type public company traded as bse fintech nse finantech industry computer services on finance banking 1 founded 1988 headquarters chennai india 2 key people jignesh shah chairman and group ceo 3 products stock exchange revenue 6.18 billion us 92 million 2010 4 number of employees 1100 as of 31 march 2012 2 website www.ftindia.com financial technologies india limited ftil is an indian financial services company formed in 1988 . it is promoted by the financial technologies group . jignesh shah is founder of the ft group which went on to democratize and revolutionize commodity exchanges in india singapore dubai and africa . 5 the group offers technology ip intellectual property to create and trade on financial markets across asset classes including equities commodities currencies and bonds among others . 2 contents 1 evolution 2 about jignesh shah 3 products 4 nsel case 5 subsidiaries 6 departments 7 ftil smx stake 8 see also 9 references 10 external links evolution edit the company commenced operations in 1988 starting off with the development of technology products that served to connect the financial markets . financial technologies group was founded by jignesh shah . 6 it had its first ipo in 1995 . the company s foray into the exchange business was established when it introduced india s first derivatives trading platform . it went on to establishing similar exchanges connecting fast growing economies . about jignesh shah edit jignesh shah is an electrical engineer turned entrepreneur whose efforts are considered as pioneer of make in india campaign . while working at bombay stock exchange shah traveled extensively to learn how stock exchanges work around the world . post that he launched financial technologies group . another one of jignesh shah s achievements as a contribution to nation s business growth is the multi commodity exchange mcx which has evolved into a giant trading platform . 7 lately shah has been working towards promoting innovative technology and has spearheaded the launch of js innovations labs which has been envisioned to compete with several world renowned labs . shah is currently chairman emeritus of financial technologies group he resigned from ftil managing director on november 20 2014 . products edit the group has three business divisions comprising ten exchange ventures six ecosystem ventures and multiple technology offerings . it operates one of the world s network of exchanges connecting financial markets of fast growing economies of africa middle east india and south east asia . nsel case edit main article nsel case the neutrality of this section is disputed . relevant discussion may be found on the talk page . please do not remove this message until conditions to do so are met . april 2016 learn how and when to remove this template message ftil was held not fit and proper by the forward market commission and its role in its 99.999 % subsidiary nsel national spot exchange ltd was questioned . the union of india even moved a petition in company law board to replace the directors of ftil with government nominees . subsidiaries edit atom technologies a mumbai company offering payment processing systems . 8 ticker plant real time data streaming of financial exchange domestic and international such as equities commodities forex money markets and fixed income . financial content provider in financial information industry . 9 departments edit enterprise solutions group a consulting initiative of ft. established in 2000 the objective of esg is to maximize the organization s gain from its it investments . industries served by esg are banking financial services insurance telecom software companies corporate government public sector ftil smx stake edit in the year 2013 shares of financial technologies india ltd settled 2 % higher in line with a sluggish stock market after the company announced sale of its singapore based bourse singapore mercantile exchange smx for usd 150 million rs 931 crore to intercontinentalexchange . 10 see also edit list of stock exchanges references edit type a b c investor faq board of directors . archived august 16 2012 at the wayback machine . bse plus . bseindia.com . retrieved 25 september 2010 . jignesh shah named young global leader . the economic times . january 18 2007 . retrieved august 13 2016 . financial tech to set up exchange in mauritius . business standard . 30 november 2006 . retrieved 29 april 2009 . hemant sharma march 22 2016 . jignesh shah the unsung pillar we need to know . retrieved august 13 2016 via medium.com . atom mobile payments application . archived 24 july 2009 at the wayback machine . about tickerplant . tickerplant limited . archived from the original on 2016 08 08 . retrieved august 13 2016 . ftil shares settle 2 % higher on deal to sell smx stake . economic times . 19 november 2013 . external links edit official website enterprise solutions group retrieved from https en.wikipedia.org w index.php title financial technologies group & oldid 734380466 categories financial services companies of indiacompanies based in mumbaicompanies established in 1988hidden categories articles with wayback machine linksengvarb from may 2014use dmy dates from may 2014pages using infobox company with unsupported parametersnpov disputes from april 2016all npov disputes navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 13 august 2016 at 22 50 . text is available under the creative commons attribution 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