Financial Technologies (India) (FTIL) was established in 1988. It is a flagship company of the Financial Technologies Group. Financial Technologies (India) is a large exchange and ecosystem network of 10 exchanges and 5 ecosystem spanning Africa to Asia across multi asset including commodities, currencies, energy and equity.
The company's flagship product ODIN is used for trading in securities and commodities and accounts for 80% of market share in India. It has an installed base of 3,20,000 trading licenses.
Another product DOME is an exchange solution that been implemented on dominant exchanges like Multi Commodity Exchange (MCX), Dubai Gold & Commodities Exchange (DGCX), Safal National Exchange (SNX), Global Board of Trade, Mauritius (GBOT) and others.
In October, 2010, Financial Technologies (India), has launched an international multi-asset exchange Global Board Of Trade (GBOT) in Mauritius.
In February 2011, The first multi-asset exchange in the Middle East and North Africa owned by Financial Technologies - The Bahrain Financial Exchange (BFX), officially launched its operations in Bahrain.
Business
Exchange Ventures
It creates exchange networks for transparency in financial markets in Africa, Middle East, Central Asia, India, China and other Asian countries. It is a network provider for MCX, IBSFOREX, GBOT, SMX and DGCX, among others.
Ecosystem ventures
The ecosystem business complements the exchange business by capturing value of all upstream and downstream transactions around the exchanges.
Awards
Financial Technologies was awarded Amity Corporate Excellence Award
It won IT People award for Product Innovation; Exchange and Brokerage Products.
It was received Gurjar Ratna Award.
Financial Technologies was awarded Ernst & Young Entrepreneur of the Year 2006 Award for business transformation.
February 2007, Financial Technologies was presented with the award by Amity International Business School during the 9th Annual International Business Summit and Research Conference.
Financial Technologies Group Company MCX won the award during the global SMEs summit on empowering SME sector for better prospects conducted by IITC and SME Centre of India on February 22, 2007.
In July 2011, Financial Technologies (India) won the ‘DSCI Excellence Awards 2011’ in Security in IT Services - SME category
On August 2011, Financial Technologies (India) won the prestigious ‘Golden Peacock HR Excellence Award’ for the year 2011.
- Financial Technologies (India) Limited (FTIL) won the prestigious ‘Golden Peacock HR Excellence Award’ for the year 2011.
- Financial Technologies (India) Limited (FTIL) won the ‘DSCI Excellence Awards 2011’ in Security in IT Services - SME category, the award was presented by Shri. Sachin Pilot, Honorable Minister of State, Ministry of Communications & Information Technology.
- FTIL was featured in FinTech 100 Rankings 2011 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights.
2012
- FTIL stood at # 89 in American Bankers FINTECH 100 Rankings 2012 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights.
2013
- FTIL featured in FinTech 100 Rankings 2013 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights."