i-flex solutions and Fundtech Extend Relationship

This agreement formalizes a working relationship that the companies have had for nearly five years while collaborating on complex payment system projects at major financial institutions. The primary benefit to customers resulting from this relationship will be the combination of Fundtechs Global PAYplus(tm) payments system with i-flexs PrimeSourcing(tm) professional services. Together the two companies are providing seamless sales and delivery of the leading high-end, high-performance payments systems with high quality implementation services and support. i-flex has more than 4,000 IT and financial services professionals with domain specialization in the banking and finance industry. i-flexs PrimeSourcing division services the entire bandwidth of IT needs including system integration, architecture design and analysis, interface development, integration, implementation and maintenance services. Fundtech markets Global PAYplus, a highly scalable web-based payment system that offers financial institutions the ability to reduce operating costs through consolidation and superior STP rates, while improving service to corporate clients through highly customized payment services.