Fundtech, a provider pf global transaction banking solutions, has hired Dr Ed Gainer III as head of its US cash management business unit. Gainer was formerly a co-founder of Generated Systems Technologies, an innovator in automated small business banking and a provider of professional consulting services. He brings over 30 years of experience in the financial technology industry, including senior management positions at Brokat Technologies, Transaction Software Technologies, and National Data Corporation.
Gainer will be responsible for product development and growth strategies for Fundtech’s North American cash management business. Specifically, he will oversee the development and deployment of the Fundtech cash management product suite, including CASHplus, an electronic banking system.
Prior to joining Fundtech, Gainer was a co-founder of Generated Systems Technologies, where he consulted with top 50 banks on portal development and cash management product development. Prior to that, he was senior vice president of strategy for corporate e-banking at Brokat Technologies. He was also chief executive officer (CEO) and co-founder of Transaction Software Technologies, and vice president of cash management development at National Data Corporation. Gainer holds a Doctor of Philosophy in Industrial and Operations Engineering and MA in Mathematics from the University of Michigan.
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