Leading Thai Bank Implements Fundtech's Global CASHplusR

Jersey City, NJ - 13 July 2009

Fundtech Ltd. (NASDAQ:FNDT), a market leader in global transaction banking solutions, today announced that United Overseas Bank (UOB), one of Thailand’s leading banks, has implemented Global CASHplus (GCP), Fundtech’s new generation transaction banking system that combines comprehensive global cash management with the full range of automated financial supply chain features.

GCP offers UOB’s corporate clients an easy-to-implement, secure, 24x7 environment to effectively manage their cash functions online, including payments, collections and balance reporting. Its front-end capabilities, including multi-lingual support, offer a single-window interface for all types of cash management transactions.

GCP provides UOB a competitive edge with its integrated features, operational efficiency, and Web 2.0-inspired user interface. GCP is equipped with a complete suite of solutions that efficiently manages Channel Finance & Services, Collections Management, Payments Processing, Receivables Management, Liquidity Management and Account Reconciliation.

Sanjay Dalmia, Managing Director, Fundtech India Ltd. said: “We are delighted that UOB has selected Fundtech’s Global CASHplus to provide advanced transaction banking services to its clients. The product’s innovative features will enable UOB to offer the industry’s most comprehensive and competitive corporate banking service.”

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