Monday, 31 December 2018

A true ‘Make In India’ story that generated a millions jobs


63 moons technologies limited is a true ‘Make In India’ story that generated a millions jobs, incomes and crores of sustainable livelihoods through tech-innovative entrepreneurship. The company, formerly known as FTIL, brought a change in the brokerage technology solutions by introducing the cutting-edge ‘ODIN’ solution that revolutionized the Indian financial markets. Brokerage Technology Solutions is the pioneer in providing end-to-end solutions for Brokers in Indian as well as in International Markets. Brokerage Technology Solutions suite comprises Front Office, Middle Office, Back Office Clearing, Settlement, Accounting and Messaging Solutions. Exchanges and ecosystem ventures of the 63 moons group have been revenue generating and employment intensive.


63 moons has always been very keen on the changing trends in the financial markets and has always made sure to keep a track and successful implementation of the same to succeed in the long run. ODIN is result of the same thought process and is successful even today and enjoys a great market share.


When the nation just started getting into online financial trading systems, 63 moons pioneered the finest trading system ODIN for the country. This was one of the great innovation so far and this innovation was a cost-effective brokerage technology solution that enabled trading of securities in India. ODIN has the distinction of being the No 1 trading software with over 80% of market share.


ODIN has also opened up various APIs to support real-time integration with 3rd party products for Order Management System / Back-Office / Middle-Office / News & Analytics / Charting Tools / Client Risk Management / Portfolio Management System, etc. and is now looking at Open Architecture-based design to provide modular expandability with similar designs.


63 moons is credited in terms of bringing the much needed transformation in the exchange markets. 63 moons main vision is innovation, which helps the Indian financial market in many ways.

63 moons have always found solutions that not only empowered market systems, but which also contributed to product innovation, skill development, job creation, and generation of sustainable incomes for one and all, especially small investors and stakeholders in semi-urban and rural areas.
 The vision materialized into world-class institutions that were built by competitive leadership and an effective management team. 63 moons changed the dynamics of the Indian financial markets by enabling trade routes within India through trading technology for financial exchanges. Some of the technology benefits that 63 moons offers are: developed cost-effective technologies, low-cost real-time information dissemination, and innovative payment solutions.

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