London is the first in a multi-country rollout.
Fundtech Ltd. (NASDAQ: FNDT), provider of global electronic payments, settlement and cash management solutions, today announced that Citibank has issued a contract order to implement Fundtech's Global PAYplus 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 several of their payment systems.
The multi-year project began in 2001.
Published by Globes [online] - www.globes.co.il - on 27 June 2002