Financial Technologies lists on NSE

By siliconindia staff writer   |   Thursday, 23 June 2005, 19:30 IST
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BANGALORE: Financial Technologies (India) Ltd. (FTIL), a provider of technology for Capital, Commodities and FOREX markets, announced the listing of its equity shares at The National Stock Exchange. FTIL shares are already listed on The Bombay Stock Exchange since January 1999. With a equity base of Rs 8.8 crore, FTIL is India's leading Vertical Specialist enterprise delivering mission-critical, Straight Through Processing (STP) solutions comprising Domain Expertise, Technology Licensing and Development & Transaction Outsourcing services. FTIL has a state-of-the-art Technology Development Center in Mumbai providing transaction automation technologies for Equities, Derivatives, Forex and Commodity markets. FTIL also offers market infrastructure based 'shared services' involving sophisticated Exchange operations and technology infrastructure as a neutral service provider. FTIL is focused on developing mission-critical technology solutions for the Financial Services Industry and the facilitation of change within the Financial Marketplace. With over 80% market share in deploying online securities trading platform, FTIL has emerged as the preferred technology partner for deploying STP technologies for the technology-intensive FSI Sector.