Ebix Technologies Expands Global Reach with MoneyWare® Custody Platform

Ebix Technologies Ltd., the financial technology division of Ebix Group, has announced a strategic partnership with a leading Indian private bank, implementing their MoneyWare® Custody platform to bolster custody operations via GIFT City.

The state-of-the-art platform will enhance the bank's global custody capabilities by streamlining processes such as trade settlement, corporate actions, and securities management. This move promises greater operational control, efficiency, and improved client service, aligning with the industry's evolving international investment demands.

According to Mr. Ashish Jaitly, Managing Director - APAC of Ebix Technologies, this alliance underscores MoneyWare®'s strong platform capabilities in supporting global custodial needs with unmatched efficiency and scalability. The platform's modular architecture aims to revolutionize how the bank delivers custody services, leveraging Ebix's extensive experience in global implementation to assure prompt integration and operational readiness.