Financial Technologies Group

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Financial Technologies Group
Type Public company
Traded as BSEFINTECH
NSEFINANTECH
Industry Computer services on finance/banking[1]
Founded 1988
Headquarters Chennai, India[2]
Key people Jignesh Shah, Chairman and Group CEO[3]
Products Stock exchange
Revenue INR6.18 billion (US$100 million) (2010)[4]
Employees 1100 as of 31 March 2012[2]
Website www.ftindia.com

Financial Technologies (India) Limited is an Indian financial services company, formed in 1988. It is promoted by the Financial Technologies Group. The group offers technology IP (Intellectual Property) to create and trade on next-generation financial markets, across asset classes including equities, commodities, currencies and bonds among others.[2]

Evolution[edit]

The company commenced operations in 1988 starting of with the development of technology products that served to connect the financial markets. Financial Technologies Group was founded by Jignesh Shah.[5] It had its first IPO in 1995. The company's foray into the exchange business was established when it introduced India's first derivatives trading platform. It went on to establishing similar exchanges connecting fast growing economies.

Products[edit]

The group has three business divisions comprising ten Exchange Ventures, six Ecosystem Ventures, and multiple technology offerings. It operates one of the world's network of exchanges connecting financial markets of fast-growing economies of Africa, Middle East, India and South East Asia.

Subsidiaries[edit]

  • Atom Technologies , a Mumbai company offering payment processing systems.[6]

Departments[edit]

  • Enterprise Solutions Group, a consulting initiative of FT. Established in 2000, the objective of ESG is to maximize the organization's gain from its IT investments.

Industries served By ESG are Banking, Financial Services, Insurance, Telecom, Software Companies, Corporate, Government, Public Sector

See also[edit]

References[edit]

  1. ^ Type
  2. ^ a b c Investor FAQ
  3. ^ [1]
  4. ^ "BSE Plus". Bseindia.com. Retrieved 25 September 2010. 
  5. ^ "Financial Tech to set up exchange in Mauritius". Business Standard. 30 November 2006. Retrieved 29 April 2009. 
  6. ^ [2][dead link]

External links[edit]