DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-94,240

FINASTRA MERCHANT SERVICES, INC.
F/K/A BSERV
INCLUDING WORKERS WHOSE WAGES WERE REPORTED THROUGH
FINASTRA FINANCIAL TECHNOLOGY CORPORATION (F/K/A FUNDTECH),
A SUBSIDIARY OF FINASTRA USA CORPORATION
SAN FRANCISCO, CALIFORNIA

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended ("Act"), 19 U.S.C. § 2273, the Department of Labor
herein presents the results of an investigation regarding
certification of eligibility to apply for worker adjustment
assistance.
The group eligibility requirements for workers of a firm
under Section 222(a) of the Act, 19 U.S.C. § 2272(a), are
satisfied if the following criteria are met:
(1) a significant number or proportion of the
workers in such workers' firm have become totally or
partially separated, or are threatened to become
totally or partially separated;
(2)(B)(i)(I) there has been a shift by the workers'
firm to a foreign country in the production of
articles or supply of services like or directly
competitive with those produced/supplied by the
workers' firm; OR
(II) there has been an acquisition from a
foreign country by the workers' firm of
articles/services that are like or directly
competitive with those produced/supplied by
the workers' firm; AND
(ii) the shift/acquisition must have contributed
importantly to the workers' separation or
threat of separation.

The investigation was initiated in response to a petition
filed on October 17, 2018 by a state workforce office on behalf
of workers of Finastra Merchant Services, Inc., f/k/a Bserv,
including workers whose wages were reported through Finastra
Financial Technology Corporation (f/k/a Fundtech), a Subsidiary
of Finastra USA Corporation, San Francisco, California
(Finastra). The workers' firm is supplier of technology services
to the financial industry. Workers supply a range of services,
including but not limited to product support, global services,
financial services, customer support, and corporate services.
During the course of the investigation, information was
collected from the workers' firm, the petition, and other
sources.
Section 222(a)(1) has been met because a significant
number or proportion of the workers in such workers' firm have
become totally or partially separated, or are threatened to
become totally or partially separated.
Section 222(a)(2)(B) has been met because the workers'
firm has shifted to a foreign country the supply of services
like or directly competitive with the services supplied by the
workers which contributed importantly to worker group
separations at Finastra.
Conclusion
After careful review of the facts obtained in the
investigation, I determine that workers of Finastra, who are
engaged in activities related to the supply of technology
services, and corporate services meet the worker group
certification criteria under Section 222(a) of the Act, 19
U.S.C. § 2272(a). In accordance with Section 223 of the Act, 19
U.S.C. § 2273, I make the following certification:
"All workers of Finastra Merchant Services, Inc., f/k/a
Bserv, including workers whose wages were reported through
Finastra Financial Technology Corporation (f/k/a Fundtech),
a Subsidiary of Finastra USA Corporation, San Francisco,
California, who became totally or partially separated from
employment on or after October 16, 2017 through two years
from the date of certification, and all workers in the
group threatened with total or partial separation from
employment on the date of certification through two years
from the date of certification, are eligible to apply for
adjustment assistance under Chapter 2 of Title II of the
Trade Act of 1974, as amended."
Signed in Washington, D.C. this 30th day of November 2018.

/s/Del Min Amy Chen
______________________________
DEL MIN AMY CHEN
Certifying Officer, Office of
Trade Adjustment Assistance