Bangalore-based Omnesys eyes retail thrust, overseas markets

Bangalore-based Omnesys Technologies, a provider of products and services in securities trading, plans to focus strongly on the retail segment such as brokers besides expanding its footprint into developing economies.

By PTI | Aug 08, 2010, 10.40 AM IST

MUMBAI: Bangalore-based Omnesys Technologies, a provider of products and services in securities trading, plans to focus strongly on the retail segment such as brokers besides expanding its footprint into developing economies such as Dubai, the African countries and Singapore, a top company official said.

The National Stock Exchange (NSE) holds a 26 per cent stake in the company promoted by Shrikant Pandit, an ex-Infosys Director.

"Our services are targeted at the capital market segment in the BFSI space. We provide front-office and mid-office solutions to both buy-and-sell-side firms. We have licensed our product to the NSE and we have several institutions as our clients. Now we plan to target large retail brokers," the company's Founder and CEO, Shrikant Pandit, told PTI here.

With the NSE, Omnesys provides the software hosted by the Exchange to which brokers can connect and create a virtual environment for trading, he said.

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