Financial Technologies PAT expands 116 pc

Financial Technologies (India) Ltd has consolidated and progressed on all business fronts with flagship product ODIN.

MUMBAI: Financial Technologies (India) Ltd, flagship of the Financial Technologies group and India's leading technology solutions provider for equity, commodity, debt and forex markets, announced its financial results for the year ended Mar 31, 2007.

The company has consolidated and progressed on all business fronts with flagship product ODIN capturing 90 per cent estimated market share, a growth of 76 per cent in the license base in equity markets, and a growth of 146 per cent in the commodities market.

The company launched two new ventures this year -- TickerPlant Infovending and Safal National Exchange for fruits and vegetables. The latter is a 49:51 joint venture with National Dairy Development Board.

Financial Technologies shares on Monday closed at Rs 2,955, down 2.03 per cent from Friday's close.
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