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AP Technology and Fundtech Form Partnership to Bring Automated, Real-Time Reporting Functionality to Cash Management

AP Technology, a leading provider of secure data-transfer solutions for financial institutions, and Fundtech Corp. (NASDAQ: FNDT), a leader in corporate banking solutions, have partnered to add automated and unattended, real-time file transfer functionality to Fundtech’s CASHplus cash management system.

The integrated solution called CASHplus Automated Reporter Module, is powered by the Transporter core technology from AP Technology, and provides CASHplus users with scripting capabilities for unattended, real-time information reporting. Retrieving daily reports becomes efficient and transparent, as reports are proactively delivered to user-designated locations with no manual intervention required.

CASHplus Automated Reporter Module automatically retrieves and delivers bank reports based on a preset schedule or in real time, eliminating the need for corporate cash managers to manually initiate report delivery through a bank’s website. Users also have the ability to retrieve customized reports that are tailored to their needs. Automated email notifications are sent to specified recipients informing them of report availability and delivery.

"CASHplus Automated Reporter Module provides real-time, proactive cash management reporting, which makes a bank’s cash management services more useful, more convenient and therefore more competitive. We are delighted to work with AP Technology who is a proven leader in the development of automated reporting systems,” said Brian Jou, Executive Vice President of Product at Fundtech

“The advanced user-definable reporting functionality of Fundtech’s CASHplus cash management system combined with the automation capabilities of CASHplus Automated Reporter Module provides a state-of-the-art system that delivers the very highest standards for convenience, timeliness, and security,” states Richard Love, Chief Executive Officer, AP Technology.