Private Bank Picks Ebix MoneyWare for GIFT City Operations

Ebix Technologies Ltd., the fintech arm of Ebix Group, on Wednesday announced that a leading Indian private bank has selected its MoneyWare® custody platform to power its operations at GIFT City.

The deployment of the MoneyWare platform is aimed at strengthening the bank’s global custody services by enhancing operational control, efficiency, and scalability. The solution will support the bank’s expanding international investment offerings and streamline custody management for global assets.

Ebix Technologies said its platform is designed to handle complex custody requirements, enabling seamless integration and improved oversight of financial transactions across markets.

The move highlights the growing importance of GIFT City as a global financial hub, attracting advanced technology solutions and enabling Indian institutions to expand their international financial services capabilities.