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When the Indian financial sector had just entered the digital era, one man saw an opportunity that few dared to chase. Jignesh Shah FTIL, founded Financial Technologies India Limited (FTIL), now known as 63 Moons Technologies, with a vision that went beyond just building software; he wanted to build ecosystems. And that he surely did. At the heart of his vision was ODIN: Open Dealer Integrated Network-the world's No. 1 IP Trading Terminal Product.
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How 63 Moons' ODIN Impacted Over 1 Crore Lives
INTRODUCTION When the Indian financial sector had just entered the digital era, one man saw an opportunity that few dared to chase. Jignesh Shah FTIL, founded Financial Technologies India Limited (FTIL), now known as 63 Moons Technologies, with a vision that went beyond just building software; he wanted to build ecosystems. And that he surely did. At the heart of his vision was ODIN: Open Dealer Integrated Network-the world's No. 1 IP Trading Terminal Product. • ODIN helped create approximately 25 lakh jobs and touched over 1 crore lives by transforming how people connected with the financial market. This is the story of how one brokerage technology solution became a force for economic inclusion, one trade at a time.
UNDERSTANDING JIGNESH SHAH FTIL ODIN • ODIN wasn't just another trading tool. When Jignesh Shah FTIL, and 63 Moons introduced it in 1998, it filled a critical gap in the Indian financial ecosystem by offering a cost-effective, reliable, and scalable brokerage system at a time when such infrastructure barely existed. Developed by Jignesh Shah 63 Moons, ODIN quickly became the go-to platform for brokerage firms across India. Its dominance wasn't by chance. Even against heavyweights like Tata Consultancy Services (TCS), Reuters, etc., ODIN emerged as the frontrunner, capturing over 80% of the market share.
It provided real-time connectivity across multiple exchanges and consistently delivered high-speed order execution with robust operational stability. • Whether trading in equities, commodities, currencies, or bonds, ODIN offered seamless performance across all asset classes, both in spot and futures & options markets. • At its core, ODIN served as the centre of gravity for India's online trading infrastructure. • But ODIN was more than just fast and stable. It was accessible. And that made all the difference in a country as large and varied as India.
IMPACTING 1 CRORE LIVES VISION • Through ODIN, Jignesh Shah 63 moons connected people, communities, and aspirations across the country. It became a technological bridge that linked the length and breadth of India, bringing alive the true spirit of unity in diversity through finance. • With over 2 million trading terminals spread across almost every district, ODIN wasn't limited to metro cities or financial hubs. It made its presence felt in semi-urban and rural regions where online access to capital markets had been a distant dream. Due to this, the ability to invest, trade, and grow financially wasn't reserved for the few but was open to the many. • ODIN contributed to the creation of approximately 25 lakh jobs across the financial and brokerage ecosystem. It became a multiplier of opportunity, dignity, and economic participation. • In many ways, ODIN's true impact can't be fully captured in a spreadsheet. Its influence extended far beyond terminals and trades, as it was a quiet revolution that helped India believe in the power of financial inclusion.
01 • For over two decades in the recent past, Jignesh Shah 63 Moons' ODIN was the highest contributor to trading volumes across asset classes among all software providers in the country. OMNIPRESENCE AND OMNIPOTENCE 02 • It's remarkable when you consider the landscape and asset classes. NSE, BSE, MCX, NCDEX... all connected through one common thread: ODIN. Over a period of 20 years, nearly 50 different solution providers entered and exited the market. 03 • It reinvented itself to meet new demands, embraced emerging technologies, and retained its reliability through every market shift. That's why even after decades, ODIN isn't a legacy product; it's still the go-to choice.
WHEN INNOVATION MEETS INTENT • Originally developed by Jignesh Shah FTIL, ODIN is a symbol of what India can achieve when innovation meets intent. It personified the spirit of Aatmanirbhar Bharat, a self-reliant India, and stands tall as a proud testament to initiatives such as Make in India, Digital India, Start-up India, and Skill India. • Born from Indian ingenuity and built to serve Indian markets, ODIN proved that world-class solutions don't always have to come from overseas - they can rise from within. Earlier, under Jignesh Shah FTIL, and later under Jignesh Shah 63 Moons, ODIN kept growing and serving India. • In early 2025, the legacy entered a new chapter. 63 Moons Technologies handed ODIN to Synapsewave Innovations, marking both an end and a beginning - the conclusion of a pioneering era, and the promise of continued excellence under new leadership.