Fundtech, Microsoft Introduce SEPA Integration Suite

September 15, 2009 (FinancialWire) — Fundtech Ltd. (NASDAQ: FNDT), a market leader in global transaction banking solutions, and Microsoft Corp. (NASDAQ: MSFT) announced the introduction of the SEPA Integration Suite, a new suite of SOA (service-oriented architecture) services that adds complete SEPA transaction processing to a bank’s existing payments infrastructure with minimal disruption and risk.

By leveraging their existing payments infrastructure, banks will save time and money adding transaction processing capabilities for both SEPA Credit Transfers  and SEPA Direct Debits . Corporate clients will benefit by being able to send a single stream of payments, in various formats, to a centralized payment service, streamlining their accounts payable operations while improving multi-country cash management visibility.

SEPA Direct Debit and Credit Transfers are a key issue in the development of payment systems in Europe, and the SEPA Integration Suite will be the first SEPA payments solution built entirely on the Microsoft platform. The infrastructure uses Microsoft’s cost-effective and reliable Microsoft Windows Server 2008, Microsoft SQL Server 2008, and Microsoft BizTalk Server 2009, a widely deployed and powerful integration, messaging and business activity monitoring solution. Its web-enabled user interface is built with Microsoft Silverlight technology, offering great flexibility and customization capabilities.

The SEPA Integration Suite supports multi-country deployments, and offers extensive mandate management functionality. Its robust middleware transforms, organizes and routes transactions between legacy and SEPA formats using ISO 20022 XML messaging standards.

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