Trintech Offers Cadency Close Management at No Cost to Help Large Enterprises Manage Their Close Process Virtually

DALLAS, TX / ACCESSWIRE, Apr 16, 2020 – (ACN Newswire) – As finance & accounting (F&A) teams adjust to a new way of working with a dispersed remote workforce, Trintech announces that its enterprise-grade Cadency Close Management solution will be available at no cost, for up to 6 months, to help large enterprises manage their close process virtually. With this offer, Trintech's professional services team will assist in the implementation and configuration of the solution including building, organizing and importing your close checklist into Cadency. In addition, they will provide training and support to help your team achieve greater visibility and control, leading to a more resilient organization.

"We operate in 40 countries, have 225 entities, and buy 6-12 companies a year," said Jim Agnew, SVP Corporate Controller at Ingram Micro, Inc. "With Cadency Close, we have visibility into the financial close process daily, as well as harmonization and standardization across all our countries and entities. So, a close process being done in Peru is the same process being done in Germany or the United States."

Cadency Close Management integrates with all key Record to Report activities including account reconciliation and certification, journal entry management and compliance, quickly preventing "white space" breakdowns. With a dashboard-driven management framework, the solution allows your finance team to identify bottlenecks and communicate potential issues early and often, greatly reducing the possibility of missed deadlines. In addition, an eBinder creates a thorough record of all actions, making it easy to retrace every facet of the financial close. According to a third-party research study, Cadency Close Management customers have seen up to a 30% reduction in time to complete close tasks and up to a 99% reduction in time to support external auditors[1].

"Transparency, automation and standardization have always been critical to Finance & Accounting organizations, but the transition to a completely remote workforce has only exacerbated this need," said Teresa Mackintosh, Chief Executive Officer at Trintech. "As a trusted advisor to finance and accounting professionals across the globe, we want to ensure we are providing these organizations with as many resources as possible to help drive their businesses forward and alleviate some stress during this time. This offering will provide new and existing customers increased visibility and control, leading to a more resilient organization."

Included with the offering of the Cadency Close Management solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials, a knowledge base, and forums where you can ask questions and share best practices with other Cadency Close Management users.

"During this unprecedented time, Cadency along with our teams have helped to ensure the accuracy and quality of our financial statements while working remotely," said Jackie Peters, General Accounting Design, Process and Systems Senior Manager at HP.

Trintech is also working very closely with our strategic partners, such as KPMG LLP, to help customers adapt to this new environment and prepare them for what to expect. Trintech and KPMG will be hosting a virtual panel on Thursday, April 16th, to give companies insight into topics like, how this new way of working will affect the next audit cycle, how to conduct a virtual close, and the risks to consider from a cybersecurity perspective when working in a virtual environment.

"With the global workforce shifting to new delivery models, we've seen clients that have embraced technologies such as Cadency more quickly in order to adapt to unique circumstances brought about by COVID-19," said Scott Cohen, Advisory, KPMG LLP. "It is more important than ever to strengthen organizations through technology and promote collaboration, remote etiquette, and visibility as we navigate our recovery and new reality."

If you are interested in using the Cadency Close Management solution, you can contact us here to get started. https://go.trintech.com/Cadency-Close-Offer-NA.html

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

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 KPMG LLP

KPMG is one of the world's leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world's largest and most prestigious organizations. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 219,000 professionals working in 147 countries and territories. Learn more at www.kpmg.com/us.

[1] 2017 Cadency ROI Study, Hobson & Company

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

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

Trintech Offers Cadency Close Management at No Cost to Help Large Enterprises Manage Their Close Process Virtually

DALLAS, TX / ACCESSWIRE, Apr 16, 2020 – (ACN Newswire) – As finance & accounting (F&A) teams adjust to a new way of working with a dispersed remote workforce, Trintech announces that its enterprise-grade Cadency Close Management solution will be available at no cost, for up to 6 months, to help large enterprises manage their close process virtually. With this offer, Trintech's professional services team will assist in the implementation and configuration of the solution including building, organizing and importing your close checklist into Cadency. In addition, they will provide training and support to help your team achieve greater visibility and control, leading to a more resilient organization.

