Jersey City, N.J., November 28, 2005 â Fundtech Ltd. (NASDAQ: FNDT), a leading provider of end-to-end corporate banking and securities processing software and services, has been ranked 63rd in the second annual FinTech 100 rankings developed by American Banker and Financial Insights. The FinTech 100 is an annual listing of the top vertical technology vendors from around the world that derive more than one third of their revenue from the financial services industry.
Commenting on this yearâs FinTech 100, George Ravich, Chief Marketing Officer of Fundtech said: "We are again honored to be part of the prestigious FinTech 100. It affirms our strategy for sustained growth which has been fuelled by a line of products that offer the market innovative solutions.
He continues "Over the past 12 months Fundtech have entered into the securities marketplace, increased our presence in Asia through our acquisition of CashTech, formed key partnerships with firms including BT Radianz, in addition to expanding our existing base of business. We look forward to many more accomplishments in the coming year."