With a new wave of economic liberalization, India began to emerge as brand equity for global outsourcing. This had a major impact on the Indian stock markets which started to emerge as corporate entities, transgressing the closed confines of broker-dominated exchanges. It was during this time that the ground-breaking role of Financial Technologies (India) Limited (FTIL) was exhibited.
Backed by the proficient leadership of Jignesh Shah, BE (Electronics),Dewang Neralla, BE (Computer Science) and Ghanshyam Rohira, BE (Computer Science), the company revolutionized the trading technology in India. With an ardent desire to place India on the map of the global capital markets, Jignesh Shah, along with the other members leveraged the skills they earned as engineers and launched a cutting-edge trading technology. Using this technology, the brokers could trade multiple products in different exchanges using just one desktop.
It revolutionized the trading technology in India where it was courted by virtually every exchange, broker, sub-broker, and market intermediary. In the securities industry, “ODIN” was the trading solution desired by everyone. With the help of FTIL, it was made affordable to thousands of broking firms, small and big, individual and corporate, across the country.
The concepts of robustness, superlative quality and cost effectiveness were effectively infused in the trading technology developed by FTIL. Owing to its high-tech features, it emerged as the market leader (Number 1 in India and Number 2 in the world) in trading technology. The company continues to hold the position from the past 15 years.
The trading technology developed by FTIL has been of great help to the Indian stock markets, making them expand their operation across the country and gaining access to millions of investors and institutions. It has played a pivotal role in establishing India on the economic forefront.