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Fundtech Wins Top Technology Innovator Award From Bank Technology News

December 3, 2009 (FinancialWire) — Fundtech Ltd. (NASDAQ: FNDT), a market leader in global transaction banking solutions, has been named one of the banking industry’s top technology innovators by Bank Technology News, the leading magazine for senior financial technology executives.

The 2009 Annual Innovators Ranking recognized Fundtech for its industry-leadership and innovation in transaction banking, specifically with the development of its Global PAYplus Services Platform .

“Fundtech’s Global PAYplus-SP was selected because it allows banks to take great strides in the degree of service they offer clients around payments at a time when payments is a crucial area of competitive advantage in financial services,” said Rebecca Sausner, editor-in-chief of Bank Technology News.

Global PAYplus-SP is the first SOA based payments platform built from the ground-up to accelerate business transformation of bank payment systems. This single platform allows financial institutions to consolidate processing for all payment types; reduce costs by eliminating the waste and duplication of multiple payment silos; and offer consistent service regardless of the payment type anywhere on the globe. Global PAYplus SP will be the foundation for Bank of America Merrill Lynch’s next-generation online banking channel for treasury management.

Bank Technology News annually recognizes the innovative people, technologies and processes that move the financial services industry forward. Nominations are solicited from the industry and considered alongside those promulgated by the magazine’s editors. Selection is based on the potential of the technology or company to create positive change in the industry, the relative importance that a given technology has in meeting a pressing industry need and on individual’s demonstrated achievements in bringing innovative ideas to market.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). The most recently issued reports and/or recorded webcasts include Cascade Corp. (NYSE: CASC), Anadarko Petroleum Corp. (NYSE: APC), Baytex Energy Trust (NYSE: BTE) (TSX: BTE), H & Q Healthcare Investors (NYSE: HQH), H & Q Life Science Investors (NYSE: HQL), PIMCO (NYSE: PYN) (NYSE: PMX) (NYSE: PZC), PIMCO Global StocksPLUS & Income Fund (NYSE: PGP), Taiwan Greater China Fund (NYSE: TFC) and Wolseley PLC (OTC: WOSCF) (London Stock Exchange: WOS).

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