Founder Institute (FI) announces Pacer Ventures as Investor in Residence for its African Accelerators

PALO ALTO & LAGOS, Dec 14, 2020 – (ACN Newswire) – Founder Institute (FI), the world's largest pre-seed startup accelerator, today announces Pacer Ventures as 'Investor in Residence' for the Founder Institute's African Accelerator program. As part of the program, all startups that graduate the Founder Institute in Africa will be reviewed by Pacer Ventures for potential investment in their seed or pre-seed round of funding.

This development follows the announcement of Founder Institute as a strategic partner of Pacer Ventures for African early-stage start-ups that are solving some of the most critical problems on the continent. Pacer VC's purpose is aligned with FI's mission to empower communities of talented and motivated people to build impactful, technology-enabled companies worldwide.

"FI is quickly becoming the gold standard for pre-seed acceleration in Africa," says Ryan Micheletti, Head of Global Operations for the Founder Institute. "We are excited to strengthen our leadership position by partnering with Pacer Ventures to foster investment in FI Alumni all across the Continent."

FI has an Alumni strength of 100+ companies tackling various challenges across the continent and this is bound to grow with FI's expanded footprint in Africa and Pacer's move to increase access to early-stage funding.

Managing Partner of Pacer Ventures, Gbemi Akande, sees value in formalizing the partnership with the Silicon Valley based program. "Our partnership is in line with what Pacer VC was set up to accomplish. By partnering with Founder Institute, we at Pacer VC will accelerate our mission of supporting early stage companies. It is a win-win and we look forward to a mutually beneficial collaboration with FI."

Pacer Ventures was one of a handful of new funds selected to pitch to a global gathering of limited partners from around the world at the VC Lab Venture Forum, which has also led to increased interest from LPs around the world.

Geoffrey Weli-Wosu, General Partner at Pacer Ventures, said, "Founder Institute stands out as one of the top pre-seed accelerators across the African continent. Pacer Ventures is committed to supporting startups coming out of the program who can support the transformation of the continent."

Pacer Ventures will continue to leverage its strategic partnership with Founder Institute chapters throughout Africa to identify and recommend winning teams with scalable solutions that meet market needs. Similarly, Pacer Ventures has partnered with techbuild.africa to provide marketing and promotional support for FI portfolio companies across Africa.

General Partner at Pacer Ventures and FI Regional Director, Chukwuemeka Fred Agbata stated, "Africa faces many challenges, but within every challenge lies opportunity and young people are leveraging technology to solve these problems across the Continent. It is our duty to inspire and fund the entrepreneurs who are building valuable solutions to our most pressing problems. Africa is the future, and investors and LPs are now becoming aware of this."

About Founder Institute

Founder Institute is the world's largest pre-seed startup accelerator. Since 2009, we have helped over 4,500 entrepreneurs get the focus and support needed to build a business that matters. Based in Silicon Valley with chapters across 90 countries, Founder Institute's mission is to empower communities of talented and motivated people to build impactful technology companies worldwide. To learn more, please visit http://fi.co.

About Pacer Ventures

Pacer Ventures has a strategic relationship with Founder Institute, the world's premier pre-seed startup accelerator, to provide investment thesis support, structure, templates, tools, deal flow, potential seed, and mentorship support across all segments of the funding operation for African startups.

Pacer email: info@pacer.vc
Official website: https://pacer.vc/
Pacer blog: https://pacer.vc/blog/
Twitter: https://twitter.com/pacerventures
LinkedIn: https://linkedin.com/company/pacerventures/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Named a ServiceNow Elite Partner in the ServiceNow Technology Partner Program

Dallas, TX, Dec 9, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced that it has been named a ServiceNow Elite Partner in the ServiceNow Technology Partner Program. As an Elite Partner, Trintech is also announcing a new financial close automation solution, CadencyDirect, available through the ServiceNow Store. CadencyDirect is designed to leverage the Now Platform and is among the first integrations of digital workflows for the office of finance.

CadencyDirect is built on Trintech's industry-leading Cadency(R) solution that combines all financial close activities into a single, seamless process, including operational matching, intercompany transaction management, balance sheet reconciliations, journal entry management, close task management and compliance. Cadency supports 100s of ERP instances including SAP(R), Oracle(R) and NetSuite(R). Cadency clients include ABB, Albertsons, AON, Carlson Wagonlit Travel, GSK, Ingram Micro, Kroger, Microsoft, Sanofi, Secure Trust Bank, Uber, Volvo AB, and Western & Southern.

