Omnesys among Top 20 Technology Solutions for BFSI Industry
Prompted by several requests from senior decision makers in BFSI industry, CIOs and even some of the vendors providing solutions, we present
this first ever compilation of Top 20 technology solutions for BFSI industry.
Our goal was to identify and select most innovative solutions for the BFSI industry which are available in the Indian market.
Omnesys picks up majority stake in Harsa IT
Bangalore-based Omnesys Technologies which provides software for securities markets such as National Stock Exchange of India and Dubai Gold & Commodities Exchange has picked up a majority stake in Chennai based Harsa IT Solutions, a provider of back office and wealth management products.
"With this stake we will be able to provide end-to-end solutions to the broking community including brokers, banks, hedge funds, institutions and other customers," said Shrikant Pandit, managing director, Omnesys. He declined to disclose the financial details of the transaction..
Harsa IT founded a decade ago, sells online broking back office solutions such as integration of accounting, operations and customer relation management to stockbrokers operations..
- The Economic Times
Omnesys announces strategic partnership with Geodesic
Shrikant Pandit, Managing Director, Omnesys said, “We are extremely pleased to partner with Geodesic to provide value added features to our customers.
Omnesys Technologies, a leading provider of multi-asset trading software & systems has announced strategic partnership with Geodesic Limited, a products and solutions provider for Content, Communication, Collaboration and Electronic Computing to various market segments.
Geodesic’s Mundu TV, a live internet television service, would be integrated with the Omnesys trading platform ‘Nest Plus’ for providing India’s top 5 business TV channels to Indian Stock traders using ‘Nest Plus’ within their trading terminals..
Omnesys in partnership with Heckyl
Mukund Mudras, Managing Director of Heckyl Technologies said, ”Heckyl is pleased to announce that we are a partnering with Omnesys Technologies and our News Analytics Dashboard will be embedded within the Omnesys Nest trading platform.
Omnesys Technologies, a leading provider of multi-asset trading software & systems, has announced that it has entered into a partnership with Mumbai based Heckyl Technologies, a products and solutions provider for Real-Time Financial Information and News Analytics.
As per this partnership, Heckyl’s platform FIND(Financial In News & Data), would be integrated with the Omnesys’s premium trading platform ‘Nest Plus’ for providing real-time, high quality Financial Information on the go from millions of sources (News wires, Blogs, Twitter, Social Media) to the Indian Stock market traders using ‘Nest Plus’ within their trading terminals.
Omnesys Technologies and Progress Software Announce Strategic Partnership In India
Omnesys Technologies, a leading provider of software for securities markets worldwide and Progress Software PRGS -0.94% , a leading software provider that enables enterprises to be operationally responsive, today announced a strategic partnership that will leverage the Omnesys customer base comprising more than 200 of the top financial institutions and exchanges across India with the Omnesys NEST(TM) front office service and the number one algorithmic trading platform, Progress(R) Apama(R). This strategic partnership delivers a powerful, state-of-the-art trading platform that better enables Indian traders to be more competitive.
- Market watch
Omnesys Technologies amongst Fastest Growing Technology Company on the Deloitte Technology Fast 50 India 2011
Bangalore based Omnesys Technologies, a leading provider of multi-asset trading software and systems and an Independent Software Vendor (ISV), has announced that it is amongst the Deloitte Technology Fast 50 India 2011, a ranking of the 50 fastest growing technology companies in India. Rankings are based on percentage revenue growth over three years.
The award was received by Shrikant Pandit, CEO of Omnesys Technologies, at the recently organized seventh Technology Fast 50 award at Bangalore, organised by Deloitte, recognizing the fastest growing and dynamic technology companies in India. The annual Deloitte Technology Fast 50 India Program ranks the fastest growing technology companies in India based on their percentage revenue growth over the last three financial years. In its 2011 edition, the 50 fastest growing companies on its list have achieved an average revenue growth of 236 percent over the last three years despite competitive conditions all round for industry players across India.
