CashTech Solutions India Ltd, a Fundtech company and the premier Financial Supply Chain and Remittances solutions provider, has won the prestigious ‘Banker Technology Award', given by the internationally renowned Financial Times banking magazine – The Banker, London. The Awards highlight those solutions and projects that have made a real difference over the past 12 months. CashTech’s International Remittances product, Transact Remit™, won the Retail Banking Innovation award, in the "Internet Channel Technology of the Year" category. Transact Remit is a powerful, web-based, international remittance transaction processing system, which automates the entire process of money transfer for banks and financial institutions. Additionally, it can be hosted by a bank to offer remittance services to retail customers without the remitter having to hold an account with the bank.
On receiving the honour, Mr. Sanjay Dalmia, CEO, CashTech Solutions said, “We are proud to be recognized globally for our cutting edge technology solutions which address the needs of organisations in today’s dynamic and rapidly changing business environment.”
“This award will further strengthen our commitment to deliver innovative & quality solutions to our customers and we will continue to strive for excellence”, he added
The Banker Technology Awards 2007, recognizes innovation and excellence in technical applications and services for the front, middle, and back-office of financial services. Its aim is to provide an index to guide financial institutions world-over on the leading solutions in key business areas. The awards are judged on the basis of objective and results-oriented criteria by a panel of leading, highly respected industry commentators from around the world.