"Enterprise organizations are facing complex, new challenges as they work to scale and grow in the current environment," said Teresa Mackintosh, CEO at Trintech. "A comprehensive digital workflow transformation is vital to their future success, and our partnership with ServiceNow brings together two enterprise powerhouse offerings – Trintech's CadencyDirect on the ServiceNow platform – to make that transformation achievable."

The solution also provides existing Trintech customers and prospective customers with an ability to expand into the broader ServiceNow portfolio of solutions.

"As 21st century enterprises accelerate their digital transformation efforts, they understand the need to digitize workflows across every department to drive greater efficiencies and better employee experiences," said Karel van der Poel, Senior Vice President, Product Incubation at ServiceNow. "For finance organizations, CadencyDirect complements and extends financial operations management so that CFOs and their teams can digitize workflows across the financial close process – reducing complexity and risk, accelerating the overall process, and driving a greater experience for finance teams."

For more information, please contact either your appropriate ServiceNow or Trintech representative or go to www.trintech.com/CadencyDirect for more information.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kristina Pereira Tully
Vested
650-464-0080
trintech@fullyvested.com

SOURCE: Trintech

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Named a ServiceNow Elite Partner in the ServiceNow Technology Partner Program

The Hong Kong Institute of Directors Announces Winners of Directors Of The Year Awards 2020

HONG KONG, Nov 26, 2020 – (ACN Newswire) – The Hong Kong Institute of Directors ("HKIoD") has announced the winners of Directors Of The Year Awards ("DYA") 2020, which is a project that reaches the milestone of 20th Anniversary. This year, it is themed "Vanguard in Challenging Times".

Dr Christopher To, Chairman of HKIoD, said, "Hong Kong is facing a complex situation that has never been seen before. Unanticipated political developments combined with an unprecedented epidemic and rapid digitisation have made it difficult for the commercial sectors to plan and implement development strategies. Amid such challenging conditions, the foresight and governance capability of business leaders have never been more important. They have to respond quickly to protect the interests of stakeholders, while adhering to corporate principles. Through the Awards, we hope to recognise outstanding directors for their insightfulness, as well as to inspire and encourage corporations to demonstrate outstanding corporate governance. Together, we can overcome any difficulty."

Mr Kenneth Wong, Chairman of 2020 Directors Awards Organising Committee, said, "In the past, it took years to determine whether a business decision was a wise one. Now with the dawn of digitalisation, the cycle of "only the fittest will survive" has accelerated significantly in the business world. We can easily cite examples where companies have quickly turned from prosperity to decline due to a single decision, and vice versa. Today's business leaders need to be more aware of changes, and also be able to quickly adapt to change like never before in order to survive in the challenging environment. The Organising Committee has set the theme for this year's Awards project as 'Vanguard in Challenging Times'. We hope to set a new benchmark for corporate governance in Hong Kong by promoting some successful examples of corporations adapting to changes and overcoming difficulties, so as to be well prepared for future challenges."

Dr Carlye Tsui, CEO of HKIoD, said, "Corporate governance is a dynamic process, especially in today's rapidly changing business environment. Corporate directors must constantly improve themselves and acquire new knowledge. The training provided by HKIoD has been keeping abreast of the market situation and enabling directors to obtain the latest information, so as to face challenges and explore new opportunities confidently. HKIoD has always been committed to providing appropriate director training and guidelines to its members. Moreover, it is also a platform for directors to share and interact with each other, and also to speak out for members and representatives of the business sectors when appropriate."

The winners of DYA 2020 in the various award categories are listed below.

Listed Companies Categories
Executive Directors: Mr Cheong Thard Hoong Managing Director Far East Consortium International Limited
Boards: Board of Directors Karrie International Holdings Limited

Non-listed Companies Categories
Executive Directors:
Ir Kwong Ching Wai Alkin JP Vice Chairman & Chief Executive Hong Yip Holdings Ltd.
Mr Lee Tarn Siong, Amous CEO and Partner FM Investment Hong Kong Limited

Statutory/Non-profit Distributing Organisations Categories
Boards: Board of Directors Insurance Authority

About Directors Of The Year Awards
First launched in 2001, Directors Of The Year Awards were the first ever such Awards organised in Asia. The project has now become an annual project of impact in the community. The objectives are to recognise directors and board of directors for outstanding director practices and corporate governance, to publicise the significance of good corporate governance and to promote awareness of good corporate governance and director professionalism in Hong Kong. Nominations are open to the public. As good corporate governance is vital to all types of organisations, and professional director practices are encouraged from directors in all board roles, the Awards recognise excellence in categories by company types, including listed companies, private companies and statutory/non-profit-distributing organisations, and categories by roles, including Executive Directors, Non-Executive Directors and Boards. For more details on the previous years' Awards, please visit http://www.hkiod.com/dya-awardees.html.

