Fundtech’s BBP Becomes Certified SAP® Services Partner

Provides corporates with a seamless connection to SAP ERP and SWIFTNet 

Jersey City, NJ, September 12, 2011– Fundtech Ltd. (NASDAQ: FNDT), a market leader in global transaction banking solutions, announced that its BBP subsidiary, which is the centre of excellence of Fundtech for SWIFTNet messaging and operates the world’s largest SWIFT service bureau, has become a SAP Service Partner. The partnership enables seamless connections between businesses that use the SAP ERP application and the SWIFT network. Almost half of BBP’s 50 SWIFT-for-Corporates clients use SAP and benefit from increased STP (Straight Through Processing), improving the speed, reliability, and efficiency of their connection to banks.

“Post-financial crisis, corporates require greater flexibility with their banking relationships and improved methods to cater to new customer and regulator demands,” said Nancy Atkinson, senior analyst, Aite Group. “IT budgets remain under scrutiny, so the real challenge for corporates is maintaining cost-efficiency while delivering expert customer support and access to a global network of banks. SWIFT and BBP bridge this gap by providing a single, standardized connection between financial institutions and corporates around the world.”

As an SAP services partner, BBP offers the skills and experience needed in integrating SAP ERP with the SWIFT network. BBP has seen strong growth of its SWIFT for Corporates business as companies seek to reduce operating costs and have greater flexibility in their banking relationships. With a SWIFT connection, corporations use one standard interface to send and receive information to all of their banks, eliminating the expense and complexity of multiple proprietary bank connections.

According to Ben Schol, Subject Matter Expert in SAP & Treasury at Unilever: “Having our SAP system communicate with our banks through a seamless and standardized SWIFT connection has simplified our operations, saving us money and providing us with greater flexibility in our banking relationships. Outsourcing this to the BBP SWIFT Service Bureau provides us with the reliability that we require.”

Through Fundtech’s global First Service Bureau, BBP offers an extensive line of SWIFT connectivity services for both banks and corporations, as well as value-added services such as message filtering for sanctioned parties, message conversion, and reconciliation services. First Service Bureau is a global network of six service centers that provide banks and corporations with a wide variety of services such as payments, cash management, electronic invoice presentment, and financial messaging.

About Fundtech Fundtech (NASDAQ: FNDT), was founded in 1993, and is a leading provider of software and services to banks of all sizes around the world. Payments systems include wire transfers, ACH origination, cross-border payments and remittance. Cash management systems are designed for large corporate through small business clients. Fundtech operates the world’s largest SWIFT service bureau. We offer an extensive line of financial supply chain applications including electronic invoice presentment and supply chain financing. And we are the leading provider of CLS systems to the world’s largest banks. More than 1,000 clients throughout the world rely on Fundtech solutions to improve operational efficiency and provide greater competitiveness through innovative business-to-business services. For more information, visit

Forward Looking Statements: This news release contains forward-looking statements made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, projections of revenues, income or loss, capital expenditures, plans for growth and future operations, competition and regulation. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted or quantified. When used in this Release, the words, "estimates," "expects," "anticipates," "believes," "plans," "intends," and variations of such words and similar expressions are intended to identify forward-looking statements that involve risks and uncertainties. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. The factors that could cause actual results to differ materially from those discussed or identified from time to time in Fundtech's public filings, including its Annual Report on Form 20-F for the year ended December 31, 2010, including general economic and market conditions, changes in regulations and taxes and changes in competition in pricing environment. Undo reliance should not be placed on these forward-looking statements, which are applicable only as of the date hereof. Fundtech undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances that arise after the date of this Release or to reflect the occurrence of unanticipated events.


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Press Contacts: (UK) Chanda Gathani - Metia Inc. +44 (0) 20 3100 3605

(USA) Binna Kim, Cognito +1 646 395 6304

Corporate Contacts: George Ravich – Fundtech Ltd. +1-201-215-6530