NCDEX wins prestigious Finnoviti Award for technological innovation

Recognised for automating EOD & BOD processes, leading to 80 per cent faster, 100 per cent reliable, and 0 breaches

National Commodity and Derivatives Exchange Ltd. (NCDEX), India’s leading Commodities Exchange, won the prestigious Finnoviti Award 2025 for technological innovation, cementing its position in agri-market digitization. Organized by Banking Frontiers, the awards were announced at the 14th Finnoviti Conclave & Awards 2025, at Jio World Convention Centre, Mumbai.

The Finnoviti jury, comprising senior industry leaders and technology experts, evaluated entries based on originality, impact, scalability, and impact across internal and external stakeholders, placing NCDEX ahead of several leading contenders across the BFSI and fintech landscape. The exchange was recognized under the Technology Innovation category for automating its BOD and EOD process, which significantly enhanced its operational efficiency and reliability across trading processes. NCDEX was represented by Shreekanth Shivram, SVP Technology, and Abhishek Mittal, VP Technology, at the award ceremony.

Speaking on the recognition, Arun Raste, Managing Director and CEO of NCDEX, said, “We are honoured to receive the Finnoviti Award, which is a testament to our continued efforts to adopt technology for the benefit of stakeholders, drive innovation, and act as a digital enabler. This recognition is a tribute to our team’s commitment to creating reliable, transparent, and inclusive market access for farmers, FPOs, and all other stakeholders.”

The Finnoviti Awards celebrate groundbreaking innovations that are shaping the future of the BFSI and fintech sectors. As NCDEX continues to scale its digital initiatives, this recognition fuels the exchange’s drive to foster deeper collaborations with ecosystem stakeholders, expand its technology footprint, and pioneer inclusive solutions that elevate India’s financial inclusion.​

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