"We operate in 40 countries, have 225 entities, and buy 6-12 companies a year," said Jim Agnew, SVP Corporate Controller at Ingram Micro, Inc. "With Cadency Close, we have visibility into the financial close process daily, as well as harmonization and standardization across all our countries and entities. So, a close process being done in Peru is the same process being done in Germany or the United States."

Cadency Close Management integrates with all key Record to Report activities including account reconciliation and certification, journal entry management and compliance, quickly preventing "white space" breakdowns. With a dashboard-driven management framework, the solution allows your finance team to identify bottlenecks and communicate potential issues early and often, greatly reducing the possibility of missed deadlines. In addition, an eBinder creates a thorough record of all actions, making it easy to retrace every facet of the financial close. According to a third-party research study, Cadency Close Management customers have seen up to a 30% reduction in time to complete close tasks and up to a 99% reduction in time to support external auditors[1].

"Transparency, automation and standardization have always been critical to Finance & Accounting organizations, but the transition to a completely remote workforce has only exacerbated this need," said Teresa Mackintosh, Chief Executive Officer at Trintech. "As a trusted advisor to finance and accounting professionals across the globe, we want to ensure we are providing these organizations with as many resources as possible to help drive their businesses forward and alleviate some stress during this time. This offering will provide new and existing customers increased visibility and control, leading to a more resilient organization."

Included with the offering of the Cadency Close Management solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials, a knowledge base, and forums where you can ask questions and share best practices with other Cadency Close Management users.

"During this unprecedented time, Cadency along with our teams have helped to ensure the accuracy and quality of our financial statements while working remotely," said Jackie Peters, General Accounting Design, Process and Systems Senior Manager at HP.

Trintech is also working very closely with our strategic partners, such as KPMG LLP, to help customers adapt to this new environment and prepare them for what to expect. Trintech and KPMG will be hosting a virtual panel on Thursday, April 16th, to give companies insight into topics like, how this new way of working will affect the next audit cycle, how to conduct a virtual close, and the risks to consider from a cybersecurity perspective when working in a virtual environment.

"With the global workforce shifting to new delivery models, we've seen clients that have embraced technologies such as Cadency more quickly in order to adapt to unique circumstances brought about by COVID-19," said Scott Cohen, Advisory, KPMG LLP. "It is more important than ever to strengthen organizations through technology and promote collaboration, remote etiquette, and visibility as we navigate our recovery and new reality."

If you are interested in using the Cadency Close Management solution, you can contact us here to get started. https://go.trintech.com/Cadency-Close-Offer-NA.html

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

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 KPMG LLP

KPMG is one of the world's leading professional services firms, providing innovative business solutions and audit, tax, and advisory services to many of the world's largest and most prestigious organizations. KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities. KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 219,000 professionals working in 147 countries and territories. Learn more at www.kpmg.com/us.

[1] 2017 Cadency ROI Study, Hobson & Company

Media Contact:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

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

Trintech Partners with Sage to Help Businesses Simplify and Accelerate Financial Close Processes

DALLAS, TX / ACCESSWIRE, Apr 3, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced a technology partnership with Sage to help companies simplify and accelerate financial close processes. As part of this partnership, Trintech has created a pre-built, Sage Intacct-certified connector for its Adra Suite, allowing companies to reduce the cost and time associated with data integration between the two solutions.

"With this Trintech partnership, businesses leveraging the powerful cloud financial management capabilities of Sage Intacct can seamlessly integrate with Trintech's Adra Suite to achieve greater visibility and control over their financial close process," said Eileen Wiens, VP of Business Development for Sage Intacct.

Currently available in the Sage Intacct Marketplace, Trintech's pre-built, Sage Intacct-certified connector automatically retrieves the data required in the reconciliation and close process, removing manual processing requirements and reducing dependency on internal IT organizations. The connector leverages Sage Intacct APIs to obtain open accounts, limits the request to specific accounts, and retrieves GL balance or transactions for integration with the Adra Suite. With this integration, organizations remove ongoing support and custom code costs – increasing the organizations ROI.

"The combination of Sage Intacct and our Adra Suite helps companies establish an operational framework to reduce expense and time, while better fulfilling organization expectations," said Darren Heffernan, President, Mid-Market at Trintech. "Together, we provide innovative solutions that help finance and accounting teams achieve shorter close cycles and better controls, enabling them to focus their time and effort on helping achieve the strategic directions of their organizations."

Deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), and financial task management and controls (Adra Task Manager).