About The Hong Kong Institute of Directors
The Hong Kong Institute of Directors is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. Website: http://www.hkiod.com.

Media Enquiries:
Strategic Public Relations Group Limited
Eveline Wan +852 2864 4822 / eveline.wan@sprg.com.hk
Brenda Chan +852 2114 4396 / brenda.chan@sprg.com.hk
Chak Yau +852 2114 4395 / chak.yau@sprg.com.hk

Directors Of The Year Awards 2019 Enquiries:
The Hong Kong Institute of Directors
Odessa So +852 2889 4988 / odessa.so@hkiod.com
Moni Ching +852 2889 1414 / moni.ching@hkiod.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The Hong Kong Institute of Directors Announces Winners of Directors Of The Year Awards 2020

Trintech Announces the Expansion of Its Executive Team with the Addition of a Chief Human Resources Officer

DALLAS, TX / ACCESSWIRE, Nov 25, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced the appointment of Felicia Taylor as Chief Human Resources Officer (CHRO) of Trintech. With a focus on our employees, Taylor will help Trintech continue to build an engaged, inclusive, and high-performing culture. She will lead all aspects of human resources, including talent acquisition, talent development and learning, business partnerships, organizational development and effectiveness, compensation and benefits, diversity, inclusion and belonging, and operations and systems.

"Businesses don't create value; people do. Our employees are the heart of our business, which is why I am thrilled to announce the addition of a CHRO focused on continuing to provide our employees with a great place to work and ways to grow and develop their careers," said Teresa Mackintosh, Chief Executive Officer of Trintech. "Felicia's strong track record and rich experience in talent development and change management across international teams will help us to ensure we continue to build an agile culture of inclusivity and personal growth for all while attracting the talent of tomorrow to meet the evolving needs of our customers in this digital world."

Taylor joins the Trintech team with more than 20 years of experience holding global HR leadership roles spanning industries such as technology, multi-unit retail, and advertising. She is a creative and innovative global human resources executive with experience in developing human capital solutions to help businesses scale and transform. Her broad experience includes culture cultivation & design, change management, HR strategy, employee experience & engagement, M&A, total rewards, compensation strategies, and talent acquisition & retention. Prior to joining Trintech, Taylor was the Multifamily Division HR Vice President for RealPage (NASDAQ: RP). She also served as the Chief Vibe Officer and Head of Human Resources for VARI (formerly VARIDESK). Taylor earned her bachelor's degree in Human Resources Management and holds her SPHR and PHR-CA certifications.

"I am very excited to be joining Trintech as CHRO to continue building upon the strong foundation of practices Trintech already has in place today," said Felicia Taylor, Chief Human Resources Officer of Trintech. "It is evident to me that the Executive Leadership Team prioritizes a customer and people-centric culture and passion for innovation, and I look forward to partnering with the team to develop a progressive and aligned global HR strategy to support an environment where talent and culture continue to be a foundational and driving factor in the success of Trintech."

Trintech has been named One of Dallas/Fort Worth's Best and Brightest Companies to Work For® by the National Association for Business Resources for the past 4 years in a row.

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure and fiduciary reporting, and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency® Platform, Adra® Suite, and targeted tools, ReconNET™, T-Recs®, and UPCS®, help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Ireland, the Netherlands, and the Nordics, as well as strategic partners in South Africa, Latin America, and Asia Pacific. To learn more about Trintech, visit www.trintech.com, or connect with us on LinkedIn, Facebook, and Twitter.

Media Contact:
Kristina Pereira Tully
Vested
650-464-0080
trintech@fullyvested.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Client ABB Named Winner in 13th Annual Ventana Research Digital Leadership Awards

DALLAS, TX / ACCESSWIRE, Nov 24, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB, a leading global engineering company, has been named the winner in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards. ABB's win is attributed to its innovative use of Trintech's Cadency solution, standardizing its Record to Report process and generating increased efficiency across its global team.

"Technology is essential but achieving the most from technology requires leadership to implement change," notes Robert Kugel, Senior Vice President and Research Director at Ventana Research. "We gave ABB and Trintech our 2020 Digital Leadership award for having successfully tackled an ambitious close process digitization and standardization project in a decentralized worldwide organization."

