FINANCIAL TECHNOLOGIES (INDIA) LIMITED
72CORPORATE INFORMATION
Financial Technologies (India) Limited (www.ftindia.com) (NSE: FINANTECH, BSE: FINTECH), is a USD 1.84 billion (market capitalization as on 31st March, 2008), global leader in creating and operating technology centric, next generation financial markets that are transparent, efficient, and liquid, across multi asset class including equities, commodities, currency and bond among others.
Our markets transform lives of people by democratizing global trade and economy and propagating the benefits of 'price discovery', 'trade efficiency', 'risk hedging', and 'structured finance' to the masses. These benefits, in turn, create inclusive and equitable growth by unlocking value from the middle and bottom of the socio-economic pyramid.
This expertise in the area of financial markets uniquely positions Financial Technologies and helps create electronic, organized, and regulated financial markets for 'new asset class' and 'new investor class' that are either underserved or economically unviable to serve by traditional companies.
MANAGEMENT PROFILE
Group - Board and Advisory Board
Jignesh Shah, Founder, Chairman and Group CEO of the Financial Technologies Group
P. G. Kakodkar, Former Chairman of SBI
Narayanan Vaghul, Chairman of ICICI Bank
Dr. S. Narayan, Former Economic Advisor to PM
G. N. Bajpai, Former SEBI Chairman
K. Karnik, Former President of NASSCOM
Ang Swee Tian, Former President of SGX
Leo Melamed, Chairman Emeritus of CME
Myron Scholes, Chairman, Platinum Grove Asset Management; Nobel Laureate, Creator of Black-Scholes pricing model
David Yeow, Legal Advisor to SICOM
John Burbank, Founder of Passport Capital LLC
Financial Technologies Leadership Team
Jignesh Shah, Founder, Chairman and Group CEO
Dewang Neralla, Co-founder and Director of Technology
V. Hariharan, Director - Strategy
Manjay Shah, Director - Business Development
Paras Ajmera, Director - Operations and Human Resources
Arshad Khan, Director - Business Development - MENA
Shreekant Javalgekar, Director - Finance
Miten Mehta, Director - Communications and IR
Financial Technologies Group Leadership Team
Joseph Massey , MD & CEO, MCX
Anjani Sinha , MD & CEO, NSEL
Lamon Rutten , MCX
Anil Choudhary, MD & CEO,NBHC
Ganesh Rao, CEO, IBS-Forex
Framroze Pochara, Executive Director, SMX
Joseph Bosco , Deputy MD & COO, GBOT
Jayant Deo, MD & CEO, IEX
Ravishankar Natarajan, CEO. SNX
Subramanya Kusnur , MD & CEO, Riskraft
Jinesh Panchali , Head, FTKMC
Jignesh Shah - Profile
Jignesh Shah is the Founder, Chairman, and Group CEO of the Financial Technologies group, a US$ 1.84 billion conglomerate and a global leader in creating and operating technology-centric financial exchanges for stocks, commodities, currency, and bonds among other asset classes.
Mr. Shah is often credited as a ‘creator of modern financial markets' for his role in creating a successful public-private partnership (PPP) model for building world-class financial institutions in emerging economies. He founded Multi Commodity Exchange of India Ltd (MCX) in 2003 to create 'markets for the masses'. MCX is India's No. 1 commodity exchange and the 8th largest in the world. The global exchanges he has founded include the Dubai Gold and Commodities Exchange (DGCX) in association with the Government of Dubai, Global Board of Trade (GBOT) in Mauritius, and Singapore Mercantile Exchange (SMX) among others.
MCX's success in driving inclusive growth has inspired several countries and government entities such as, Dubai, Mauritius and Singapore, to partner with Financial Technologies to set up new exchanges. He is a recipient of the 'Ernst & Young Entrepreneur of the Year' award for Business Transformation. He has also been chosen by the World Economic Forum (WEF), Geneva, as the 'Young Global Leader' and has been presented with the 'Global Social Entrepreneur' award by Rotary International.
Mr. Shah is deeply passionate about the role of markets in corporate social responsibility activities. He has launched initiatives in association with 'India Post' to provide commodity information to Indian farmers for price transparency and risk hedging, and with Rotary International to empower economically-challenged communities with education and training.
As Vice-Chairman of Singapore Mercantile Exchange (SMX), Mr. Shah brings his entrepreneurial flair that will contribute to the growth of the Exchange. His view of Singapore is that of a country whose financial markets will be the 'epicenter of trade' from Asia with the world.
