JERSEY CITY, N.J., April 25, 2012 (GLOBE NEWSWIRE) -- Fundtech, a market leader in global transaction banking solutions, today announced that Gil Gadot, President of Fundtech Asia-Pacific will be a speaker at the annual Asian Banker Summit, being held in Bangkok, Thailand this week. Mr. Gadot's presentation will focus on the challenges that corporates face in managing liquidity, and will offer solutions on how banks can assist their clients.
The panel discussion is entitled "Meeting the liquidity management requirements of our clients in booming yet uncertain economic environment," and will be held at 14:00 – 15:00 on 26th April. On the panel with Mr. Gadot will be executives from Kasikorn Bank, J.P. Morgan, and SWIFT.
Mr. Gadot's presentation will explain the causes of corporate liquidity management problems. Cash-starved corporations often suffer because their liquidity is trapped in complex supply chains and because they are unable to accurately forecast their liquidity. On the other hand, cash-rich firms are not optimizing their excess cash investment returns because they are not able to maximize their investment duration, also due to the inability to accurately forecast future cash-flow needs.
The panel discussion will also cover how banks can assist their corporate clients in addressing liquidity issues. Mr. Gadot will explain how banks can help corporations free up trapped cash in their accounts receivables and payables process and increase the velocity of their cash through electronification. He will also discuss how a regional, multi-country approach to cash management will improve results.
The Asian Banker Summit is the region's largest annual meeting of global thought leaders and senior industry practitioners. It is the foremost forum for engaging on global themes bringing together global thought leaders and industry specialists. More than 1000 delegates from the world over will have an opportunity to engage with the industry and its issues.
About Fundtech
Fundtech is a leading provider of financial technology to banks and corporations of all sizes around the world. Founded in 1993, Fundtech was acquired by GTCR, a Chicago-based private equity firm. Major product lines are: payments and liquidity management; cash management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services, credit card gateway products and mobile banking products. The company sells these systems through either a traditional software license or through a Software-as-a-Service (SaaS) contract. Fundtech operates one of the world's largest services bureaus called Fundtech Connect, which addresses the unique needs of the financial services industry. Thousands of financial institutions and companies around the world rely on Fundtech's innovation to improve operational efficiency, increase revenues, and to provide greater competitiveness through business-to-business services. For more information please visit www.fundtech.com