Fundtechâs expanding ASP client list for its PAYplus USA and CASHplus payments and banking solutions now includes: Colorado Capital Bank, Castle Rock, CO; Community Bank System, Dewitt, NY; Independent Bankers Bank, Lake Mary, FL; Doral Bank, San Juan, PR; First Bank, Hazelwood, MO; TierOne Bank, Lincoln, NE; a bank in Montgomery, AL; and a bank in Denver, CO.
Fundtech offers a full suite of in-house and ASP solutions and is one of the few vendors to support their own internal ASP operations. Services include: payments, cash management, reconciliation, disaster recovery, and post-trade securities processing.
âThe addition of these eight banks to our ASP solutions client list is just our most recent milestone,â said Mike Sgroe, Fundtechâs President and COO. âThe ASP offering is a key part of our overall strategy â we believe giving institutions a choice allows them to design solutions which best fit their own and their customers' needs. Increasingly, we see banks finding it more efficient to allow a trusted, experienced vendor to handle their hardware and maintenance up keep. That need for experience is our greatest strength; because we both developed and manage our ASP, and because we have a proven and time tested record in the industry.â