SNAPSHOT
- Innovator of modern financial markets in emerging economies
- Ernst & Young Business Transformation award
- Bringing markets to the Masses
- Passion for corporate social responsibility
- Founder of Multi Commodity Exchange of India (MCX),Dubai Gold and Commodities Exchange (DGCX), Global Board of Trade (GBOT), Indian Energy Exchange (IEX), Singapore Mercantile Exchange (SMX), and several other leading global financial exchanges.
PRODUCTS
Exchange Solutions
- DOMETM - No.1 in price/value proposition for integrated turnkey solutions for exchanges globally
- CNSTM - Industry leading Clearing and Settlement Solution
Brokerage Solutions
- ODINTM - No.1 brokerage solution with 90% market share that offers a complete front-office solution offering built-in order routing, risk management and display engine with real-time connectivity to the back-office system
- MatchTM - Multi-user, multi-exchange, multicurrency integrated back office accounting and settlement system
- DMA LIVE! - Next-generation technology innovation to provide unmatched price/value competitive advantage to India's institutional brokerage and buy side firms.
Network Solutions
- FTNET is a fully-managed, private network which provides hosted FIX protocol enabled solutions
Group Companies
Exchange Ventures
Financial Technologies has set up the following exchange ventures:
- MCX (www.mcxindia.com) : India's No. 1 multi-commodity futures exchange, ranked 8 in the world as per FIA
- SMX Singapore (www.smx.com.sg) : 1st International pan-Asian commodity derivatives exchange that will provide a single platform for multi-product trade between Asia and the world.
- IEX (www.iexindia.com) : 1st pan-India electronic spot exchange for electricity
- DGCX, Dubai (www.dgcx.ae) : No.1 international commodity and currency derivatives exchange in the Middle East
- GBOT Mauritius (www.gbot.mu) : A multi-asset class electronic exchange to serve as a gateway to the African continent
- IBS Forex (www.ibsfx.com) : India's leading interbank foreign exchange platform
- NSEL (www.nationalspotexchange.com) : India's No.1 electronic spot market for agriculture, metals and industrial commodities
- SNX (www.snxindia.com) : 1st pan-India electronic spot platform for perishable commodities
Ecosystem Ventures
Financial Technologies, ecosystem businesses complement and augment the exchange business through capturing value from all upstream and downstream transactions around exchanges.
- NBHC (www.nbhcindia.com): Depository business for facilitating structured credit (trade finance) against commodities from banks.
- TickerPlant Infovending (www.tickerplantindia.com) : An efficient platform for seamless ‘Information retailing' of all types of financial and business critical data
- atom technologies (www.atomtech.in) : Alternate payment channels to bridge the gap between online, offline and mobile world.
- Riskraft Consulting (www.riskraft.com): Providing solution architecture for financial risk management and data warehousing for banks and financial institutions.
- FT Knowledge Management Company Limited (www.ftkmc.com): Value creation through knowledge solutions in organized markets.
- FTME (www.ft-me.com): Leading technology enterprise delivering mission critical Straight-Through-Processing (STP) solutions.
- NMCE integrates FTILs ODIN for its Front-end Trading Technology
2009 - 3 weeks ago
- SMX gets In-principle regulatory clearance from MAS
2009 - 4 weeks ago
- Financial Technologies deploys MAIA’s Business Intelligence support software
2009 - 4 weeks ago
General Information
Website: http://www.ftindia.com
Incorporation year:1988
Category: Technology company in financial services domain
Stock Code
GDR listed at Luxembourg : FTIA, FTIS
Headquarter:
Corporate Office
6th Floor, Boston House,
Suren Road, Chakala, Andheri (East),
Mumbai 400 093, India.
T: + 91 22 67099600
F: + 91 22 67099066
E: mailto:investors@ftindia.com
Registered Office
1st Floor, Doshi Towers,
1A & B No.156, Periyar,
EVR Salai, Kilpauk,
Chennai - 600 010, India.
T: + 91 44 43950850
F: + 91 44 43950899/890
Employee Strength
3007 employees as on June 30, 2008
Investor Relations Contacts
Miten Mehta, Director - Communications and IR (miten.mehta@ftindia.com)
Shreekant Javalgekar, Director - Finance (shreekant.javalgekar@ftindia.com)
Vaishali Kariya, Sr VP - Investor Relations (vaishali.kariya@ftindia.com)
Investor Relations
IR Communiqué 1Q FY 08 - 09, Investor Relations
Annual Report
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