Jignesh Shah: A Fin-Tech Maverick Who Revolutionized Markets

At a time when the Indian financial market infrastructure needed solutions for global integration, along with bridging the rural-urban divide, it was the path-breaking vision of Mr. Jignesh Shah, founder and now Chairman Emeritus, 63 moons technologies limited (formerly, FTIL), that went beyond the traditional market structure to set up world-class stock & commodity trading systems.

Mr Jignesh Shah has 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 journey of such a visionary materialized into world-class institutions that were built by competitive leadership and an effective management team.

When the nation had just started embracing online financial trading systems, Jignesh Shah pioneered the finest trading system ODIN for the country. This innovation was a cost-effective brokerage technology solution that enabled the trading of securities in India. ODIN has the distinction of being the No. 1 trading software with over 80% market share.

There are over 800 clients using more than 25 lakh ODIN licenses on five lakh terminals, and in turn effectively created 10 lakh jobs, in stock exchanges and commodity exchanges and other areas, and 200+ vendors/creditors. ODIN continues to be the leader, which speaks a great deal about the trust and confidence it commands amongst its customers.

Mr Jignesh Shah also forged the concept of electronic and mobile payments that later emerged as a standard for e-commerce and an important step for building ‘Digital India’. Atom technologies provide the best transaction success rate in the industry. It was set up with a vision to create more convenient ways to transact and avail of financial services.

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