- Jignesh Shah flashed like a blazing meteor across the Indian financial sector with the establishment of Financial Technologies (India) Limited (FTIL) in 1995.
- This young entrepreneurenvisioned the Indian economy to be at par with major global powers.
- He aimed at modernizing the commodities trading market in India and created novel institutional forces, such as the MCX (Asia’s second largest) and the National Stock Exchange (NSEL).
- JigneshShah, often called the ‘Czar of Exchanges’, lifted FTIL to the apex of success.
- FTIL became the ‘powered by’ engine of choice for over 90% of India’s trading-platform deals.
- The FT Groupadded speed and volume to trading, leaving behind international competitors like IBM, TCS, Compaq and Teknekron.