Businesses interested in the Adra Suite or Sage Intacct solution can request more information at https://www.trintech.com/adra/schedule-a-demo/ or on the Sage Intacct Marketplace.

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:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech

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

US Lighting Group Develops UV LED Light Bulb to Help Fight the Spread of Viral Pathogens Like COVID-19

EASTLAKE, OH / ACCESSWIRE, Apr 3, 2020 – (ACN Newswire) – US Lighting Group, Inc. (OTCPINK:USLG) today announced it is developing a new UV LED Plug-n-Play 4-foot, commercial bulb to replace traditional florescent lights to help combat viral pathogens like COVID-19 using ultraviolet light technology to sterilize surfaces. Paul Spivak, CEO of the US Lighting Group, currently holds two patents issued by the United States Patent and Trademark Office. Patent No. 6828576 and Patent No. 7229467 were issued for UV LED Light Projection Method and Apparatus using ultraviolet and LED lighting technology.

"We are ecstatic to announce that we have engineered the latest Plug-n-Play 4-foot, commercial replacement bulb with our UV LED lighting technology. The US Lighting Group manufactures commercial LED light bulbs, so adding our patented UV LED lights to our existing LED light bulb will put the company light years ahead of the industry," said Paul Spivak, CEO of the US Lighting Group. "These UV LED light bulbs have the potential to disinfect viral agents in critical areas including hospitals, supermarkets, schools, airports, medical labs, senior care centers, fire and police stations. We anticipate a significant growth potential for the company from the development of our new UV LED light bulb."

Scientific research has proven that UV lights have the capability to disinfect pathogens like flus and superbugs. UV LED lighting will be effective in helping to disinfect viral pathogens giving patients, customers, workers and families a measure of protection against the spread of infections. Other applications that use ultraviolet lighting include Vitamin D generation, an essential vitamin which many people lack. The US Lighting Group's UV LED lighting can also be employed in schools, government buildings, office buildings, and hotels. Germicidal UV lighting products have an effective success rate in sterilizing pathogens based on scientific research.

About U.S. Lighting Group, Inc.

US Lighting Group (OTC:USLG) and its wholly owned subsidiary, Intellitronix Corporation, are leading manufacturers of electronics, supplying growth sectors such as LED lighting, custom designed LED products, microprocessor-controlled LED instrumentation, custom private labeled electronics, automotive, RV, and marine electronics, and high-tech robotics utilizing our own in-house proprietary artificial intelligence. The company has manufacturing and R&D facilities in Cleveland, Ohio with an international sales distribution network. www.uslightinggroup.com

Forward-Looking Statements

Statements included in this press release, other than statements of historical fact, are forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are typically, but not always, identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements.

Contact

US Lighting Group
34099 Melinz Pkway, Unit E
Eastlake, OH 44095 USA
T: +1 216.896.7000 ext. 207
shareholder-relations@uslightinggroup.com

SOURCE: US Lighting Group, Inc.

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

Trintech Offers Adra Task Manager at No Cost to Help Organizations Close Their Books Confidently While Working Remotely

DALLAS, TX / ACCESSWIRE, Mar 31, 2020 – (ACN Newswire) – In the midst of the current crisis, many finance & accounting (F&A) teams across the globe are navigating unchartered waters as they approach month end close with a dispersed remote workforce. As a leading provider of financial software solutions, Trintech announced today that its best-in-class Adra Task Manager solution will be available at no cost, for up to 6 months, to help mid-sized organizations close their books confidently while they work remotely. This SaaS-based solution is deployed remotely and can be up and running in minutes, fully functional within a day or two, ensuring accuracy and simplifying your existing processes.

Diane Foss, Director of Finance at Genesis Systems recently stated, "I'm really glad we implemented both Adra Task Manager and Balancer, especially with the current situation. We do have quite a few of our departments working from home now and Adra will help so much in keeping track of where we are at with our upcoming close since we aren't a shout away from each other."

With Adra Task Manager, task lists are built with clear and concise instructions that create ownership and accountability across your remote organization. Real-time dashboards allow managers to check progress anytime and from anywhere to help identify issues that need immediate attention, and to ensure clear, efficient communication. Notifications and alerts keep teams on task, with archived comments to streamline future communications. The approval workflow and built-in segregation of duties provides needed governance and control, with an audit trail automatically created to allow for consistent tracking.

