63 Moons Technologies

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63 moons technologies
FormerlyFinancial Technologies (India) Limited
Company typePublic company
BSE:  526881
NSE:  63MOONS
Industry Computer services on finance/banking [1]
Founded12 April 1988 [2]
Headquarters Mumbai, India
Key people
S Rajendran, Managing Director and CEO
Venkat Chary, Chairman [3]
Products Software
Revenue4.926 billion (US$59 million) [4]  (March 2017)
Number of employees
857 [5]  (December 2016)
Website www.63moons.com

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 solutions to financial platforms and supports the creation of digital marketplaces.

Contents

History

It is headquartered in Mumbai, India and was founded in 1988 by Jignesh Shah. [9] [10] The company offers technology-based 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,[ citation needed ] 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] [30] The new division founded in 2023-24 is advised by Yigal Unna, Former Director General of the Israeli National Cyber Directorate. [31]

Awards

See also

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References

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  27. "Global Board of Trade Ltd (GBOT) Formally Launched by the Prime Minister of the Republic of Mauritius Today".
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  29. Mishra, Arushi (28 May 2024). "63 Moons Technologies announces new tech initiatives". The Hindu Business Line . Retrieved 30 September 2024.
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  32. Jain, Ankur; Kakani, Ram Kumar (5 December 2009), Applying Population Dynamics Theory on Entrepreneurial Survival Strategy: Case of Financial Technologies and its Promoter (SSRN Scholarly Paper), Rochester, NY, doi:10.2139/ssrn.1538222, SSRN   1538222 , retrieved 2 March 2024{{citation}}: CS1 maint: location missing publisher (link)
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Further reading