Friday 18 May 2018

A universe of institutions created with vision and foresight

The 63 moons technologies Group, earlier known as FTIL, put India on the world map of global financial markets. The universe of institutions created by this Group formed a 360-degree financial market infrastructure that was necer visualised or attempted in India any time in the past.

This lead to the development of financial markets across equities, bonds, currencies, commodities, electricity with an extensive ecosystem to provide support of information, payment and settlement solutions, and so on.
The Group established new market segments and pioneered growth of several market segments in India, all of which have added tremendous value to India’s economy and finance.  It brought in efficiencies in practices and processes on a proactive basis that have greatly benefited the financial markets industry and investors.

63 moons developed globally benchmarked hedging products that enabled corporates and SMEs to protect themselves from price risk and volatility. It built efficient trading platforms for price discovery and processes for risk management, settlement and payment systems. The Group initiated and executed development of the extensive financial markets infrastructure with a vision to make India a major international financial centre.

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