"As someone who has worked in Finance for 20+ years and was the previous CFO of Trintech, I know firsthand how stressful the month-end process can be, especially during a dynamic time like this," said Darren Heffernan, President, Mid-Market at Trintech. "As organizations navigate their new "normal" of working remotely, we will be offering our Adra Task Manager solution at no cost for up to 6 months to help ease this transition. This offering will provide new and existing customers increased visibility and control, helping them close their books confidently each month."

In addition to the offering of the Adra Task Manager solution, organizations can gain full access to Trintech's Customer Success Center consisting of educational online resources and self-led training materials including pre-built templates that simplify setup, a knowledge base, and forums where you can ask questions and share best practices with other Task Manager users.

If you are interested in using the Adra Task Manager solution, you can contact us here to get started. https://go.trintech.com/AdraTaskManager-Offer.html

Currently deployed by over 1,800 companies across the globe, the Adra Suite provides cloud-based, financial close and reconciliation solutions for companies looking to quickly increase the efficiency, control and visibility for all key areas of the financial close process including: balance sheet reconciliations (Adra Balancer), transaction matching (Adra Matcher), and financial task management and controls (Adra Task Manager).

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:
Kelli Shoevlin
+1-972-739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

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

Tiger Trade, the one-stop global trading app, launches in Singapore

SINGAPORE, Mar 13, 2020 – (ACN Newswire) – Tiger Trade, a one-stop mobile trading application by Tiger Brokers, has launched in Singapore. Designed for investors to access the global markets and build global investment portfolios, Tiger Trade offers the most competitive fees and lowest trading minimums in the market for investing in U.S. and Hong Kong securities, futures and options.

Targeting Singapore's mobile-savvy younger generation of retail investors, Tiger Trade offers lowest commissions per trade, for as low as US$0.99 (S$1.39), excluding brokerage and exchange fees. This lowers the barrier of entry to help investors better diversify their portfolio, balancing their investment risk and reward.

Mr Wu Tianhua, CEO of Tiger Brokers, says "Tiger Brokers is very excited with the launch of Tiger Trade, our intuitive global trading app, here in Singapore. With Tiger Brokers' rich broker-dealer experience and Tiger Trade's dynamic multi-currency trading platform, investors will be able to make more informed decisions and better manage their investment portfolio anywhere, anytime."

Tiger Brokers had over 600,000 customer accounts worldwide with a trading volume of US$26.8 billion (S$37.5 billion) for the quarter ending 30 September 2019. "We take pride in our proprietary technology. Tiger Trade's efficient and robust interface creates a user-friendly and seamless experience for our users from account opening to trading right at the fingertips," added Mr Wu.

Tiger Trade creates an unparalleled experience for users, with complimentary real-time stock quotes, dedicated multilingual customer service during trading hours, and 24/7 finance news updates. The app also includes AI-driven data screeners, and easy-to-analyse trading charts, and the convenience of trading across multiple markets with the multi-currency facility, also provided 24/7.

Mr Eng Thiam Choon, CEO of Tiger Brokers (Singapore), leads the Tiger Trade launch in Singapore, with 14 years' experience focusing on institutional clients in the futures industry. "As Singapore positions itself to be the fintech hub in Asia and beyond, Tiger Brokers could be the solution to address Singaporeans' appetite for investment, helping them to diversify their portfolio into international markets at competitive cost rates."

"Having the platform in the form of a mobile application aligns with the mobile-savviness of our users. Coupled with a high per capita income and Singapore's excellent telecommunications infrastructure, it is an opportune time for Tiger Brokers to enter the Singapore market," added Mr Eng.

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

Tiger Brokers (Singapore) is offering new users a chance to win free stocks valued between S$2.50 to S$1,000 by opening a trading account, from now till 31st March 2020. https://www.tigerbrokers.com.sg/market/sem-sg?invite=TIGERSG003

About Tiger Brokers (Singapore) Pte Ltd
Tiger Brokers (Singapore) Pte Ltd is a licensed broker under the Monetary Authority of Singapore (MAS) providing one-stop online brokerage services. Tiger Brokers' one-stop trading platform for global asset allocation serves investment professionals worldwide, and gives investors in Singapore access to fast trade execution along with competitive transaction fees, and advanced technological tools to better manage investment portfolios. For more information, please visit https://www.tigerbrokers.com.sg

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

Tiger Trade, the one-stop global trading app, launches in Singapore

SINGAPORE, Mar 13, 2020 – (ACN Newswire) – Tiger Trade, a one-stop mobile trading application by Tiger Brokers, has launched in Singapore. Designed for investors to access the global markets and build global investment portfolios, Tiger Trade offers one of the most competitive commission fees in the market with the convenience of trading across U.S. and Hong Kong securities, futures and options markets.