In its 13th year, the Ventana Research Digital Leadership Awards program showcases "the leadership and use of business applications or technology that contribute significantly to improved efficiency, productivity and the performance of their organization." ABB partnered with Trintech and Capgemini to standardize the firm's Record to Report process, with a focus on balance sheet reconciliation, month-end closing and manual journal entries. With Trintech's Cadency solution, ABB realized greater efficiencies through streamlined policies designed to fit the needs of its specific compliance framework and more effectively manage live data to support its Record to Report process. Cadency has also provided ABB with scalability across the firm's global operations, centralizing core financial processes.

"Cadency has been instrumental in driving harmonization across our complex, multi-ERP environment," said Luca Condosta, Record to Report Group Finance Process Owner at ABB. "With the Cadency solution, we now have full visibility of our global closing and account reconciliation processes right at our fingertips."

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

About ABB

ABB (ABBN: SIX Swiss Ex) is a leading global engineering company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB's success is driven by 110,000 talented employees in over 100 countries. www.abb.com

Media Contact:
Kristina Pereira Tully
Vested
650-464-0080
trintech@fullyvested.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Commodities Intelligence Centre to groom Global Commodity Champions On the Back of RCEP

SINGAPORE, Nov 24, 2020 – (ACN Newswire) – Commodities Intelligence Centre (CIC), a B2B e-trade platform for physical commodities, has announced its plans to groom one Global Commodity Champion from each participating country of the Regional Comprehensive Economic Partnership (RCEP). Since the start of year, CIC has reported more than 20% increases in customers joining the platform compared to the same period last year, and a surge in online transactions with over 4,000 customers searching for trading opportunities on the platform. CIC has since achieved a gross merchandise volume of US$13.2 billion (S$17.7 billion), with over 5,200 registered users covering markets, including Singapore, Malaysia, Indonesia, India and China, among other countries in Asia. CIC looks to develop more than ten Global Commodity Champions over the next three to five years, as it strives to uncover new trading opportunities and boost global trade facilitation on the back of RCEP.

Peter Yu, Chief Executive Officer of Commodities Intelligence Centre, shared, "The coronavirus has radically reshaped the global supply chain, exposing the fragility of the industry. We believe that CIC is well-placed to empower companies, especially SMEs, from RCEP member countries to uncover new market opportunities and identify reliable partners and suppliers, while building business resilience and extending the global reach of their supply chains during this difficult period."

The RCEP is the world's largest trade pact signed by 15 countries in the Asia-Pacific region. It aims to eliminate as much as 90 per cent of tariffs on imports between member countries over the next 20 years, and will improve market access for goods and services within the region. RCEP members comprise all 10 ASEAN members and key partners, such as Australia, China, Japan, South Korea and New Zealand, accounting for 30 per cent of the world's economy and one-third of its population.

"The work that CIC has been doing for the past two years resonates strongly with the recently launched Regional Comprehensive Economic Partnership – to help participating countries establish a mutually beneficial economic partnership that will facilitate the expansion of regional trade and investment and contribute to global economic development and growth." added Peter.

Established in 2018 as a Joint Venture between Asia's leading B2B e-commerce group ZALL Smart Commerce Group, Global eTrade Services (GeTS) and Singapore Exchange (SGX), CIC platform supports 10 different languages encompassing RCEP member countries, and provides integrated services that help SMEs reduce transaction costs, optimise the efficiency of their supply chains across cross-border trading, financing, logistics and to be regulatory compliant. CIC also provides access to unique commodity offerings of participating RCEP countries, such as clean and renewable energy.

Recently, CIC has also successfully facilitated large-scale renewable energy transactions between customers from Australian, India and South Korea, with the official signing set to take place during this year's Global Digital Trade Conference 2020 and the 11th China Wuhan (Hankou North) Commodity Fair from November 28 to December 6.

About Commodities Intelligence Centre (CIC)

The Commodities Intelligence Centre (CIC) is a global trading platform for physical commodities including Ferrous & Non-Ferrous Metals, Chemicals & Plastics, Oil & Petroleum, and Agri Commodities. Officially launched in Singapore on 12 Oct 2018, CIC is a Joint Venture between China-based ZALL Smart Commerce Group, Global eTrade Services (GeTS) and Singapore Exchange (SGX) to build trade connectivity through digital marketplaces and to grow a vibrant trading ecosystem in Singapore.

CIC aims to revolutionize commodity trading and facilitate cross-border trade through deal matching, trade finance, supply chain logistics, track and trace and global trade compliance. Since its establishment in October 2018, CIC has achieved a GMV (Gross Merchandise Volume) of more than US$13.2 billion, with over 5,200 registered users covering markets including Singapore, Malaysia, Indonesia, India, China, among other countries in Asia.

For media enquiries
PRecious Communications for Commodities Intelligence Centre
Email: CIC@preciouscomms.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

FE Credit to issue JCB Card in Vietnam

HO CHI MINH & TOKYO, Nov 19, 2020 – (ACN Newswire) – VPBank Finance Company Limited (FE Credit) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand announced the launch of the FE Credit JCB Credit Card.

FE Credit JCB Plus Card

FE Credit JCB Gold Card

The new FE Credit JCB Card has 2 different card grades: FE Credit JCB Plus Card and FE Credit JCB Gold Card. The holders of FE Credit JCB Card can access JCB's acceptance network with about 34 million merchants around the world.

FE Credit pioneered Credit Cards for category entrants and first time card users in Vietnam. These two products from FE Credit Card powered by JCB are loaded with features and benefits which resonate with the needs of the target segment. A few examples of these unique offerings are, Oi Plus Program – a flagship loyalty program that rewards cardholders on their everyday spending, EasyPay – one of Vietnam's largest 0% retail installment program, and Selfie PLUS – one-click mobile-to-card image upload solution.

About FE Credit

A pioneer in Consumer Finance, FE CREDIT has established a solid foundation to become the market leader in the unsecured consumer loans and credit card market with more than 20,000 employees. FE CREDIT currently provides consumer finance services such as personal loans, two-wheeler loans, consumer durable loans, credit cards and insurance. FE CREDIT has served nearly 15 million customers, co-operating with 9,000 partners across 20,000 Point of Sale (POS) outlets nationwide.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes over 34 million merchants in the world. JCB Cards are now issued in 24 countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contact
JCB
Kumiko Kida, Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@jcb.co.jp

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Expands to Meet Demand for Leading Mid-Market Solution, Adra

DALLAS, TX / ACCESSWIRE, Nov 19, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced at its virtual Trintech Connect Adra User Conference, the expansion of its Australian Data Centre with an expanded in country team to meet the needs of mid-market customers using its Adra solution in the region. With these investments, Adra customers will benefit from higher performance and robust support for data governance requirements.

"At Trintech, we are relentlessly committed to ensuring our customers are supported by not only the strength of our solutions, but also the expertise of our people," said Darren Heffernan, President, Mid-Market at Trintech. "This investment reinforces our dedication to ensuring a best-in-class experience wherever our customers are globally. With this newly expanded data centre, our customers can be assured that their data is housed in some of the world's most secure, high-end facilities, offering the highest industry standard levels of uptime, security and reliability – and compliant with governance and financial regulatory policies."

"Trintech has several consulting partners in the APAC region who are also excited about this investment, a positive and forward-looking move to help meet the needs of global mid-market customers and those operating specifically in this region," said Tim Green, Director of Green Cloud Consulting. "This investment enables mid-market companies in the APAC region to leverage Trintech's industry-leading financial close solution, Adra, in complete compliance with onshore data requirements."

"We continue to see rapid adoption and expansion of our Adra solution in the APAC region," said Fintan Diviney, Director, APAC Sales at Trintech. "We are excited about the upcoming opportunities to serve a growing number of companies in industries such as government, semi-government and financial services, who now have a financial close solution available to them that meets their onshore data security requirements."

Earlier this year, Trintech released Adra Analytics, which enables continuous improvement of the close cycle by providing data independence and reporting flexibility. Adra Analytics data can be used natively in Adra or in combination with internal data sets to create company tailored actionable insights in your business intelligence tool of choice (i.e. Power BI, Tableau).

The latest enhancements to Adra Analytics, being shown today at the Trintech Connect Adra User Conference, meet the needs of mid-market organizations to easily evaluate close performance trends and answer crucial organization-specific questions with robust data. Customers who have implemented Adra Analytics are able to easily share company specific internal control KPIs and evaluate variances over time to highlight focus areas. Some of the benefits these customers are seeing include the ability to:

– Measure close process efficiency and quality, as a starting point for continuous improvements over time
– Measure the quality of reconciliations over time
– Measure the timely completion of reconciliations over time
– Answer organization-specific questions and address organizational use cases

Heffernan kicked off the last day of Trintech Connect 2020 with some thoughts on making sense of big, complex data. "It's all about intelligence. How can I turn data into intelligence?," concluded Heffernan. "Adra Analytics can help organizations with this."

About Trintech

Trintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency® Platform, Adra® Suite, and targeted tools, ReconNET™, T-Recs®, and UPCS®, help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kristina Pereira Tully
Vested
650-464-0080
trintech@fullyvested.com

SOURCE: Trintech, Inc.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com