Today, global banks face a number of challenges; among these, managing financial messages in numerous warehouses is complex and expensive. With the new Global Messaging Plus technology, processing transactions through the gateway will be faster, more precise and less costly, both because firms will be able to decommission unneeded systems and warehouses and also reduce their mainframe systems significantly, resulting in substantial cost savings.
With Global Messaging Plus, banks and corporations alike will save time and increase operational efficiency through global functionality, advanced STP, web-based technology and advanced drill down and query capabilities. Seamless integration with payments and treasury systems reduces the risk and costs associated with onboarding. Built using the latest technologies, Global Messaging Plus ensures that any firm's technology investment is protected over both the short- and long-term.
The platform also serves as a gateway for Fundtech's compliance filter application, Global Compliance Plus, in addition to Fundtech's
"Firms are increasingly examining outsourced solutions as a way to reduce both costs and complexity," says
Fundtech offers a comprehensive line of transaction banking solutions to banks and corporations of all sizes around the world. As a strategic supplier, Fundtech's customers benefit from lower operating costs and an enhanced end-user experience through integrated and feature-rich solutions. The firm's major product lines include: global and regional payments, corporate cash and liquidity management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services, credit card gateway and mobile banking products. Fundtech offers its software through a traditional software license and a Software-as-a-Service (SaaS) contract. The firm is also the world's largest SWIFT service bureau operator. Thousands of financial institutions and companies worldwide rely on Fundtech's innovation to improve operational efficiency, increase revenues, and provide greater competitiveness through business-to-business services. Founded in 1993, Fundtech was acquired in 2011 by GTCR, a
Press Contacts: Patrick KilhaneyPublic Relations & Analyst Relations Manager, Fundtech +1 201 215 6524 firstname.lastname@example.org ( USA) Kevin Maher- Cognito +1 646 395 6304 email@example.com ( UK) Chanda Gathani - Metia Ltd.+44 (0) 20 3100 3605 firstname.lastname@example.org