63 Moons Technologies Explained

Former Name:Financial Technologies (India) Limited
Type:Public company
Traded As:
Key People:S Rajendran, Managing Director and CEO
Venkat Chary, Chairman[1]
Industry:Computer services on finance/banking[2]
Products:Software
Revenue:[3]
Revenue Year:March 2017
Num Employees:857[4]
Num Employees Year:December 2016
63 moons technologies
Foundation:12 April 1988[5]
Location:Mumbai, India

63 Moons Technologies Limited (stylised as 63 moons technologies), formerly Financial Technologies (India) Limited until 2016,[6] [7] [8] is an Indian company which provides technology ventures, financial platforms and solutions for creating digital markets and marketplaces. It is headquartered in Mumbai, India. It was formed in 1988[9] and funded by Jignesh Shah.[10] The company offers technology intellectual property to create and trade on financial markets.[11] It had its first IPO in 1995. The company introduced its first commodity derivatives trading platform, the Multi Commodity Exchange (MCX) in 2003.[12] FTIL has divested of its domestic and international ventures.[13]

Operations

Atom Technologies

Atom Technologies Ltd. is a digital payment service providers, offering payment collection facilities over Internet, IVR, Mobile App and Point of Sale using credit, debit, net banking, cash cards and IMPS.[14] FTIL divested a controlling stake to NTT Data Corporation in late 2018.[15]

TickerPlant

TickerPlant 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, TickerPlant provides IT-enabled services.[16] The global financial content provider has also launched its own cryptocurrency super application called CryptoWire.[17] [18]

The company launched many domestic and international ventures. It owned several subsidiaries that included National Bulk Handling Corporation (NHBC),[19] Multi Commodity Exchange (MCX), Dubai Gold & Commodities Exchange (DGCX),[20] Indian Energy Exchange (IEX),[21] MCX Stock Exchange (MCX-SX),[22] DOME, Risk Solutions,[23] Singapore Mercantile Exchange (SMX)[24] and Bourse Africa.[25] ODIN, the flagship product of the company, was used for trading in securities and commodities.[26] In October, 2010, Financial Technologies (India) launched Global Board Of Trade (GBOT), an international multi–asset exchange in Mauritius.[27] In February 2011, Financial Technologies launched Bahrain Financial Exchange (BFX), the first multi–asset exchange in the Middle East and North Africa.[28]

63 SATS

63 SATS is a cybersecurity arm of the company which operates a centralised information security operations center (SOC) on a decentralized network protocol.[29] The new division founded in 2023-24 is advised by Yigal Unna, Former Director General of the Israeli National Cyber Directorate.[30]

Awards

See also

Further reading

Notes and References

  1. http://www.ftindia.com/investors/corporategovernance/bod.htm Board of Directors
  2. Web site: 63 Moons Technologies Ltd. Stock Price, Share Price, Live BSE/NSE, 63 Moons Technologies Ltd. Bids Offers. Buy/Sell 63 Moons Technologies Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes. www.moneycontrol.com.
  3. Web site: BSE Plus . Bseindia.com . 25 September 2010.
  4. Web site: 63 moons | Jignesh Shah's foremost contribution to the Financial Sector. www.63moons.com.
  5. Web site: 63 Moons Technologies - Company Info - History. 2022-01-04. The Economic Times.
  6. Web site: 2015-08-19. Financial Technologies renames itself as 63 Moons Technologies. 2022-01-04. The Financial Express. en.
  7. Web site: Rukhaiyar. Ashish. 2015-08-19. Financial Technologies changes name to 63 Moons. 2022-01-04. mint. en.
  8. News: 2016-05-27. ROC approves Financial Technologies name change to 63 Moons Technologies. The Economic Times. 2022-01-04.
  9. News: Financial Technologies changes name to 63 Moons. Rukhaiyar. Ashish. 2015-08-19.
  10. Web site: Saritha Rai . Jignesh Shah: After Phenomenal 15-year Run, MCX Founder Loses Commodities Empire . Forbes . 20 December 2022 . en . 24 September 2014.
  11. News: 63 Moons Technologies Ltd.. Business Standard India.
  12. Web site: The amazing story of Jignesh Shah and MCX. www.rediff.com.
  13. News: Jignesh Shah Resigns as FTIL MD, to Become Chairman Emeritus.
  14. News: Japan's NTT Data buys 55% stake in Atom Tech for $9 million.
  15. News: Correspondent . Special . 2018-11-27 . NTT Data buys 55.35% in Atom . 2024-05-11 . The Hindu . en-IN . 0971-751X.
  16. News: The great enabler - Jignesh Shah.
  17. Web site: SHAH. PALAK. Jignesh Shah's 63Moons announces a comeback with Blockchain, cryptocurrency foray. 2021-12-17. @businessline. 6 December 2021 . en.
  18. Web site: 2021-12-13. TickerPlant launches cryptocurrency super app CryptoWire: All you need to know. 2021-12-17. cnbctv18.com. en.
  19. News: FTIL completes sale of NBHC stake to IVF for Rs 241.74 crore.
  20. News: 63 Moons Technologies Ltd..
  21. News: IEX to transform electricity trade in India.
  22. News: Financial Technologies-promoted MCX to exit 3 exchange ventures.
  23. News: Risk Management Solutions for Banks.
  24. News: FTIL to launch bourses in Singapore, Bahrain, Mauritius in 2010.
  25. News: Financial Technologies Acquires 60% Stake In Bourse Africa.
  26. News: 63 Moons Technologies Ltd..
  27. News: Global Board of Trade Ltd (GBOT) Formally Launched by the Prime Minister of the Republic of Mauritius Today.
  28. News: Financial Technologies launches Bahrain Financial Exchange; BFX to go live from 7th February.
  29. Web site: Bureau . Our . 2024-02-21 . 63 moons forays into cybersecurity, ties up with 10 global IT firms . 2024-05-11 . BusinessLine . en.
  30. News: Bureau . The Hindu . 2024-02-21 . Jignesh Shah places next bet on cybersecurity . 2024-05-11 . The Hindu . en-IN . 0971-751X.
  31. News: 63 Moons Technologies Ltd. .
  32. Web site: Data Security Council of India (DSCI) . 2024-03-02 . www.dsci.in.
  33. Web site: 2011-08-23 . Financial Tech wins 'Golden Peacock HR Excellence Award' 2011 . 2024-03-02 . BusinessLine . en.
  34. Web site: 2019-05-28 . Untold story of NSEL: Who were the real culprits behind the crisis? . 2024-06-15 . Financialexpress . en.

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