ACCESSWIRE

Trintech, Inc.

Share
Trintech Named to the 2021 AIFINTECH100 List

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 ACCESSWIRE

DK

Subscribe to releases from ACCESSWIRE

Subscribe to all the latest releases from ACCESSWIRE by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from ACCESSWIRE

Central Bank of Bahrain Grants Crypto.com Payment Service Provider Licence19.9.2024 13:00:00 CEST | Press release

MANAMA, BAHRAIN / ACCESSWIRE / September 19, 2024 / The Central Bank of Bahrain today granted Crypto.com full approval to provide payment service provider (PSP) services through its subsidiary registered in the Kingdom of Bahrain under the commercial name "FORIS GFS BH B.S.C. CLOSED", adding to the company's significant regulatory milestones in the region. The PSP licence will allow Crypto.com to expand its offerings of e-money and fiat-based payment services regionally, including the launch of its world-renowned prepaid cards. "With its extensive international presence and an earned reputation for regulatory compliance, we are delighted that Crypto.com has chosen the Kingdom of Bahrain as a destination for investment, which will further bolster Bahrain's ability to deliver on its vision of developing a digital-first, resilient economy that celebrates innovation and progress," said H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain Economic De

Taurus secures "Best Digital Assets Solution" at 2024 Global BankTech Awards19.9.2024 09:20:00 CEST | Press release

Swiss Fintech commended for secure custody, asset tokenization services, and its marketplace for digital assets LONDON, UK and GENEVA, SWITZERLAND / ACCESSWIRE / September 19, 2024 - Taurus, the Swiss-regulated global leader in digital asset infrastructure for banks, has been named "Best Digital Assets Solution" at the prestigious Global BankTech Awards 2024 - the premier awards programme for the fintech industry. Taurus has been recognized for its comprehensive and modular infrastructure that enables financial institutions to issue, custody, and trade digital assets, including tokenized assets, cryptos, NFTs, and digital currencies. "Taurus offers enterprise-level digital asset infrastructure for the issuance, custody, and trading of all digital assets, encompassing cryptocurrencies, tokenized securities, and digital currencies," said Mobasher Kazmi, Head of Research for The Digital Banker. "Commendably, its suite of products comprising Taurus-PROTECT™ for secure custody, Taurus-CAPIT

Silicon Foundry and Kearney Introduce 'The Collective // Supply Chain' to Help Organizations Identify Trends and Solutions for Future-Proof Supply Chains19.9.2024 09:00:00 CEST | Press release

The immersive program will provide supply chain professionals with frontline insights, targeted connectivity, and actionable opportunities, enabling them to make strategic decisions that strengthen and accelerate their supply chain initiatives. SAN FRANCISCO, CA / ACCESSWIRE / September 19, 2024 / Silicon Foundry, a Kearney-owned innovation advisory firm, today announced the launch of The Collective // Supply Chain, a year-long, membership-based program providing supply chain professionals with access to a curated flow of real-time insights, an executive peer community, expert consultations, exclusive events, and a presence in the heart of Silicon Valley. The Collective // Supply Chain addresses the challenges of navigating modern supply chain disruptions, optimizing processes, and integrating advanced technologies to achieve operational excellence. Kearney's recent COO Innovation Radar survey found that 90%+ of corporations increased their innovation budgets in the past year. High-ROI

MGO Global's CEO Invited by Argentinian Consulate in New York to Join President of the Argentine Republic to Ring Morning Bell at NYSE19.9.2024 08:30:00 CEST | Press release

MIAMI, FL and LONDON, UK / ACCESSWIRE / September 19, 2024 / MGO Global Inc. (NASDAQ:MGOL), a digitally-native, lifestyle brand portfolio company, ("MGO," "MGO Global" or the "Company"), today announced Maximiliano Ojeda, Co-Founder, Chairman and CEO of MGO, has been invited by the Consulate General of Argentina in New York to join His Excellency Javier Milei, President of the Argentine Republic, to ring the opening bell at the New York Stock Exchange on Monday, September 23, 2024. In the U.S. to participate in the United Nations General Assembly this week, President Milei will deliver a major economic address to all invited guests in the NYSE Board Room preceding the bell ringing ceremony that will open the financial markets. Ojeda stated, "I feel very honored to be among the other business executives who have been invited to participate in this important occasion at the NYSE. Given my Argentinian heritage and the deep economic ties and shared interests of the United States and Argent

U.S. Polo Assn.’s Fall-Winter 2024 Collection Launches from the Rockies19.9.2024 07:00:00 CEST | Press release

Sport-Inspired Brand's Vibrant, Seasonal Collection Includes Perfect Gifting Items for the Holidays WEST PALM BEACH, FL / ACCESSWIRE / September 19, 2024 / U.S. Polo Assn., the official brand of the United States Polo Association (USPA), proudly announces the launch of the sporty, classic, and colorfully vibrant Fall-Winter 2024 Collection. Inspired by the scenic beauty and historic charm of Salt Lake City, Utah, this Fall-Winter collection is a tribute to the season's warm, festive spirit and the joy of giving. The collection's global photoshoot is set against stunning snow-capped mountain vistas and nestled in the foothills of the Rocky Mountains. Models and polo players alike are adorned in the latest styles of U.S. Polo Assn., showcasing family and friends enjoying the great outdoors and cozying up by the fireside in Salt Lake City. The collection features an extensive range of cold-weather classics such as knitted sweater polos, quilted jackets, cable-knit cardigans, and cozy flan

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
HiddenA line styled icon from Orion Icon Library.Eye