Bacsactive IP

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September 2010

Financial Supply Chain Provider Accountis Ltd Changes Name to Fundtech FSC Ltd.

28/09/10

Jersey City, N.J. 28th September, 2010: Fundtech Ltd (NASDAQ: FNDT), a market leader in global transaction banking solutions, today announced that Accountis Ltd has been fully integrated into a new operating unit with other Fundtech subsidiaries  focused on financial supply chain products and services, and as a result, has changed its name to Fundtech FSC Ltd.  Fundtech acquired Accountis in February 2008 to extend its financial supply chain product line. The change will consolidate Accountis products and personnel into an operating unit that will offer seamless integration of the company’s financial supply chain solutions including corporate cash & liquidity management, electronic invoice presentment and trade services. Accountis EIP is the new name for Fundtech’s electronic invoicing presentment products and services for corporates and financial institutions worldwide. 

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