, created extensive ecosystem of institutions to support the financial markets in the form of separate subsidiaries for warehouse and collateral management, real-time information, mobile payment systems, which are all vital for the sustained growth of domestic financial markets.
The company, founded by tech innovator, Mr Jignesh Shah, has been instrumental in creating and changing the landscape of various market segments and building global size and significance. It is one of the rapidly growing innovative technology and exchange operator from India, which has achieved the unique distinction. 63 moons has revolutionized the way to interact with your clients by introducing ODIN Bot (Build operate transfer). ODIN Bot is an automated chat Bot which can respond to chat based queries which makes it more convenient for the concerned parties. It provides information like news, portfolio holdings, market price, ledger balance, last transactions and it also transacts into multiple systems to setup alerts, notifications, purchase, redeem, etc. 63 moons technologies is a global leader in providing next generation technology innovations, platform, solutions like ATOM which is Payment Gateway, for creating digital markets and marketplaces that enables price discovery and transaction efficiencies across the industry segments. Some of the technology benefits that 63 moons offers are: developed cost-effective technologies, low-cost real-time information dissemination, and innovative payment solutions. Under the leadership of Mr Jignesh Shah, who is now Chairman Emeritus of 63 moons, the company has always focussed on providing technology solutions, building user-friendly platforms, and creating digital marketplaces in India and abroad, thus taking India to the international markets. The company is a world leader in providing next generation technology ventures, innovations, platforms and solutions for creating digital markets and marketplace that enables transaction efficiencies across industry segments. The entry of 63 moons into the exchange space brought competition that benefitted the stakeholders enormously. 63 moons put up efficient alternatives that had very positive impact on growth and productivity. 63 moons technologies developed a strong connect with physical markets and real economy. It brought about 360-degree financial market development covering equities, bonds, currencies and commodities with extensive ecosystem to provide support of information, payment and settlement solutions, knowledge management and financial literacy and education. To read more :- Jignesh shah an nstitution builder
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63 moons technologies limited, formerly known as FTIL, is creditable in terms of bringing the much-needed transformation in the exchange markets. 63 moons main vision is innovation, which helps the Indian financial market in many ways. All its innovations have been guided by the spirited thought of its founder and now Chairman Emeritus, Mr Jignesh Shah, that if a corporate entity does not involve at least a 100-crore people in a land of 125 crore, its presence and growth has little significance. It is worth noting that even that there were several billion-dollar companies in the exchange markets that did not impact the masses the way they should. This idea of innovation & growth has been the main philosophy of 63 moons which helped it to attain the niche position in the market full of competition. All its ventures are successful & enjoy a reputable position in the market. It’s 63 moons technologies’ stellar contribution that positioned India among the top in the world in financial markets infrastructure business. 63 moons’ focus has always been towards providing technology solutions, building user-friendly platforms, and creating digital marketplaces in India and abroad, thus taking India to the international markets. Also, in a very short span of time, 63 moons through its inventive planning and innovative product range, emerged as a leading financial market infrastructure group in India. All the exchanges and ecosystem ventures developed by the 63 moons group are India-centric with all operations conducted by Indians in India with the benefits flowing to India. Exchanges and ecosystem ventures of the 63 moons group have been revenue generating and employment intensive. 63 moons technologies limited envisions to be a global digital ecology enabling growth, knowledge, wisdom, change through technology innovation and disruption across business verticals, leveraging and building on our existing IPRs and partnering with ideas that will use and optimise our Intellectual Property Rights (IPRs). All the exchanges and ecosystem ventures developed by the 63 moons group are India-centric with all operations conducted by Indians in India with the benefits flowing to India. Exchanges and ecosystem ventures of the 63 moons group have been revenue generating and employment intensive. 63 moons have always believed in empowering India with the presence of robust markets systems and simultaneously aimed at creating more skills and jobs. All his ventures created more than a million job opportunities and generated massive revenue for the nation which is a big achievement. To read more :- Driven by Innovation 63 moons tech 63 moons technologies limited 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 created new standards in financial innovations. Despite being in the private sector, the company contributed significantly to the growth of public capital markets. It is 63 moons that took India to the international level regarding 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 a sustainable livelihood.
Agencies, authorities, regulators and other development institutions from various countries used to visit 63 moons to know and learn how it carved such a tremendous success story of sustainable financial market infrastructure. For the kind of contributions that tech innovator JigneshShah 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. Established in 1995, 63 moons technologies is a first-generation enterprise that created new standards and benchmarks for financial markets in the country. The company also offers technology solutions and domain expertise for digital transactions and financial markets across all asset classes. Its formation led to a phenomenal technological innovation in Intellectual Property (IP) and helped propel trade on next-generation financial markets including equities, commodities, electricity, currencies and bonds, among others. Projecting technology as its core strength, 63 moons has always created new standards in financial innovations. Despite being a private sector company, it has contributed significantly to the growth of public capital markets. It served a catalytic role in creating digital marketplaces thus enabling India to compete with global markets. Jignesh Shah created a successful Public-Private Partnership (PPP) model to build world-class financial institutions. Truly regarded as the 'Innovator of Modern Financial Markets', Jignesh Shah created modern IP-centric financial markets which have been helpful in changing the contours of exchange trading in India and emerging economies from Africa to Asia. As the Chairman Emeritus of 63 moons tech, he is looked up to as the mentor by young entrepreneurs of the country. Hats off to him for bringing the path breaking innovations in the fintech space that altered the face of Indian markets. To read more :- 63moons management optimistic A close look at the indigenous fintech market and 63 moons technologies find a special place. The company has played a crucial role in defining the Indian financial sector to its current state and position. This fact can be substantiated by the gamut of products the company has rolled out in no time, provided a fillip to innovation in markets and its growth.
One of the finest products that 63 moons has launched in the Indian financial sector is ODIN, a platform that is used by brokers as a trading terminal. Needless to say, the company’s flagship programme has revolutionised the way brokerage services are offered and trading takes place in the Indian markets. So much so that in a short span of time post its launch, ODIN has been able to corner more than 80% of exchange solutions market share and is growing manifold. Abiding by company’s efforts to innovate, coupled with unmatched success, ODIN Bot (Build operate transfer) was introduced to the existing platform. The invention was added to disrupt the way people are transacting in futures. Equipped with an automated chat bot that responds to chat-based queries, the platform is even more user-friendly. The chat bot can work consistently and continuously without break. The clients can use chat language with short words and unstructured sentences, as if interacting with a human agent. All in all, the feature eliminates users’ dependency on customer care executives, thereby saving time and cost. Adding on to the features, the cloud-based app uses AI, natural language processing and machine learning to provide a plethora of information such as market news, portfolio holdings, information on transactions to name a few. What’s more, the platform provides consistency with no down time. It is available across platforms such as Twitter, FB Messenger, Skype or Telegram and even on client’s own business application. The system is self-learning and becomes more enriched over time with the increase in the number of queries. The platform can integrate with multiple sources at the back end via APIs, to provide any sort of business relevant information. Needless to say, the platform with its new features is creating a massive social impact that has resulted in a massive financial inclusion in the Indian scenario. To read more :- Sebi issues show-cause |
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