Trintech, Inc.
9.9.2021 18:13:31 CEST | ACCESS Newswire | Press release
FinTech Global recognizes Trintech's leadership in utilizing advanced Artificial Intelligence and Machine Learning capabilities to reduce the time and risk across the Record to Report process
DALLAS, TX / ACCESSWIRE / September 9, 2021 / Trintech, an industry-leading global provider of Record to Report software solutions for the Office of Finance, today announced that FinTech Global has named the company as one of the world's most innovative AI solution providers on its inaugural AIFINTECH list for 2021. The list identifies the top 100 companies chosen by a panel of industry experts and analysts who reviewed a study of over 1,000 fintech companies undertaken by FinTech Global. The solution providers making the final list were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the financial services value chain.
Trintech has developed Financial Controls AI within its leading Record to Report platform, Cadency® by Trintech, to help customers quantitatively evaluate risk within the Record to Report process. Trintech's Financial Controls AI allows customers to automate workflows based on their risk profile, all while identifying high-risk items for human review. Trintech's Financial Controls AI strategy will continue to expand to help the Office of Finance:
- Evaluate and quantify risk across various financial close processes, entities, and functions
- Automate and optimize workflows based on risk
- Leverage insights into compliance controls through data analysis
- Develop best practices for risk evaluation, controls, automation and optimization, based on benchmarking data
- Evaluate and quantify key market trends to determine impact and drive proactive risk prevention measures
"The ability for the Office of Finance to provide real-time business-critical insights to drive confident decision-making has never been more important and we are fortunate to provide leading financial close solutions that not only speed up the Record to Report process but provide that real-time visibility to help drive those key business decisions," said Michael Ross, Chief Product Officer at Trintech. "Over the past year, Trintech has invested heavily in its Financial Controls AI capabilities to help our customers reduce financial risk from multiple angles, save time and resources, and ultimately transform their operations."
Cadency has helped financial institutions across the global achieve significant ROI including up to a 99% reduction in preparation time on reconciliations, up to a 90% reduction in the number of accounts needed to be reconciled and up to a 75% reduction in time for rework. Discover the ROI your organization can achieve by automating you Record to Report process.
The full AIFinTech100 2021 list is published online at www.AIFinTech100.com.
About FinTech Global
FinTech Global offers the most comprehensive data, the most valuable insights, and the most powerful analytical tools available for the global FinTech industry. FinTech Global works with market leaders in the FinTech Industry - investors, advisors, innovative companies, and financial institutions - and enables them to get the essential intelligence they need to make superior business decisions.
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:
Kelli Shoevlin
214-957-5009
kelli.shoevlin@trintech.com
SOURCE: Trintech, Inc.
View source version on accesswire.com:
https://www.accesswire.com/663366/Trintech-Named-to-the-2021-AIFINTECH100-List
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Lawline Exits Beta and Launches Full AI Legal Platform for Businesses and Individuals5.5.2026 15:00:00 CEST | Press release
Sweden's most visited legal platform, recognised among the Nordics' top 9 AI legal startups alongside Legora and others, moves out of beta after surpassing 7,000 registered users, expanding its offering for companies, organisations, and individuals. STOCKHOLM, SE / ACCESS Newswire / May 5, 2026 / Lawline, Sweden's most visited legal platform, today announced the official launch of its AI-driven legal platform, marking its transition out of beta. The launch introduces a significantly expanded product offering aimed at businesses, organisations, and individuals seeking accessible, reliable legal support in everyday decision-making. Lawline AI was first released in beta in February 2026 and has since attracted more than 7,000 registered users. With today's full launch, Lawline introduces a broader suite of capabilities designed to bring legal support closer to where decisions are actually made. "Legal support has traditionally been something you access after the fact, often when problems
