Fundtech Appoints Peter Reynolds as Head of EMEA Sales
Jersey City, NJ – January 30, 2014 - Fundtech, a market leader in global transaction banking solutions, today announces the hiring of Peter Reynolds as Managing Director for Fundtech EMEA Sales. As the head of EMEA sales, Reynolds is responsible for driving regional strategy and managing local teams. He reports to Chris Zingo, Global Head of Sales.
Reynolds brings to Fundtech more than 12 years of sales and management experience in financial services. Most recently, he led the EMEA sales initiatives for treasury and risk management solutions provider, Reval. Prior to joining Reval, he was a Sales Director at Thomson Financial. He began his career as a Relationship Manager at HSBC Bank.
“Peter Reynolds will be a tremendous asset to furthering Fundtech’s sales initiatives throughout Europe, the Middle East and Africa,” says Chris Zingo, Global Head of Sales at Fundtech. “His strong relationships in the region, coupled with his deep understanding of the transaction banking business, will help us to increase market share for our various leading solutions in these increasingly important and rapidly evolving markets.”
“I am delighted to join Fundtech during this exciting time for the company and the industry,” adds Reynolds. “As transaction banking becomes an increasingly critical element of the global financial services landscape, both as a source of stable revenue and as the linchpin of customer relationships, I’m excited to have the opportunity to lead the EMEA region for Fundtech.
”Fundtech has also hired Mattia Bruzzi, Senior Sales Executive, Global Sales, appointed Nihit Ahuja to the EMEA Sales team, and is in the process of further expanding its direct presence in the EMEA region.
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. 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.
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