Fundtech Appoints Chris Zingo as Global Head of Sa

JERSEY CITY, N.J., July 30, 2013 (GLOBE NEWSWIRE) -- Fundtech , a market leader in global transaction banking solutions, today announced the hiring of Chris Zingo as Global Head of Sales. Brought on to lead Fundtech's global sales organization, Mr. Zingo's responsibilities include providing leadership to the sales teams in the Americas, EMEA and APAC, as well as overseeing the recently formed pre-sales and sales operations groups. He will report to Fundtech President and Chief Operating Officer Edward Ho.

Mr. Zingo brings over 16 years of experience leading global sales teams in financial software sales and strategy. Throughout his career, he has focused on expanding sales capacity by developing, implementing and managing infrastructures to support a solution-based sales methodology.

He was most recently Senior Vice President of Global Sales and Marketing at Calypso Technology, a developer and marketer of capital markets and risk management software solutions for the financial services industry. In this capacity, he implemented a global go-to-market strategy resulting in the accelerated growth of strategic solutions, an expanded global footprint in Latin America, Russia, China and Southeast Asia, and the top spot on the IBS Sales League Table for new client acquisitions in capital markets for three years running.

"The experience and expertise that Chris brings to Fundtech will be a tremendous asset to our team as we centralize our various sales and account management groups into one global sales organization," explains Mr. Ho. "Ultimately, we aim to create an even better end-user experience for our customers. The addition of Chris to our strategic leadership team is another step in that direction."

Prior to Calypso, Mr. Zingo served as Senior Vice President, Sales and Marketing for SuperDerivatives, a global leader in cloud-based market data, derivatives trading technology and analytics. He was also a Managing Director and Senior Vice President at Thomson Financial focusing on corporate and institutional sales. He started his career as a Regional Sales Manager for Bloomberg Financial.

According to Mr. Zingo, "I am excited to join a team with such an impressive track record and with so much growth potential. I look forward to helping drive expanded sales efforts around the world and assisting Fundtech as it continues to deliver leading transaction banking solutions and services to the market."

About Fundtech

Fundtech offers a comprehensive line of transaction banking solutions to banks and corporations of all sizes around the world. As a strategic supplier, Fundtech's customers benefit from lower operating costs and an enhanced end-user experience through integrated and feature-rich solutions. The firm's major product lines include: global and regional payments, corporate cash and liquidity management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services, credit card gateway and mobile banking products. Fundtech offers its software through a traditional software license and a Software-as-a-Service (SaaS) contract. The firm is also the world's largest SWIFT service bureau operator. Thousands of financial institutions and companies worldwide rely on Fundtech's innovation to improve operational efficiency, increase revenues, and provide greater competitiveness through business-to-business services. Founded in 1993, Fundtech was acquired in 2011 by GTCR, a Chicago-based private equity firm. For more information please visit www.fundtech.com .

Press Contacts: Patrick Kilhaney Public Relations & Analyst Relations Manager, Fundtech +1 201 215 6524 (UK) Chanda Gathani - Metia Ltd. +44 (0) 20 3100 3605 (USA) Binna Kim - Cognito +1 646 395 6304