JIGNESH SHAH: THE CZAR OF EXCHANGES

63 moons technologies limited, formerly FTIL, has made a mark in the field of technological innovations in financial markets and has been named as one of the most powerful and influential companies under the leadership of its founder Mr. Jignesh Shah. 

Climbing Mount Everest is the ultimate achievement for any climber, but when a company leaves a mark on its own without any support and writes a success story even after facing competition from well-established market players, it is nothing short of awe-inspiring.

63 moons is a global leader in providing next-generation technology innovations, platforms, and solutions for creating digital markets and marketplaces. The entry of 63 moons into the exchange space, under the mentorship of Mr. Jignesh Shah, brought competition that benefited the stakeholders enormously. 63 moons put up efficient alternatives virtually in every asset class that had a very positive impact on growth and productivity.

63 moons have been instrumental in creating and changing the landscape of various market segments and building global size and significance, all thanks to Mr. Jignesh Shah. Most of the market infrastructure that was created was in Greenfield ventures with 63 moons' vision of making each of these ventures into markets of national importance.

It is quite evident that the growth story of the erstwhile FTIL is about empowering people. As such, 63 moons have always emphasized on gainful economic opportunities for the youth and women.

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JIGNESH SHAH: IN PURSUIT OF INNOVATION AND PUBLIC GOOD

Talk about the innovations that have catapulted the Indian financial ecosystem to a zenith point, Jignesh Shah will be always be placed as the numero uno tech entrepreneur.  He not only created nationwide, efficient and transparent market places with the scientific price discovery process but also generated more than a million jobs in our economy.

Having the mettle to venture into the system when no other established players ‘wanted to the take the risk’, Jignesh Shah’s ventures not only brought in the much-needed transformation in the sector but also envisioned the Indian market at the epicenter of global markets by integrating it with the global exchanges.

A stellar example of value creation, his flagship company, 63 moons technologies limited or the former FTIL became the first major software product company in the country with leading proprietary products. The journey, which began with the launch of ODIN in 1995—a brokerage solution that helped the stock markets to spread across the nation—progressed with the set-up of nine multi-asset-class national and international exchanges, a national electronic payment service as well as a platform providing financial real-time content namely, MCX, MCX-SX, DGCX, IEX, BFX, SMX, Bourse Africa, Atom Technologies and Ticker plant.

And while doing so, 63 moons always promoted local talent and skills in the financial market because of its sheer belief in the power of the Indian enterprise. 63 moons have always focused on generating sustainable incomes and self-employment opportunities. The company’s model of ‘Social Business Entrepreneur’ has generated over a million jobs that have blended social interest with inclusive growth while assuring highest returns to the shareholders.

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