Exhibit 23.1

                         CONSENT OF INDEPENDENT AUDITORS

We consent to the incorporation by reference in the Registration Statement (Form
S-8 No. 333-31130) pertaining to the Fundtech Ltd. 1999 Employee Option Plan,
the Fundtech Ltd. 1997 Stock Option Plan for Fundtech Corporation, the 1997
Israeli Share Option Plan, the Fundtech Ltd. 1996 Employee Stock Option Plan for
the Employees of Fundtech Ltd. and the Fundtech Ltd. Directors Option Plan, of
our report, dated February 11, 2002, with respect to the consolidated financial
statements of Fundtech Ltd. included in its Annual Report (Form 10-K) for the
year ended December 31, 2001.



Tel Aviv, Israel
March 29, 2002

                             KOST, FORER and GABBAY
                     A Member of Ernst & Young International