Fundtech has partnered with Abu Dhabi-based IT systems integrator, Gulf Data International (gDi) to expand its Middle Eastern presence.

The transaction banking and payments solutions company hopes that the partnership will strengthen its ability to provide banks and corporations in the region with local sales, service and solution support capabilities.

“Through the partnership, gDi will support Fundtech’s transaction banking and payments solutions, including payment hubs, channel solutions such as cash management, and financial messaging services including connectivity to Swift and other interbank services,” says a statement issued by the company.

“We are delighted to have the opportunity to extend our range of solutions and services, and the Fundtech suite of solutions – particularly their cash management and payments capabilities – are very complementary to the gDi portfolio,” says Stewart Jack, CEO of gDi. “It is essential for the burgeoning UAE market – and especially the financial sector – to have access to globally acclaimed payments processing and cash management systems that are supported by an established local partner.”