CITIBANK IMPLEMENTS FUNDTECH'S GLOBAL PAYplusTM PAYMENT SOLUTION

Citibank's London Implementation First in Multi-Country Rollout

JERSEY CITY, NJ, - June 27, 2002 - Fundtech Ltd. (NASDAQ: FNDT), a leading
provider of global electronic payments, settlement and cash management
solutions, today announced that Citibank has issued a contract order to
implement Fundtech's Global PAYplusTM solution in London as the first in a
multi-country rollout. Global PAYplus, a fully automated payments management
solution for global financial institutions, was chosen by Citibank to
consolidate a several of their payment systems. This multi-year project
began in 2001.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development