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Fundtech makes Walter Energy more SWIFT

Monday 24th September, 2012

Fundtech, a global provider of transaction banking services, has added coal producer, Walter Energy to its SWIFT for corporates client list.

Walter Energy’s SWIFT connection through Fundtech’s Service Bureau reduces operating costs and makes cash flow forecasting easier. By using SWIFT messaging standards, Walter Energy will have a bank communications channel that integrates with its ERP and treasury management systems.

Fundtech provides a range of services to banks and corporations including payments and liquidity management, cash management, financial messaging, electronic invoice presentment, supply chain financing, remote deposit capture, merchant services as well as credit card gateway products and mobile banking products.