S1 E7 | The Fintech CEO Taking on Bloomberg TOMS | Ashok Mittal
Podcast: Ashok Mittal on building Fintech Global Center over 30 years, why FGC TMS competes with Bloomberg TOMS, and how AI is changing fintech.
Published May 7, 2026 on The Artesian Network | B2B Tech Marketing Experts
About this conversation
On the "We Built It Because We Had To" podcast, Ashok Mittal, founder and CEO of Fintech Global Center, tells the story behind the company he has been building for 30 years.
He studied electronics and computers, worked on AI in 1986, and was drawn to Wall Street. He worked at one of the largest inter-dealer brokers, co-founded a company spun off from it, and later ran his own inter-dealer broker across New York, London, Singapore and Japan. Today Fintech Global Center builds, runs and manages trading systems for the financial industry; trillions of dollars have flowed through the systems it has built.
Its flagship product, FGC TMS, is a fixed income trading and trade management system that has replaced Bloomberg TOMS. Ashok explains the gap it fills: since higher post-COVID interest rates moved portfolios towards fixed income, trading volumes have grown while the tools have not, regulators are stricter, and bid-offer compression demands more efficiency. He describes delivering "faster, better and cheaper" by combining finance and technology expertise with a global R&D center in India, and notes that Fintech Global Center built a trading system in the cloud in 2014.
The conversation also covers how AI is eroding traditional moats in both technology and financial knowledge, an AI-based trading support capability built into FGC TMS, and his advice to leaders: "be afraid every day".
Watch the full conversation on The Artesian Network | B2B Tech Marketing Experts's YouTube channel.