Targeting Singapore's mobile-savvy younger generation of retail investors, Tiger Trade offers lowest commissions per trade, for as low as US$0.99 (S$1.39), excluding brokerage and exchange fees. This lowers the barrier of entry to help investors better diversify their portfolio, balancing their investment risk and reward.

Mr Wu Tianhua, CEO of Tiger Brokers, says "Tiger Brokers is very excited with the launch of Tiger Trade, our intuitive global trading app, here in Singapore. With Tiger Brokers' rich broker-dealer experience and Tiger Trade's dynamic multi-currency trading platform, investors will be able to make more informed decisions and better manage their investment portfolio anywhere, anytime."

Tiger Brokers had over 600,000 customer accounts worldwide with a trading volume of US$26.8 billion (S$37.5 billion) for the quarter ending 30 September 2019. "We take pride in our proprietary technology. Tiger Trade's efficient and robust interface creates a user-friendly and seamless experience for our users from account opening to trading right at the fingertips," added Mr Wu.

Tiger Trade creates an unparalleled experience for users, with complimentary real-time stock quotes, dedicated multilingual customer service during trading hours, and 24/7 finance news updates. The app also includes AI-driven data screeners, and easy-to-analyse trading charts, and the convenience of trading across multiple markets with the multi-currency facility, also provided 24/7.

Mr Eng Thiam Choon, CEO of Tiger Brokers (Singapore), leads the Tiger Trade launch in Singapore, with 14 years' experience focusing on institutional clients in the futures industry. "As Singapore positions itself to be the fintech hub in Asia and beyond, Tiger Brokers could be the solution to address Singaporeans' appetite for investment, helping them to diversify their portfolio into international markets at competitive cost rates."

"Having the platform in the form of a mobile application aligns with the mobile-savviness of our users. Coupled with a high per capita income and Singapore's excellent telecommunications infrastructure, it is an opportune time for Tiger Brokers to enter the Singapore market," added Mr Eng.

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

Tiger Brokers (Singapore) is offering new users a chance to win free stocks valued between S$2.50 to S$1,000 by opening a trading account, from now till 31st March 2020. https://www.tigerbrokers.com.sg/market/sem-sg?invite=TIGERSG003

Founded in 2014, Tiger Brokers is an online stock brokerage start-up backed by Interactive Brokers Group Inc, Xiaomi Inc, ZhenFund and Wall Street investment guru Jim Rogers. As a rising star in the industry, the Fintech company is committed to serving the best interests of stock investors and being a gateway to build their global portfolios.

Tiger Brokers (Singapore) Pte Ltd is a licensed broker under the Monetary Authority of Singapore (MAS) providing one-stop online brokerage services. Tiger Brokers' one-stop trading platform for global asset allocation serves investment professionals worldwide, and gives investors in Singapore access to fast trade execution with competitive transaction fees and advanced technological tools to better manage investment portfolios.


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

Tookitaki names industry veteran Joe Friscia to scale US, Asia-Pac expansion

Singapore & Charlotte, NC, Mar 4, 2020 – (ACN Newswire) – Tookitaki Holding Pte Ltd, a next-generation regtech with compliance and reconciliation solutions, has appointed industry veteran Joe Friscia, former President of NICE Actimize and BAE Systems, to the Company's Advisory Board. Joe brings 25 years' experience in the financial crime and enterprise software space at a global level. He will help Tookitaki scale operations in the U.S. as well as advise on inroads in the Asia-Pacific.

"As modern-day criminals thrive with the aid of new and advanced methods of conducting financial crimes, machine learning-based technology is rapidly gaining traction in helping future-proof and thwart these evolving threats. For this reason, I am both proud and excited to be part of the Tookitaki team and helping them make Sustainable Compliance a reality," commented Joe Friscia.

