Fundtech to distribute Marathon technology
Fundtech Ltd. (NASDAQ: FNDT), the leading provider of global electronic payment, settlement and cash management solutions announced today that it has signed a software reseller agreement with Marathon Technologies Corporation, a leading provider of automated, fault tolerant-class availability solutions for virtual and physical environments.
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Fundtech will OEM and transparently integrate Marathon's everRun fault tolerant-class technology into its software solutions.
Marathon's everRun line of fault tolerant-class availability products protects Microsoft Windows applications from leading sources of downtime while eliminating the need for costly and complex failover processes, specialized applications, or proprietary server hardware.
"Marathon's everRun software enhances our applications by further protecting our customers from the consequences of planned and unplanned downtime," said Robert Coakley, Senior Vice President, Product Development and Delivery, Fundtech. "This is another example of how Fundtech provides a complete transaction processing solutions to financial services firms."
With its expertise and broad operations in the financial services industry, Fundtech found Marathon's solution to be an ideal complement to its suite of cash management and payments products. After carefully evaluating other availability offerings such as clustering, Fundtech established that everRun was the most reliable, straightforward and cost-effective option.
Turnkey, automated, and simplicity are the cornerstones of the everRun line, which uses embedded intelligent policy management to resolve faults and failures. The primary benefit to the end user is that they are protecting their business by ensuring continuity of operations - simply, at low cost and with complete confidence.
"With their broad array of leading products across the 'financial supply chain,' we are pleased to partner with Fundtech," said Gary Phillips, President and CEO at Marathon. "We look forward to continuing Fundtech's commitment to excellence by further optimizing their application performance."