TORONTO and NEW YORK, Oct. 11, 2015 /CNW/ - DH Corporation ("D+H") (TSX:DH), a leading provider of technology solutions to financial institutions globally, today announced that it has rebranded Fundtech as its new Global Transaction Banking Solution (GTBS) business. The newly formed strategic business unit will be led by Edward Ho, who was formerly the chief operating officer and president of Fundtech. Global Transaction Banking Solutions complements D+H's existing strategic business units that operate in lending technologies, integrated core and payment solutions.
The rebranding marks a major milestone in the integration work that had already been underway after D+H acquired Fundtech in April of this year. As part of the rebranding, the Fundtech website was integrated into dh.com to present a single unified digital experience across the globe. The rebranding also coincided with D+H's presence at Sibos, an annual financial services conference which is being held in Singapore this year, and includes all marketing collateral and advertising materials, as well as Payments and Treasury Solutions News (formerly Fundtech News), the tri-annual magazine that provides D+H clients, and the transaction banking industry at large, insights into the trends impacting the payments and treasury industries, among others.
"The Fundtech acquisition significantly advanced D+H in our FinTech journey and was evidence of our commitment to continue providing clients the innovative solutions they need to grow and compete. The rebranding is a critical part in helping our clients, the industry and our employees better understand who D+H is and what we offer," said Gerrard Schmid, chief executive officer of D+H. "By unifying the operations as one global brand, we can unlock synergies, better communicate our strengths and competitive market differentiators, and allow for deeper connections that provide greater benefits to our clients. We are proud to have reached this milestone, which was largely due to the dedication and incredible efforts of our employees."
D+H (TSX: DH) is a leading financial technology provider the world's financial institutions rely on every day to help them grow and succeed. Our lending, payments, enterprise and global transaction banking solutions are trusted by nearly 8,000 banks, specialty lenders, community banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has more than 5,500 employees worldwide who are passionate about partnering with clients to create forward-thinking solutions that fit their needs. With annual revenues of more than $1 billion, D+H is recognized as one of the world's top FinTech companies on IDC Financial Insights FinTech Rankings and American Banker's FinTech Forward ranking. For more information, visit dh.com.
SOURCE DH Corporation
For further information: Hyunjoo Kim, Manager, Corporate Communications, [email protected], 416-696-7702