With his deep wealth of experience in the financial crime space, Joe's presence will be invaluable in building business momentum and driving growth for Tookitaki as it looks to expand its offerings around financial crime use cases. He will contribute to Tookitaki's strength in business and go-to-market strategy to help position Tookitaki as the leading RegTech advisor helping banks detect sophisticated money laundering patterns with best-in-class enterprise software solutions.

Joe joins the current board that includes former CEO of online mortgage broker LendingTree, Tom Reddin and ex-Managing Partner of McKinsey & Company, Inc., Shailesh Kekre. With the guidance of strategic advisors, Tookitaki is better positioned to deliver on its vision in revolutionizing regulatory compliance and ensure sustainable compliance programs for financial institutions globally.

Abhishek Chatterjee, Tookitaki CEO and co-founder said, "Tookitaki is delighted to welcome Joe as part of the family. Our vision has always been to revolutionize regulatory compliance and ensure sustainable compliance for all financial institutions. With Joe at the helm, we are better placed to deliver on this vision, growing our presence across the U.S. and Asia-Pacific."

About Tookitaki
Tookitaki is innovating the regulatory compliance space, moving beyond rules-based applications and introducing software solutions that maximize efficiency and reduce risks. Tookitaki's award-winning solutions include an Anti-Money Laundering Suite (AMLS) and a Reconciliation Suite (RS). The Company recently teamed up with Broadridge Financial Solutions, Inc. (NYSE:BR), using their award-winning AI and ML technology to deliver a next-generation platform.

Tookitaki's recent USS11.7 million Series A was co-led by Viola Fintech and SIG, with Nomura Holdings' venture arm Nomura Incubation Investment. Others included Illuminate Financial, Jungle Ventures and SEEDs Capital, the capital arm of the Singapore government. Its strategic fundraise, complemented with Joe's appointment, positions the company to help banking and financial institutions stay 'regulator ready', particularly in the face of rising financial crime complexities.

Media Contacts:
KeKommunikation for Tookitaki Asia-Pacific
Tel:+65 6303 0567; E: Tookitaki@kekommunikation.com

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

Trintech Announces Four SAP-Certified Integrations with SAP S/4HANA(R) and SAP NetWeaver(R)

DALLAS, TX / ACCESSWIRE, Feb 19, 2020 – (ACN Newswire) – Trintech, a leading global provider of integrated Record to Report software solutions for the office of finance, today announced successful certifications by the SAP Integration and Certification Center (SAP ICC). Trintech's Cadency(R) 8.0 and Cadency RPA and Journal Management (ERP Bots) have been SAP-certified for integration with both SAP S/4HANA(R) and powered by SAP NetWeaver(R). The latest certifications for Trintech also support deployment and compatibility with all earlier versions of SAP(R) software. The latest certifications include:

– Trintech Cadency V8.0 for SAP ERP (Connectors to extract data out of SAP ERP and import into Cadency)
– Trintech Cadency V8.0 for SAP S/4HANA (Connectors to extract data out of SAP S/4HANA and import into Cadency)
– Trintech RPA and Journal Management V8.0 for SAP ERP (ERP Bots for automating Close and JE tasks within SAP ERP with bi-directional connectivity with Cadency)
– Trintech RPA and Journal Management V8.0 for SAP S/4HANA (ERP Bots for automating Close and JE tasks within SAP S/4HANA with bi-directional connectivity with Cadency)

"Trintech continues to reinforce its partnership with SAP by delivering new integration capabilities to provide customers with even more value in their financial transformation journeys," said Michael Ross, Chief Product Officer at Trintech. "These integrations bring enhanced control, automation and data integrity to finance and accounting departments around the world, while also helping to ensure that data flowing to and from their SAP solutions is as seamless as possible."

Bi-directional in nature, Cadency reduces the cost, time and risk of data integration with SAP, by automatically retrieving the data required for the reconciliation and close processes, as well as directly validating and posting journal entries in real-time. Solutions that are SAP-certified can be more quickly and easily integrated into SAP solution environments and can reduce overall IT investment costs and risks.

Trintech currently has hundreds of customers running SAP solutions alongside its enterprise solution, Cadency such as, Siemens, HP, GSK, and Ingram Micro. Although many of Trintech's customers have deployed SAP, Cadency is ERP agnostic, offering the ability to support all instances of ERPs and GL systems, including SAP, Oracle(R), NetSuite(R) and many more for complete visibility across all business units, geographies and sources.

About Cadency

Cadency is the only System of Financial Controls that combines all financial close activities into a single, streamlined process, including operational matching, intercompany transaction management, balance sheet reconciliations, journal entry management, close task management, compliance and reporting. Through the combination of a System of Financial Controls, strong integration, and advanced automation, organizations will achieve a System of Accounting Intelligence that will ultimately allow them to shift their focus away from repetitive tasks to higher value work that helps drive the strategic directions of their organizations.

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, Germany, 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.

SAP, SAP S/4HANA, SAP Netweaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned herein are the trademarks of their respective owners.

Media Contact:
Kelli Shoevlin
1 (972) 739-1680
Kelli.Shoevlin@trintech.com

SOURCE: Trintech, Inc.

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

Shape Capital Advises SQID Technologies Ltd Listing on CSE

MELBOURNE, AU / ACCESSWIRE, Feb 12, 2020 – (ACN Newswire) – Corporate advisory and investment firm Shape Capital announced today that its Brisbane based client SQID Technologies Limited successfully completed listing on the Canadian Securities Exchange "CSE" on January 21, 2020 under the symbol CSE:SQID.





SQID is a payment processor enabling merchants to receive debit or credit card payments. For the fiscal year ended June 2019, SQID reported total transaction value of $163 million and revenues of $5,403,525 and profit before income tax of $1,147,722 reflecting a 72% increase in revenues and 85% increase in its profit before income tax over the same period for the fiscal year 2018.

A team of advisors handled the listing with Shape Capital acting as the Australian corporate advisor to the transaction in collaboration with TriPoint Global Equities/BANQ(R) in NY and Australian based First Growth Funds Limited.

"Listing Australian companies on the CSE is cost effective and a more streamlined process compared to listing on the ASX. The CSE provides Australian companies with a great launch pad into North America to gain market exposure, access to new investors and help create shareholder value, said Anoosh Manzoori, CEO of Shape Capital."

SQID's technology provides merchant services and transaction processing to business merchants and ecommerce customers across both 'Business to Business' (B2B) and 'Business to Consumer' (B2C) segments to bridge both retail and wholesale transactions through its platform. Its technology is powerfully structured to allow layered access to payment and merchant transaction data, and integrates these retail and wholesale layers (creating many separate customer nodes within the network), providing split settlements between each layer. This provides a broad platform for commission structures and transaction-based rewards that are settled at the same time as the underlying transaction is settled. The business model is applicable to significant business channels including affiliate marketing, rewards programs, franchises, marketplace apps, agencies, etc.

SQID has established itself as a relationship payment provider and payment facilitator in the Payment Processing industry, which specialises in delivering ecommerce solutions to businesses that have their 'card-not-present' commercial outcomes dependent on two or more businesses. This has delivered sizeable growth in revenue as the model is based on engaging one referrer who then refers additional merchants. The Company has concentrated on building relationships with merchants and providing incentives to merchants for referrals to new business opportunities. This has resulted in substantial growth with minimal overhead and resources.

The SQID business has a proven business model of delivering sustained profitability over time. Revenue growth has been achieved through strong growth from merchants in industries related to training and education.

For further information please visit the company's corporate website at www.sqidpay.com.

About Shape Capital

Shape Capital is an investment and corporate advisory firm that positions, prepares and shapes clients for specific events, including mergers and acquisitions, capital raisings and IPOs. As an independent advisory firm, Shape Capital advises private and public companies and has extensive experience in cross-boarder transactions with a strong focus on the technology sector. Shape Capital works with high growth companies to assist with strategy, timing, structure, valuation, and provides access to a large global network of investors. Shape Capital holds an Authorised Corporate Representative of an Australian Financial Services License (AFSL) with head office in Melbourne, Australia. For more information, please visit http://www.shape.capital

For further information please contact:

Anoosh Manzoori
CEO
Shape Capital Pty Ltd
Level 8, 90 Collins Street,
Melbourne, Victoria, 3000, Australia
m. +61.3.966 6338
e. anoosh@shape.capital

or:

SQID Directors: Peter Hall / John O'Connor
investors@sqidpay.com

SOURCE: SQID Technologies Limited (SQID)

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