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FTI returns to Manhattan

06 August 2002  |  2662 views  |  0 FTI returns to Manhattan

Financial Technologies International (FTI) has returned to its original headquarters in the Century 21 building at 22 Cortlandt Street in New York, which it evacuated on September 11.

Since September 11, the firm has run an office in Iselin, New Jersey to serve its 70-plus clients worldwide.

Michael Meriton, president and CEO of FTI, comments: "Our return to Cortlandt Street is indicative of the overall confidence we have in the prospects of both New York City and our financial services clients."

The vendor has also secured a new $35 million financing round which will be used to "pursue strategic business and technology alliances and partnerships," says Meriton.

FTI provides a range of enterprise-wide financial applications to streamline back-office operations.

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