FinTech 100

Fundtech was once again listed in the FinTech 100, the annual international listing of the top vertical technology vendors as named by American Banker, Bank Technology News and IDC Financial Insights. Fundtech’s 2009 ranking is number 65, up one spot from the 2008 ranking.

For more information about the rankings, visit www.AmericanBanker.com/fintech100

Fundtech Wins Leaders in Innovation Award for e-Payments

The third annual Financial-i award, selected by industry analysts and journalists, is given to banks and vendors who are shaping the delivery of business solutions in wholesale transaction banking. The awards recognize those companies that demonstrate an ongoing commitment to innovation: Companies that have demonstrated over the last 12 months their ability to innovate, and the ability to use these solutions to solve specific business issues or concerns.

According to Michael Sgroe, Fundtech president: "We appreciate this recognition of our technology leadership and ongoing commitment to innovation. For over 15 years we have dedicated ourselves to providing the industry with leading-edge technology solutions that enable financial institutions to offer their clients more convenience and control, while reducing operational costs. We thank Financial-i and the advisory panel for this great honor."

Red Herring 100 Asia: Top 200 Finalist

Fundtech’s subsidiary, CashTech, has been selected by Red Herring as one of the 200 finalists for the prestigious Red Herring 100 Asia 2007 awards for innovative technology companies.

Red Herring is a media company whose mission is to cover innovation, financing and entrepreneurial activity. They report on how the world of innovation and entrepreneurship are transforming business and how the business of technology is transforming the world.

The Red Herring editorial team carefully selected the finalists based on criteria such as innovative strategies, overall expertise, disruptive influences on technology, and a passion for the industry. The finalists are based across 16 countries/regions including China, India, Japan, Singapore, Korea, Australia and Vietnam.

S.W.I.F.T. Ready Gold

Fundtech has received the SWIFTReady Gold accreditation for Payments. The Gold Label, the highest accreditation given by SWIFT, demonstrates that Fundtech supports SWIFT's standards, products and services, as well as straight through processing (STP) for financial transactions. Fundtech was one of the first companies to be awarded the SWIFTReady Gold Label for Payments.

The Banker Technology Award: Retail Banking Innovation

Transact Remit won the prestigious 'Banker Technology Award for Retail Banking Innovation in the "Internet Channel Technology of the Year" category.

Transact Remit is a powerful, web-based, international remittance transaction processing system, which automates the entire process of money transfer for banks and financial institutions. Additionally, it can be hosted by a bank to offer remittance services to retail customers without the remitter having to hold an account with the bank.

Celent Recognition- Leading Cash Management Solution

Market consulting firm Celent positioned Fundtech's CASHplus as a leading solution in its 2006 'Evaluating the Vendors in Online Corporate Cash Management' report. "Fundtech is among a handful of vendors that have made their mark by offering a strong combination of advanced technology, strong features, usability and services to a large number of financial institutions. Celent believes the true trendsetter moving forward will be usability; banks will need to choose a vendor that can provide their valued corporate clients with the strongest ease of use and best user experience," - Jacob Jegher, Celent Senior Analyst

View Report Summary

EuroMoney Financial Technology Award: Best Cash Management Solution

Euromoney magazine, an international publication that covers trends and developments in international banking and capital markets, recently conducted a Financial Technology Users Survey. The survey is a global rating of the top global financial technology vendors, based on customer satisfaction. Customers are called upon to rate a solution vendor on a 10-point scale, on criteria like Usability, ROI/Cost, API, Service and Overall Satisfaction. The categories included Trading, Risk Management, Portfolio Management, Customer Relationships and Cash Management.

NASSCOM IT Innovation in India award: "A showcase company"

Transact CashIn/Transact CashWeb, a financial application hosting platform, was rated "innovative" by Nasscom in 2005. The NASSCOM IT Innovation in India award is the premier honor for companies who have injected innovation into existing solutions and come up with new ideas, products, processes or technologies that enable the business to achieve higher margins and thus profits to re-invest in the business.

The Banker Technology Award: 'Highly Commendable' in Cash Management category

The Banker, a Financial Times publication, has rated Transact CashIn/Transact CashWeb 'Highly Commendable' in the Cash Management category.

EUROMONEY Award: Leading Cash Management Software Company

Rated the second leading Cash Management software company by Euromoney's Financial Technology Users' Survey.