Trintech Acquires Financial Reconciliation Business from Fiserv

(Adnkronos) – Financial close automation leader bolsters capabilities for an additional 400 blue-chip clients to drive ROI for the Office of the CFO DALLAS, July 25, 2023 /PRNewswire/ — Trintech, a leading global provider of cloud-based financial close solutions for the Office of the CFO, today announced its acquisition of Frontier™ Reconciliation and Accurate™ Reconciliation from Fiserv (NYSE: FI), a leading global provider of fintech and payments solutions. Serving customers across multiple verticals including financial services, telecommunications, retail, insurance and utilities, the acquired reconciliation business will act as a springboard for innovation, expanding Trintech's accounting automation platform. Through the acquisition, Trintech gains two leading reconciliation solutions, further enhancing the company's portfolio of capabilities. Trintech brings over 35 years of global innovation in automation, reconciliations and financial close processes. The addition of Frontier Reconciliation and Accurate Reconciliation, used by more than 400 blue-chip clients across the globe, including eight of the top ten banks and two of the top three insurance companies in the United States, enables these newly acquired clients to benefit from complementary product offerings and differentiated solutions across key U.S. and international markets. Fiserv will continue to deliver solutions and services to many of these clients. "In this era of intense digital transformation, accounting automation, reconciliations and financial close represent a significant market opportunity. This acquisition positions Trintech to provide even more compelling financial close capabilities, broaden the reach of our partner ecosystem and drive impressive ROI for our customers," said Darren Heffernan, CEO of Trintech. "It's also the latest illustration of our holistic growth strategy – one which places a dual mandate on rapid expansion into key verticals and the prioritization of continuous innovation and talent recruitment. We are thrilled to add this powerful complement to Trintech's market-leading portfolio." The acquisition also includes the addition of key employees with technical expertise supporting these solutions across North America, EMEA and APAC, bringing Trintech's global headcount to nearly 700. New and existing customers benefit not only from expanded technical talent and capabilities but also by gaining access to Trintech's partner ecosystem of leading technology and service providers. Additionally, as part of an exclusive referral agreement with Fiserv, Trintech expands its global presence and capabilities into new international markets. "Trintech is well-positioned to guide the Frontier and Accurate reconciliation business through its next chapter, and we are confident they will provide excellent service to our clients and support for their businesses," said Whitney Stewart Russell, President of Digital Solutions, Fiserv. "We are excited about the partnership we have built with Trintech and look forward to serving clients through our future relationship as a referral partner." About Trintech 
Trintech, a leading global provider of cloud-based, integrated reconciliation and financial close solutions for Finance & Accounting departments. From high volume transaction matching, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, close management tasks, to governance, risk and compliance – Trintech's portfolio of financial solutions, including its Cadency

®

Platform (for large enterprises) and Adra

®

Suite (for mid-market organizations), help manage all aspects of the reconciliation and financial close processes. Trintech's excellence in both innovation and client support have been recognized with a variety of awards over the years including most recently "Easiest to Do Business With" and "Fastest Implementation" in G2's Fall 2022 Report. Over 4,200 clients worldwide – including the majority of the Fortune 100 – rely on Trintech's solutions to enable their F&A operation to become a strategic partner to the business by optimizing data, controlling risk, driving efficiencies, and providing strategic insights.  Headquartered in Plano, 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, Twitter and Instagram. About Fiserv Fiserv, Inc. (NYSE: FI) aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and one of Fortune® World's Most Admired Companies™. Visit fiserv.com and follow on social media for more information and the latest company news. Media Contact:Kelli ShoevlinDirector, Global Corporate Marketing & Communicationskelli.shoevlin@trintech.com  Media Contact:Britt ZarlingSVP, Corporate CommunicationsBritt.Zarling@Fiserv.com
 Logo – https://mma.prnewswire.com/media/2161503/Trintech_Logo.jpgLogo – https://mma.prnewswire.com/media/2161504/Trintech_Fiserv_Logo.jpg
 
View original content:https://www.prnewswire.co.uk/news-releases/trintech-acquires-financial-reconciliation-business-from-fiserv-301885666.html
 

 —immediapress/ictwebinfo@adnkronos.com (Web Info)

In primo piano
Da non perdere
Recensioni
Valutazione di ECCELLENTE
In base a 25 recensioni
E' stato molto coinvolgente e divertente poter condividere con Paolo ed Emiliano in diretta radio il mondo del real estate pugliese
Rico Conte
Rico Conte
2024-04-10
Ottima esperienza, Paolo ed Emiliano molto professionali e precisi!
alessandro pasqual
alessandro pasqual
2024-03-26
La conduzione ed i contenuti sono ottimi! Complimenti continuerò a seguirvi!
Angelica Bianco
Angelica Bianco
2024-03-22
Bellissima intervista e giornalisti top
Cristina Orsatti wedding planner
Cristina Orsatti wedding planner
2024-03-22
Casa Radio è una vera innovazione nel settore immobiliare, che permette di ascoltare molteplici temi, legati all’Abitare! Complimenti a tutto il team!
Federico Pagliuca
Federico Pagliuca
2024-03-13
Piacevolissima chiacchierata e notevoli gli spunti ricevuti per una piacevole ed interessante conversazione.
Fernando Caprino
Fernando Caprino
2024-02-21
Professionalità e passione garantita con persone che sanno metterti a tuo agio nel raccontarti e nell’offrire la tua esperienza e riflessioni al loro pubblico. Grazie.
Roberto “Roby'ncool” Vitali
Roberto “Roby'ncool” Vitali
2024-02-19
Ho trovato l’esperienza molto soddisfacente. Grande professionalità ma allo stesso tempo accoglienza.
Cristian Catania
Cristian Catania
2024-02-19
Esperienza interessante ed emozionante, conduttori simpaticissimi e di notevole supporto che mi hanno saputo mettere a mio agio fin da subito.
Stefano Sanciu
Stefano Sanciu
2024-02-19

Collabora con noi

Promuovi il tuo business con noi!

Siamo proiettati al 100% verso il nostro pubblico che, ci segue e si fida per la nostra straordinaria capacità di scegliere i migliori partners sul mercato.

  • Seleziona categoria

  • Seleziona l'autore