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Financial Technologies (India) Ltd. bags the mandate for deploying India's largest integrated Derivatives Trading Platform 'DerivativesConnect', at Inter-connected Stock Exchange of India.

February 13th, 2002 - Inter-connected Stock Exchange, a conglomeration of 13 Regional Stock Exchanges in India, has selected Financial Technologies (India) Limited's DerivativesConnect platform for its operations supporting over 250 active members spread across 50 centres. This is the largest deployment in India (and probably across geographies), of an integrated trading platform on Microsoft / Intel / Compaq environment for mission-critical, enterprise level, real-time STP solution framework.

This deal covers deployment of the entire solution suite under DerivativesConnect, including Integrated Front Office solution (Equity and Derivatives platforms on a single .exe), Integrated Back Office solution, FT-PRIME (real-time SPAN based risk management engine), STP-Switch (real-time, message based interface between Front & Back Office solutions for enabling STP capability) and Market Feed Engine.

Incidentally, ISE is an existing user of the largest deployment of FTIL's end-to-end Equity market trading platform (Front / Middle and Back Office) which they have been successfully using for the last 20 months.