NASSCOM Innovation Awards 2007, Dewang Neralla, Director, Technology, Financial Technologies

Copyright of Financial Technologies India Ltd. 1

Nasscom Innovation Awards

November 2007

Copyright of Financial Technologies India Ltd. Copyright: www.ftindia.com 2

FT Group Overview

Financial Technologies (I) Ltd., (FTIL) the flagship company of the Financial Technologies Group - 2000 + strong team

Core offering - Technologies for Financial Markets

First Generation technology company started in 1995.

Promoters - Engineers (Electronics, Telecom & Computer Science) with experience in BSE & NSE

Listed on both BSE & NSE - shareholder family over 35,000 and a market capitalisation of US$ 3.06bn (Sep28, 07)

MCX promoted by FT group is India’s largest de-mutualised, nationwide, electronic commodity futures exchange for metals, energy and agricultural products


FT Group Credentials

Recognized amongst the top 125 “Founding Global Growth Company Members” by World Economic Forum

Ranked 3rd in the Deloitte Technology fast 50 India 2006

Ranked 42nd in the Deloitte Technology Fast 500 Asia-Pacific Ranking and CEO Survey 2006


FT Group Credentials

ExchangesNational Stock Exchange of India LtdBombay Stock Exchange Ltd. Ahmedabad Stock Exchange Interconnected Stock Exchange Multi Commodity Exchange of India LtdVadodara Stock ExchangeSafal National Exchange Ltd. Dubai Gold & Commodities Exchange

Powering 800+ Financial Intermediaries (partial list)IL&FS Investsmart Ltd.India Bulls Securities Ltd.India Infoline Securities Pvt. Ltd.Kotak Securities Ltd.Reliance Securities Ltd.Religare Securities Ltd. Sharekhan Ltd. UTI Securities Ltd.Merill LynchJP MorganCitigroup

Asset Management CompaniesHDFC Asset Management Co. Ltd. ING Investment Management (I) Pvt. Ltd. Principal PNB Asset Management Co. Pvt. Ltd. Prudential ICICI Asset Management Co. Ltd. Tata Asset Management Ltd.


FT Solutions Overview


FT Exchange Solutions

Exchange Solutions

FT’s exchange solutions create efficient digital markets from fragmented and non electronic over the counter, phone based markets

FT has developed fully integrated, robust, secure out of the box turnkey exchange solutions for financial markets across all asset classes including equity, commodities, debt and currency

FT’s unique end to end “Exchange Technology Framework” covers all aspects of an exchange operation including Front and Back Office.

Products include DOME, CnS, FT –Prime and Fx Direct

• DOME (Distributed Order Matching Engine) is a trading system facilitating trading on derivatives and spot instruments and matching on price-time priority.

• CNS (Clearing and settlement Solution) is a comprehensive solution that facilitates and manages operations necessary for a clearing house of any exchange based marketplace.

• FT Prime™ – risk management system provides portfolio based approach for risk management.

• FX – Direct™ is a multi-currency trading platform for the spot, swaps, options markets all on a single application .


FT Innovations –

DOME our flagship next generation exchange product suite offers an integrated matching engine, including surveillance, risk management and clearing and settlement

Innovative Business model has contributed to expanding markets, thus including the bottom and middle of the pyramid and unlocking value

MCX and DGCX’s online trading platform using DOME is accessible to its members through multiple mediums of connectivity including VSATs, Virtual Private Networks, Leased Lines with easy access moving from desktops to internet and mobile phones

Technology and process innovations have resulted in the highest speed of execution with lowest CAPEX and OPEX; case in point being deployment of MCX and DGCX in 1000 days.

State of the art technology hardware has resulted in better scalability, interoperability, maintainability and upgrades


Solutions Architecture


MCX became the world’s first and only Multi Commodity exchange to be accredited with ISO 27001:2005 for information security and ISO 9001:2000 for quality

Average daily turnover USD 2.15 billion making MCX rank among top 10 commodity exchanges globally per UNCTAD

Unique alliances -11 global and 7 Domestic alliances

Wide membership base -1810 members across 384 cities

Best Innovative Exchange award - Global SMEs Summit 2007

Rotary International CSR Award for integrating rural India with global markets- 2007

No 1 Commodity Exchange of the Year – Presented by Chairman NAFED - 2006

Success Story


Expected key benefits from tie-ups

• Cross-listing of products on each other’s exchanges

• Margin credit across exchanges for the members

• Possibility to carry forward positions from one exchange to another

• Hedging and leveraging across time-zones

MCX Global Alliances

NASSCOM Innovation Awards 2007, Dewang Neralla, Director, Technology, Financial Technologies

Business

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