| Business Summary | | Fundtech
Ltd.
is
a
provider
of
software
solutions
that
enable
businesses
and
their
banks
to
process
payments
electronically,
transfer
funds
and
manage
cash
positions.
Fundtech's
client/server
web-enabled
software
products
automate
the
process
of
transferring
funds
among
corporations,
banks
and
clearance
systems
and
enable
businesses
to
manage
global
cash
positions
efficiently
and
in
real-time.
Fundtech's
products
and
related
services
are
designed
to
integrate
all
elements
of
the
electronic
payments
cycle,
including
electronic
funds
transfer,
cash
and
treasury
management. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FNDT
designs,
develops,
markets
and
supports
a
suite
of
mission-critical,
client/server
software
products
which
enable
financial
institutions
and
companies
to
electronically
process
payments,
transfer
funds
and
manage
cash
positions.
For
the
six
months
ended
6/30/01,
revenues
rose
14%
to
$24.3
million.
Net
loss
totalled
$7.6
million
vs.
an
income
of
$363
thousand.
Results
reflect
the
sale
of
the
Company's
Access.Pro
product
offerings,
offset
by
the
inclusion
of
impairment
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Reuven Ben-Menachem, 40 Chairmen
of the Board, Pres and CEO | $226K | $41K | Oz Cohen Acting
CFO | -- | -- | Joseph Mazzetti, 60 Exec.
VP- Sales and Marketing | 200K | -- | Gil Gadot, 39 Exec.
VP of Technology, Gen. Mang. of Israeli Operations | -- | -- | Edmund Orr, lll, 50 Exec.
VP and Gen. Mang., Electronic Banking | 223K | 41K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|