Jignesh Shah- a technology evangelist

Jignesh Shah, a go-getter, always knew what he wanted unlike many who lead a good but aimless life. He knew he wanted to do engineering and he did. He knew he wanted to set up his own business and he did. He knew he wanted to do something game-changing in the Indian fintech sector and he did. Jignesh Shah was a visionary who thought ahead of his time. With the dream to make India the finest commodity trading hub, he set out on a road less traveled. His tremendous qualities are his ability to be customer and quality focus, down to the minutest of detail.

He could make anything a commercial success. He started off as an aspiring entrepreneur and became a business magnate in the Indian ecosystem. Shah’s spectacular rise seems nothing less than a Bollywood movie script. A few names to his credit are Multi Commodity Exchange (MCX) to Dubai Gold & Commodities Exchange (DGCX), Bourse Africa, Indian Energy Exchange (IEX), to Bahrain Financial Exchange (BFX), and Singapore Mercantile Exchange (SMX). The list is never-ending.

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Phenomenal Achievements of 63 moons Technologies

Jignesh Shah is a pioneer of FinTech innovations. His company is credited with introducing end-to-end solutions that support high-density transactions in the Indian financial markets. He set up FTIL in 1995 to provide technology solutions and domain expertise for digital transactions and financial markets across all asset classes. FTIL's conceptualization led to a brilliant technological innovation in Intellectual Property (IP) and helped propel trade on next-generation financial markets including equities, commodities, electricity, currencies, and bonds, among others through 63 Moons Technologies.

Jignesh Shah launched the Multi Commodity Exchange (MCX), India's premier commodity derivatives exchange that became the second largest commodities exchange in the world in a short span of 10 years.

At MCX, Shah used ODIN, a financial market trading product that he had conceptualized and created and Odin went on to capture the second largest market share in Trading Terminal segment globally. His Indian Energy Exchange (IEX) was India's No.1 electricity exchange and a leader among world energy exchanges. Shah created similar wonders when the group’s National Bulk Handling Corporation (NBHC) became India's No.1 private sector warehouse management company as well as a leader in Asia.

The SMX, DGCX, BFX and Bourse Africa, the international exchange ventures set up by the group in Singapore, Dubai, Bahrain and Africa respectively, became leading exchanges in Asia, Africa, and the Middle East.

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63 moons – Cutting- edge technology solutions

The exchanges and ventures created by Jignesh Shah of 63 moons technologies Group were highly competitive in global markets and were leaders in many of their segments thus bringing huge benefits to stakeholders. Not seen in many countries, Jignesh Shah created a vast expanse of ecosystem ventures to support the exchanges that enabled them to pursue growth and expansion within a short time.

Atom Technologies –

A pioneering idea that FTIL introduced to develop mobile payment solutions well before any of the digital payments began to take shape.

National Bulk Handling Corp-

A nationwide system of warehousing and collateral management with warehouse receipt financing and participation of banks.

Ticker Plant -

Customized real-time solutions to trading and business community with cost-effective data analytics.

Financial Technologies Knowledge Management Co.  -

A dedicated knowledge management facility to develop and disseminate domain knowledge and related expertise across various asset classes traded. Financial education and literacy and skill-set enhancement were one of the main thrust areas of FTIL.

All these massive institutions created by Jignesh Shah are of global standards in operations, scale, and significance and encouraged public financial institutions to be stakeholders.

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Mr. Jignesh Shah, a visionary ahead of his time

Mr. Jignesh Shah began with creating a digital platform for trading purposes, known as 63 moons technologies and thereafter he kept on setting up new entities in India as well as abroad, giving competition to the likes. The list of his achievements and recognition is never-ending. FTIL, MCX, IEX, DGX names which could give shudders to National STOCK Exchange.

The 63 moons group has extended the scope of competition in Indian financial markets, thereby contributing to efficiency. In an otherwise dormant and stagnant market, the innovations by the group promoted ventures expanded the depth and spread of the financial market's ecosystem leading to financial inclusion and last mile connectivity to the end users who otherwise were not a part of the mainstream financial markets.

The competition posed by the group has led to market efficiency, rapid market growth, expansion of new markets, technology innovations, product innovations, rural and retail participation, and easy access to the markets. The group has played a definitive role in democratizing the markets for the masses by bringing in transparency and efficiency.

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