Omnesys’s CEO, Shrikant Pandit, credits this to the series of innovative new products and technologies introduced to the company’s growth over the past three years. Shrikant Pandit said, "It is a great honour for us to win this prestigious award which conclusively proves that we are much ahead of competition in terms of our technology and the range of products and services that are offered to our clients.”
"Making the Deloitte Technology Fast 50 is commendable in today’s highly competitive technology industry," said P N Sudarshan, Senior Director, Deloitte Touche Tohmatsu India Private Limited (Program Director, Deloitte’s Technology Fast 50 India program). "We congratulate Omnesys Technologies on being one of the 50 fastest growing technology companies in India."
Omnesys to act as USE vendor
Bangalore based Omnesys Technologies, provider of multi-asset trading software and systems and independent software vendor, has tied up with United Stock Exchange (USE).
Omnesys, where the National Stock Exchange (NSE) holds 26% stake, will act as a vendor to USE. NEST is a well-accepted computer to computer link (CTCL) platform for multi asset exchange trading and the flagship product of Omnesys.
- Business Standard
Omnesys ties-up with US-based Rithmic
Bangalore-based Omnesys Technologies has tied up with US-based Rithmic, to provide the users of 'Omnesys NEST', a securities trading platform, access to and trading on major global derivatives exchanges.
By using an adapter provided by Omnesys -- a leading provider of multi-asset trading software and systems and an Independent Software Vendor (ISV) in India – which incorporates Rithmic's R | API, the NEST platform can be connected to Rithmic's R | Trade Execution Platform, thereby providing the NEST user access to more than 15 international exchanges, Omnesys said in a statement on Tuesday.
-The Financial Express
Omnesys Technologies bags two major awards at TradeTech India 2011
Omnesys Technologies, a leading provider of multi-asset trading software and systems and an Independent Software Vendor (ISV), won the ‘Best Trading Technology Vendor’ and the ‘Best Algorithmic Trading Technology Vendor’ awards at the recently concluded 3rd Annual TradeTech India 2011 event held in Mumbai.
The 2 day conference was a platform for National and International speakers to meet and discuss the growth and challenges of the electronic trading industry in India.
Intel Capital invests in Bangalore based Omnesys Technologies Pvt Ltd. / Tuesday, 14 DEC, 2010, 11.16PM
Technology leader Intel Corp's investment arm Intel Capital today picked up a minority stake in the Bangalore-based Omnesys Technologies that offers equity trading software and order-management systems.
This is the eighth deal by Intel Capital so far in 2010 in India, taking its overall exposure to USD 45 million, Intel Capital President and Intel Corp Executive Vice- President Arvind Sodhani said here. He declined to quantify the deal, saying "this is a minority interest." .
-Economic Times, Mumbai
ACE the latest commodity exchange in India goes Live with Omnesys / Friday, Nov 12, 2010
Ace Derivatives and Commodity Exchange (ACE), which went live on October 27, has announced that its feed is now available on CTCL (computer-to-computer link) platform developed by the Bangalore-based Omnesys Technologies, a technology company. With this tie-up, ACE members can now use Omnesys CTCL solution to access and trade on the ACE platform.
-The Hindu, Bangalore
USE a stock exchange goes Live with Omnesys / Wednesday, 20 October 2010
OMNESYS Technologies Pvt. Ltd, a leading technology provider of trading systems in India, has become an approved Independent Software Vendor (ISV) on the United Stock Exchange of India (USE). USE is India's newest stock exchange for currency derivatives. The exchange offers a better platform to corporates and SMEs for managing forex risk as spread rates in an exchange are better and it does not involve any counter party risk. Bombay Stock Exchange is also a strategic partner with USE as it holds a 15% stake and all its members are connected to the new USE platform.
-Yourchennai.com , Mumbai
Omnesys Tech releases "Omnesys NEST Mobile" / Sep 15, 2010
Bangalore based Omnesys Technologies Pvt. Ltd. (Omnesys), has announced the release of "Omnesys NEST Mobile" suite of products for mobile trading.
Omnesys is a leading provider of technology solutions to the domestic Securities Market segment in the BFSI space. The company's trading system and flagship product "Omnesys NEST" is used by top institutions and retail brokers to access various Indian stock and commodity exchanges.