Fundtech and BCSIS Form Asia-Pacific Alliance

Fundtech has announced the signing of a teaming agreement with BCS Information Systems (BCSIS), a Singapore-based financial solution provider. Under the agreement BCSIS will promote, implement and be a centre of excellence for Fundtech’s Global PAYplus in the Asia-Pacific region.

The company said that banks throughout the region are investing in new payment systems in order to provide world-class services, and support the growth of global commerce their commercial clients are experiencing. New payment innovations such as Singapore’s Real-Time Payments (RTP) are also driving the evolution of payment systems in commercial banks.

Ricky Lim, managing director of BCSIS, said the company was pleased to partner with Fundtech “to bring payments best practices to help commercial banks maximize customer returns by reducing operating costs in an increasingly challenging and commoditised marketplace.”

“Working together, we will be able to develop and deliver advanced payment systems that will help banks reduce their costs by streamlining operations, while improving the end-user experience with new and improved features,” added Gil Gadot, president of Fundtech Asia.