Jignesh Shah clinches Rotary International Global Social Entrepreneur Award 2007 for exemplary contribution. ROTARY International evolved from a five-member Rotary Club, with a vision to create a professional group, with the same friendly spirit. Since its inception in 1922, Rotarians have been trying to create a positive change at home and across the world.
Today it’s a 1.2 million people strong community that recognizes the desiccated and valuable contributions of the individual world across. The founder of Financial Technologies (India) Ltd (FTIL), Jignesh Shah was honored with the Rotary International Global Social Entrepreneur Award, a global recognition for his revolutionary efforts for socio-economic upliftment of the marginalized in India. The event was held on January 14, 2007 at The Leela, Mumbai. His innovative efforts to integrate rural India with the global markets have been stated parallel to none.
India faced logistics limitations to spread the market activity across the nation. The technologies available with most of the global multinational corporations were prohibitively expensive. FTIL extended technology support to Multi Commodities Exchange (MCX), making trading solutions in security industry affordable for thousands of broking firms, individuals and corporate.
The trading technology that FTIL developed met the toughest standards in terms of quality and robustness. The technology integration not only met global standards but carried out enormous capacity building. His vision received appreciation, while being presented a trophy by Mark Maloney and a citation by Kumar Manglam Birla.