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Fundtech and Surecomp combine for cash management/trade finance sales

13 August 2002 - Wholesale payments vendor Fundtech has signed a bilateral sales referral agreement with Surecomp in an initiative aimed at offering financial institutions integrated trade services and cash management solutions.

GM Stetter, Fundtech corporate executive vice president says the agreement answers a market need for integrated electronic payment, cash management and trade finance solutions. "Since the people handling all of these processes for corporate customers are often the same, it is only natural that the processes be linked, and therefore integrated to provide a seamless process."

The partnership covers Fundtech's cash management system and Surecomp's Imex trade finance product.