Many of my readers may know about the regrettable incidents occurred once famous "Financial Technologies Ltd" and its promoter. If we look back, the success of this company in the past was mainly due to its range of advanced management, risk management and trade solutions for various time related business.At brokerage, the company through a period hard look in another small and unknown company that shows slow improvement company in the same
Company Website: click here.Dion Solutions is a company owned by former developers of one of the largest pharmaceutical company in India is a global Ranbaxy.Dion leading provider of software for the banking, financial services and insurance (BFSI) sector and provide research services and information for financial institutions, media and publishing entities.Company offering various products such as vertical trading and settlement provider , risk management, research, respect .. etc.. Commercial bank, stock brokerage, insurance companies, finance companies, stock exchanges, depositories and custodians, asset management companies and hedge funds, etc. .. are the target customers Dion.
In the presence of contemporary society in India is limited, but it is gaining ground abroad. Through its subsidiaries and associated companies Dion operating in over 60 countries around the globe.As part of its expansion strategy company made strategic investments in many foreign companies. In 2010 Dion has 44% stake in the holding company of Chase Cooper, a leading provider based in London, technology and solutions for the BFSI segment with a presence in over 85 countries.In 2011 Company acquired group Investmaster based in the UK who is also in the same industry. In 2012, the Company acquired Germany-based financial systems Swissrisk. After Lehman institutions of the financial crisis, especially large foreign banks and financial institutions shall take all measures to ensure better management of fraud and rigorous checks and validation additions processes.In this, all international banks must comply with the Basel III standards by December 31, 2018 and all Indian banks 31 March 2018.This offer good opportunities for companies like Dion who specialize in the field of risk management. Last year, the company introduced FATCATRAC - a software solution to help financial institutions comply with the Foreign Account Tax Compliance Act U.S. becomes overwhelming response of private banks abroad.
Tech Mahindra Link
Identify capacity Dion and opportunities ahead, one of the largest software company in India Tech Mahindra took a 16% stake in Dion in the last fiscal year by purchasing shares worth Rs.35 Cr. This strategic partnership should bring good results in the future. Mr. CP Gurnani, CEO and Director of Tech Mahindra said about the acquisition: "We are very impressed with the products and solutions of Dion, his ability to truly collaborate with clients, and especially its management team high level. We are confident that in time to come, Dion will become one of the largest providers of software solutions for capital markets globally and we are eager to participate in the promising future of Dion. "
After several years of stagnation, the global financial industry is looking now. Dion is taking various efforts to exploit the emerging opportunities and taking as serious business. At the time of its closest rivals Financial Technologies is facing multiple problems Dion plans now actively exploit the local market as well. In this effort, the financial and technical support from a company like Tech Mahindra will be an added advantage for Dion. Last week company formed by BSE to provide IML (intermediate layer message) Business Services based members of the negotiation of BSE in the segment of foreign exchange derivatives. BSE circular Link HER
Read Dion to recent wins HERE
Finance and Conclusion
On a consolidated basis, the top line of the company flows from Rs.90 Cr in 2010 to Rs.223 Cr in 2014. His bottom line is still loss. During the past year, to write its entire accumulated loss Dion has reduced its share capital by half. Promoters hold 53% of the capital and other FIs and Tech Mahindra together holding another 34%. Due to low floating stock, liquidity is low in this counter.If you are an investor risk aversion and given the parameters of conventional valuation for investment decisions, it is not a stock for you. I think, for various reasons, the company is an inflection point and the best days are just coming.But is a long-term history and only one stock for those who have enough patience.Remember, it is not a "valuepick 'suggestion but a stock based on the future growth of the company expected. Dion is only for BSE and currently trading around Rs.66
Link to Company Website : Click Here
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