Digi Power X Signs AI Colocation Agreement with Leading AI Compute Company for 40 MW Data Center in Columbiana, Alabama5.5.2026 13:30:00 CEST | Press release
MIAMI, FL / ACCESS Newswire / May 5, 2026 / Digi Power X Inc. (Nasdaq:DGXX)(Cboe Canada:DGX) (the "Company" or "Digi Power X"), an AI data center infrastructure operator, today announced the execution of a Master Services Agreement (the "Agreement") with Cerebras Systems (the "Customer") for the colocation of a purpose-built, 40 megawatt ("MW") AI data center campus located in Columbiana, Alabama (the "Facility"). The initial 10-year term is valued at approximately $1.1 billion, with total potential contract value of up to $2.5 billion inclusive of renewal terms - underpinned by a structure that provides Digi Power X with long-term revenue visibility, and Cerebras with guaranteed data center capacity, from the first day of service. Digi Power X will develop and deliver the Facility in two phases: Phase 1 comprising 15 MW of IT load, followed by Phase 2 delivering an incremental 25 MW for a combined total of 40 MW. The Facility will be purpose-built to Tier III infrastructure standards
Camino Appointments Senior Management to Build and Operate the Puquios Copper Mine in Chile and for Corporate Development5.5.2026 12:00:00 CEST | Press release
VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / Camino Minerals Corporation (TSXV:COR)(OTCID:CAMZF) ("Camino" or the "Company") is pleased to announce key appointments to its management and operational team to support the advancement of the Puquios copper project ("Puquios" or the "Project") in Chile toward construction and for corporate development. These appointments will further strengthen the Company's operational, financial, and strategic capabilities as it transitions towards development and production in Chile and corporate growth. The Company along with its partner Nittetsu Mining Co., Ltd. ("Nittetsu") has appointed Marcelo Bruna as Chief Executive Officer of Cuprum SpA, the established Chilean company to advance the development of the Puquios copper mine, a 50/50 Joint Venture with Nittetsu. Based in Santiago, Marcelo will manage the Chilean operations. Marcelo is a senior mining executive with over 30 years of experience in project development and operations. He has overseen
Medical Component Specialists to Support Advanced Catheter Innovation at The Catheter R&D Masterclass in Ireland4.5.2026 21:30:00 CEST | Press release
BELLINGHAM, MA / ACCESS Newswire / May 4, 2026 / Medical Component Specialists (MCS), a premier manufacturer of precision medical components, today announced its participation as a supporting organization at The Catheter R&D Masterclass. Hosted by Eyedea Medtech, the highly anticipated event will take place May 28-29, 2026, at the Prototyping and Education Facility in Westport, Mayo, Ireland. The Catheter Systems Lab is an exclusive, dual-purpose educational program designed for senior engineers with over a decade of experience in catheter-based medical device development. Over the course of two days, industry leaders will engage in a deep exploration of catheter design, materials science, structural reinforcement, and end-to-end manufacturing pathways. As a supporting organization, Medical Component Specialists will play a vital role in the event's structured insight and data capture initiatives. The masterclass will facilitate meaningful technical dialogue, allowing MCS to gain direc
Pacific Avenue Capital Partners Enters into Exclusive Negotiations to Acquire ESE World, Amcor's European Waste Container Business4.5.2026 09:30:00 CEST | Press release
LOS ANGELES, CA AND PARIS, FR / ACCESS Newswire / May 4, 2026 / Pacific Avenue Capital Partners ("Pacific Avenue"), a global private equity firm focused on corporate carve-outs and other complex transactions in the middle market, announced today that an affiliate of Pacific Avenue has entered into exclusive negotiations to acquire ESE World (the "Company" or "ESE") from Amcor, one of the world's leading global packaging companies. ESE is the foremost European manufacturer of both plastic and steel waste containers and a provider of associated waste management services. The Company generates approximately €300m of revenues and serves customers across the world from its three manufacturing facilities in Germany (Neuruppin and Olpe) and France (Crissey). Under Pacific Avenue's stewardship, ESE will focus its efforts on meeting the needs of its customers and executing several growth initiatives tied to operational improvement, geographic expansion, and strategic add-on acquisitions. Pacifi
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom