/retail
Fundtech Ltd. (NASDAQ: FNDT), a leading provider of payments, cash management and settlement software and services, announced that its ASP (Application Services Provider also known as managed services) business has experienced significant growth worldwide in 2003. Globally, the company's ASP revenue grew over 40% in 2003; in the US market, sales grew almost 150% year over year. The company now provides ASP services to over 100 banking and brokerage clients throughout the world from its facilities in Atlanta GA, San Leandro, CA and Zurich Switzerland.