In a move that underscores the growing importance of technology-driven financial services, Ebix Technologies Ltd. has announced that a leading Indian private bank has selected its flagship MoneyWare® custody platform to power its custody operations at GIFT City.
The development marks a significant step in strengthening the bank’s global investment services, enabling it to manage cross-border custody requirements with improved operational efficiency, scalability, and control.
According to the company, the MoneyWare® Custody platform will streamline critical functions such as trade settlement, corporate actions, securities management, and reporting. The solution is designed to enhance operational workflows while delivering better client servicing across international markets.
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Built as an integrated wealth and asset management system, MoneyWare® allows financial institutions to manage the entire investment lifecycle—from front office to back office—through a unified and automated framework. Its modular architecture is expected to support the bank’s expanding international footprint, particularly through its operations in GIFT City, India’s emerging global financial hub.
Commenting on the partnership, Ashish Jaitly, Managing Director – APAC at Ebix Technologies Ltd., said the collaboration reflects the platform’s capability to handle complex global custody requirements with efficiency and scalability.
“We are pleased to partner with one of the leading Indian private banks for their GIFT City custody operations. The selection of MoneyWare® Custody highlights our strength in delivering robust, automated solutions that simplify operations and enhance client experience,” he said.
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Jaitly further noted that the company will leverage its global implementation expertise to ensure seamless onboarding and integration of the platform, enabling faster time-to-market while maintaining compliance and operational robustness.
A spokesperson from the bank emphasized that the adoption of MoneyWare® aligns with its strategy to strengthen custody services through advanced technology. “The platform provides the flexibility and technological strength required to support our international financial services business, ensuring seamless and efficient service delivery to our clients,” the spokesperson said.
With this deployment, Ebix Technologies Ltd. continues to expand its footprint in the financial technology space, offering integrated solutions for wealth management, asset management, and custody operations. The company aims to support banks and financial institutions in navigating complex global investment environments through technology-led transformation.