Fundtech Appoints Kyle McGaffey as Head of Sales - Americas

Experienced financial services sales professional to lead Fundtech’s sales strategy for the Americas

Jersey City, NJ – February 4, 2014 - Fundtech, a market leader in global transaction banking solutions, today announces the hiring of Kyle McGaffey as Sales Manager for the Americas. As head of Fundtech’s Americas sales initiatives, McGaffey is responsible for all regional sales personnel, and for driving regional sales strategy. He reports to Chris Zingo, Global Head of Sales.

McGaffey brings to Fundtech two decades of financial services sales experience, including selling investment products and technology solutions. He most recently served as Head of Sales at Thomson Reuters, where he managed a team of professionals selling quantitative solutions to hedge funds, asset managers and global banks. Prior to joining Thomson Reuters, McGaffey held positions with RiskMetrics Group, Bloomberg, Utendahl Capital Partners, and Merrill Lynch.

“Kyle is a great addition to Fundtech’s Americas sales team,” says Chris Zingo, Global Head of Sales at Fundtech. “He has a long and impressive track record of success in sales and sales management and works very closely with customers to ensure that their feedback affects change within Fundtech’s products and solutions.”

“I am very excited to lead the Americas Sales effort at Fundtech,” adds McGaffey. “There is an enormous opportunity to leverage Fundtech’s rich suite of products and services to create meaningful and innovative solutions that help our clients solve real business challenges. I look forward to building off the strong momentum Fundtech has created in 2013.”

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About Fundtech
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. 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 Chicago-based private equity firm. For more information please visit www.fundtech.com.

Press Contacts:
Patrick Kilhaney
Public Relations & Analyst Relations Manager, Fundtech
+1 201 215 6524
patrick.kilhaney@fundtech.com

Kevin Maher
Cognito
+1 646 395 6304
kevin.maher@cognitomedia.com