SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Fundtech Ltd. (FNDTF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: savolainen who wrote (32)3/2/1999 6:38:00 PM
From: Geof Hollingsworth  Read Replies (2) of 40
 
Hi Savolainen,

How have you been keeping-so you have discovered this one too?

I think this announcement is a very big deal-the CLS is composed of the world's biggest banks, and its payments are guaranteed by the Fed. IBM is their systems provider, charged with the systems design, implementation and ongoing implementation. I presume this is reported out of the UK because London is one of the major FX trading centers. Anyway, to add IBM to the list of Fundtech channel partners I believe is extremely significant, especially when they are introducing relationships with the largest banks in the world (a new market for Fundtech). This can't be good news for TSAI.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext