ZALL Smart Commerce and CIC Launch Digital Silk Road Initiative

SINGAPORE, Dec 15, 2020 – (ACN Newswire) – Commodities Intelligence Centre ("CIC") announces a momentous 2020 as it has jointly launched a "Digital Silk Road" initiative led by ZALL Smart Commerce Group ("ZALL"), Asia's leading B2B e-commerce Group, and joined Singapore's Blockchain for Trade & Connectivity (BTC) Network. As Singapore's first global physical commodities B2B e-trade platform powered by blockchain, together with ZALL's latest global digital trading platform, and China's largest online and offline integrated wholesale trading platform "Zallgo", CIC will help Singapore businesses uncover new opportunities and reap the benefits of the global digital trade economy through enhanced digital connectivity, in turn boosting trade across the Asia-Pacific region on the back of the world's largest trade pact, the Regional Comprehensive Economic Partnership (RCEP).

Zallgo was officially launched during the "2020 Global Digital Trade Conference" that was held in Wuhan last month. A total of 300 merchants sign 252 agreements on-site through ZALL's digital platform, amounting to a total of S$56.3 billion (US$42.2 billion) of cooperation agreements. The newly formed partnerships underscore the increasingly important strategic role of CIC in facilitating the expansion of regional trade and investment as it aims to develop more than 10 winning commodities that will be popular worldwide over the next three to five years.

Peter Yu, CEO of Commodities Intelligence Centre, shared, "We have withstood the test of the pandemic and have witnessed the impact of the industrial internet economy on global trade and investment. As digital trade becomes the new engine of global economic growth, digital connectivity becomes increasingly important for companies to expand their market footprint quickly in a safe and secure manner. The new partnerships forged with the Digital Silk Road initiative and BTC network strengthens CIC's existing networks in the region that will enable SMEs to uncover new trading opportunities and optimize their supply chains in cross-border trade through our ecosystem in Asia."

CIC is also one of the six commercial partners to be part of the recently formed Blockchain for Trade & Connectivity (BTC) Network, an initiative by the Singapore University of Social Sciences (SUSS) and Enterprise Singapore (ESG), supported by the National Research Foundation (NRF) to develop a risk assessment framework for small and medium-sized enterprises to assess how blockchain can support their business needs.

The BTC network was officially launched at the sidelines of the Singapore Week of Innovation and Technology (SWITCH) on 7 December 2020. The BTC network to drive innovation and test bedding of blockchain solutions with multimodal global supply chain companies, digital trading platforms and technologies. Other five commercial partners who will be helping to create, trial and lead the BTC Network's implementation includes Ascent Solutions, Blockchain-based Service Network, GeTS, Trames and VeChain Technology.

"CIC is well-placed to provide the necessary tools and guidance in promoting greater efficiency and transparency across global supply chains to help SMEs embrace the power of digitalisation to explore opportunities, casting their net wider, reaching out to a larger pool of reliable partners and suppliers beyond their usual reach," added Peter.

Since the start of the year, CIC's platform has reported more than 20 per cent increase in customers joining their platform compared to the same period last year. The company also saw a surge in online transactions with over 4,000 customers searching for trading opportunities on the platform on a daily basis. CIC has since achieved a gross merchandise volume of US$13.2 billion (S$17.6 billion), with over 5,200 registered users covering markets, including Singapore, Malaysia, Indonesia, India and China, among other countries in Asia.

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$12.7 billion (S$17.7 billion), with over 5,000 registered users covering markets including Singapore, Malaysia, Indonesia, India, China, among other countries in Asia. For more information, please visit www.cic-tp.com.

For media queries, please contact
PRecious Communications for CIC
cic@preciouscomms.com

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

Tiger Broker Singapore’s Parent Company UP Fintech Sees 1 Million Customers Worldwide, Driven by More Than Triple Increase in Quarterly Account Openings in Singapore

SINGAPORE, Dec 2, 2020 – (ACN Newswire) – Xiaomi-backed Tiger Brokers Singapore today announced a 3-fold momentous growth in account openings during 3Q 2020 as compared to 2Q 2020. Tiger Brokers Singapore also saw an increase in trading value by 540 per cent as compared to 2Q2020. The Technology and Electronic Vehicles (EV) sectors has seen the most amount of interest with demand for companies such as APPLE, TESLA, NIO, due to investors' positive expectations for the companies in the long run.

This growth was driven by an increased interest in investing during this period, due to a digitally-driven lifestyle cultivated during the pandemic where more Singapore investors tried online trading. A recent report (e-Conomy SEA 2020) showed a regional trend towards the digitalisation in finance, where Investment Assets under management in the region is expected to grow to US$84 billion in 2025 at a Compound Annual Rate Growth (CAGR) of 32 per cent. The online trading platform launched in February this year, and 30 per cent of its users in Singapore aged between 18-24 years old.

Tiger Brokers Singapore also enhanced their platform during this period, providing access to top exchanges around the world for their investors. They launched access to the Singapore Exchange (SGX) and Australian Securities Exchange (ASX) in June and September this year, and coupled with an attractive low commission fee, allowing Singapore-based investors the ability to access more than 7 global exchanges for their investment needs. The fintech also taps on both traditional and digital communications methods to ensure that investors can contact them easily via landline and social media respectively.

Eng Thiam Choon, CEO of Tiger Brokers Singapore, shared, "2020 is a pivotal year for Tiger Brokers Singapore as we continue to capitalise on growing market opportunities catapulted by the increase in digital finance during the past few months. As we continue to see an increased number of investors who have recently adopted online trading, our team continues to ensure that both the online and mobile platforms offer superior functions and solutions to allow investors to be equipped with the necessary tools for a smooth trading process. We look forward to helping our clients expand their investment choices further with our holistic suite of products and access to additional markets in the near future."

"Our data also showed that our investors were aware of and were reacting to investment trends caused by COVID-19. Clients were generally cautious in investments after the worst of the volatility was over, as evidenced by relative account openings in November as we have recorded our best month in terms of client onboarding so far this year."

Tiger Broker Singapore aims to increase their platform users by 50 per cent by Q1 of 2021. To do so, they are constantly improving their platform's user experience by looking to add more products by early next year. They will also be participating at this years' Singapore Fintech Festival as a Silver Sponsor to share more information around the current investment climate.

Tiger Brokers Singapore taps on the expertise and insights provided by leading online brokerage firm, UP Fintech Holdings (UP Fintech) that focuses on global Chinese investors, to help drive fintech innovation in Singapore and Southeast Asia. UP Fintech's Q3 earnings shared a triple digital growth of 148.2 per cent y-o-y to US$38 million. The group also had a record high triple digital growth as trading volume reached US$62.8 billion while client assets also reached a new high of US$10.9 billion as of November 25, 2020, an increase of 188.1 per cent from a year ago.

The Tiger Trade mobile application is available for download on Apple App store (https://apps.apple.com/sg/app/id1023600494) and Google Play store (https://play.google.com/store/apps/details?id=com.tigerbrokers.stock).

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 – accessible on Google Play Store and the Apple App Store – offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contract (CBBC) on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on Australian, U.S., Hong Kong, Singapore and Australia stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX) and the Singapore Stock Exchange (SGX), Australian Securities Exchange (ASX).

Tiger Brokers Singapore is the Singapore entity of UP Fintech Holding Limited, known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded "2017 Fintech 250" by CB Insights and shortlisted for "China Leading Fintech 50" for two years in a row by KPMG China. The company was listed on NASDAQ under "TIGR" in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 1 million customers worldwide currently, with a total trading volume of more than US$62.8 billion in Q3 2020. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: Tiger@preciouscomms.com

This article has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients ("Prospects") are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects' investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient's information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

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

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

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

iROO raises funds for Rare Disorders Society Singapore

SINGAPORE, Nov 11, 2020 – (ACN Newswire) – Taiwanese fashion label iROO International Pte Ltd (iROO) reunites with Rare Disorders Society Singapore (RDSS) for their third annual charity campaign, specially fronted by Taiwanese celebrity Carolyn Chen. Furthermore, anybody who wants to show their support can download the iROO mobile app and bring home Hope, RDSS's sloth mascot.

Hope represents the many dreams and wishes that RDSS beneficiaries with a rare condition have. Despite their conditions, these children have the same hopes, dreams, and wishes, any children may have. Carrying Hope shows RDSS beneficiaries how much Singaporeans care and supports them.

Anybody in Singapore and Malaysia who wants to support RDSS can get a Hope plushie from iROO. All they need to do is download iROO's mobile application available on iOS and Google Playstore here (https://iroo.onelink.me/lGAb) and purchase Hope for just $49 each. A pair of both plushies can be purchased at $77. Each Hope plushie will come in a limited edition iROO boy's or girl's outfit, making Hope a collectable item. Taiwanese celebrity, Carolyn Chen, known for her roles in "The Bold, The Corrupt, and The Beautiful" and "In the Family", will be hosting a Facebook Live to give away a pair of autographed plushies. https://www.facebook.com/carolyncatfansclub1/

Chief Operating Officer of iROO International Pte Ltd, Emily Huang says, "This is the third year iROO is working with RDSS and every year, we are increasingly proud and inspired by the work RDSS has done. 2020 has been a challenging year for everyone and especially so for RDSS and their beneficiaries. As such, I hope Singaporeans will join iROO in our efforts in providing relief to these families by helping them improve the quality of life of children suffering from rare disorders."

iROO is located at #01-131/132 Great World, #01-179-182 Vivo City, #B2-36 Takashimaya S.C Ngee Ann City, #01-11 Raffles City Shopping Centre and #01-248 Jewel Changi Airport.

About iROO

Taiwanese fashion label iROO was founded in 1999 with the concept of "weekly collections", launching new designs in sync with runway fashion trends each week. With over 80 stores in Taiwan and Singapore, the label aims to deliver an array of high-quality products infused with aesthetically innovative designs at affordable prices. iROO houses a full collection of style wardrobe catering to the needs of every woman with its Black & White Collection, Feminine City Collection, Party Collection, Casual Weekend Collection, and the "Accessory" Collection.

iROO Outlets: Great World, Vivo City, Takashimaya S.C Ngee Ann City, Raffles City Shopping Centre & Jewel Changi Airport.

– Facebook: www.facebook.com/iroosingapore
– Instagram: @iroosg
– Website: www.rdss.org.sg
– Hashtags: #carryhope2020 #carryhoperdss #iROORDSS
– App: https://iroo.onelink.me/lGAb

For more information, please contact:
Danielle Chow
Fresh Communications
T: +65 97277766
E: danielle@freshcomms.sg

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

XanPool Launches XanPay – New and More Efficient form of Payment Routing

HONG KONG, Nov 9, 2020 – (ACN Newswire) – Hong Kong-based Fintech Company XanPool (the "Company") having just raised raised it's US$4.3 million in a Pre-A financing last quarter, is pleased to announce that it has launched its latest, product XanPay.

XanPay is a unique payment routing technology that utilizes the Company's proprietary C2C-routing-technology and its network of Digital Currency Liquidity Providers to enable cross-border payments between payment service providers, merchants and their customers. XanPay's software allows its partners to instantly route and settle their cross border payments without any custody risk, simply by integrating with XanPay's REST API.

What this means in practice, is that payment service providers that use XanPay's routing technology, are now able to settle their merchant payments instantly, at minimal cost. Whereas conventional payment routing requires long settlement times – from days to weeks – to clear payments between merchant and customer.

The Company is currently already integrated with over 20 payment service providers and merchant acquirers in Asia, helping them route cross border payments in seconds instead of days, without taking custody of their customers' funds throughout the entire process.

XanPay's routing technology currently supports over 15+ countries and currencies including but not limited to Hong Kong S.A.R., Pakistan, Bangladesh, Russia, China, Japan, Korea, Australia, New Zealand, Singapore, Malaysia, Philippines, Indonesia, India, and Vietnam, connecting the currencies and local payment methods of over 50% of the world's population into a single software stack.

Commenting on the XanPay launch, Daniel De Weyer, previously the Global Clients Director at SWIFT (the world's oldest and most established payment routing company), now having joined XanPay full time, said, "I'm incredibly excited about the XanPay product. Having worked for over 20 years at SWIFT, I instantly saw the value of XanPay's C2C-rounting-technology alongside the usage of Digital Currencies. I have big ambitions for XanPay, and am excited to grow it into an organization with global capabilities making it the go to routing provider for local, regional and global clients".

Evonne Tan, Business Manager at XanPay, said, "Our aim is to offer our business partners and merchants the quickest and most affordable infrastructure for the routing of money across the region (to enable cross-border payments); The interesting thing about XanPay's infrastructure is that the more businesses use it, the faster and cheaper it becomes. This occurs when our C2C network volumes increase, which allows us to optimize our network liquidity better."

Merchants in Asia are encumbered by legacy payments routing institutions, intermediaries, and infrastructure, forcing these merchants to have to contend with high costs and long settlement periods. Digital Currencies routed through XanPay's C2C network can enable instant, cross-border routing and settlement, cutting out a lot of middlemen. Such as, for example, a Bangladeshi merchant will be able to accept Singapore dollars with Paynow, while receiving Bangladeshi Taka into his bank account within a few minutes.

Jeffery Liu, Chief Executive Officer at XanPool, and Daniel De Weyer, Director of Banking Relationships at XanPool are available for interviews.

Media contact
Company: XanPool
Contact: Fred Tan, Marketing & PR Manager
Email: Fred@XanPool.com & Support@XanPool.com
Phone: +852 5334 3110 (for Whatsapp Only)
Website: https://xanpool.com/

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