Press Release Summary:
Providing level IV XBRL capabilities in accordance with SEC mandates for financial reporting, Unity 10.2 drives collaboration across financial close review process. Complete listing of all review comments as well as disclosure versions are maintained in secure audit trail. Dependency Console provides cross-entity visibility of close process by highlighting all upstream and downstream dependencies and any related bottlenecks, enabling transparency and immediate insight into delays.
Original Press Release:
Trintech Announces New Release of GRC Unity Suite for Managing Integrated Financial Governance, Risk, and Compliance Efforts
Unity 10.2 drives greater collaboration across the financial close review process, streamlines authoring of disclosure footnotes, and enhances financial reporting including SEC mandated XBRL
DALLAS, DUBLIN and LONDON, Feb. 23 /- Trintech Group Plc (NASDAQ:TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance software solutions, announced today the availability of Unity 10.2, the latest release of their application for integrating financial and compliance data while maximizing staff efficiencies and return on investment.
Trintech's Unity 10.2 application delivers numerous market, regulatory, and customer driven functional enhancements including level IV XBRL capabilities in accordance with the most recent SEC mandates for financial reporting. Additional enhancements have been made across the Unity suite of compliance, risk and financial close and financial reporting applications with particular emphasis on further streamlining the regulatory disclosure preparation and review processes. Disclosure owners can visually enhance their report content using standard word processing tools and new workflow capability enables a greater degree of collaboration for review committee members to provide input prior to submitting financial reports to regulatory agencies. A complete listing of all review comments as well as disclosure versions are maintained in a secure audit trail. The new Dependency Console provides immediate cross-entity visibility of the close process by highlighting all "upstream" and "downstream" dependencies and any related bottlenecks, enabling transparency and immediate insight into delays that could otherwise result in missed close deadlines. Unity 10.2 demonstrates Trintech's ongoing commitment to staying ahead of the curve in providing purpose-built and functionally rich integrated financial governance applications.
"With the dual challenges of increased regulatory requirements and a turbulent economy, providing clients with applications to increase their staff efficiency while continuing to meet ever more rigorous regulatory requirements is our primary focus at Trintech," commented John Harte, Executive Vice President and General Manager of Trintech. "This latest release of our GRC Unity Suite addresses these key challenges proactively and provides customers with the tools they need to better comply with regulatory requirements while obtaining bankable return on investment in their implementations."
Leading companies including eBay, Wyndham, and Questar realize the quantifiable benefits and return on investment of Trintech's Unity solution to ensure that the required financial governance tasks are performed by the proper people, in the correct sequence, and within the appropriate time frame. For additional information about Unity and Trintech's integrated financial governance suite of applications, please visit www.trintech.com/solutions/trintech-unity/.
About Trintech Group
Trintech Group Plc (NASDAQ:TTPA) is a leading global provider of integrated financial governance, transaction risk management, and compliance solutions for commercial, financial, and healthcare markets worldwide. Trintech's recognized expertise in reconciliation process management, financial data aggregation, revenue and cost cycle management, financial close, risk management, and compliance enables customers to gain greater visibility and control of their critical financial processes leading to better overall business performance.
Over 600 leading global organizations realize the benefits of Trintech's configurable and highly scalable solutions everyday, including 7-Eleven, Accenture, Allianz Life North America, Ameren, Bank of Nevada, eBay, Farmer's Insurance Group, Kinder Morgan, Regal Entertainment, Rohm and Haas, Sears, UPMC, Verizon Wireless, Wyndham Worldwide, and YUM! Brands Restaurants.
For more information on how Trintech can help you increase confidence in business performance and reduce financial risk, please contact us online at www.trintech.com or at our principal business office in Addison, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.
Trintech * 15851 Dallas Parkway, Suite 900 * Addison, TX 75001 * Tel 1 972 701 9802
Trintech UK Ltd. * Warnford Court, 29 Throgmorton St. * London EC2N2AT, UK * Tel +44 (0) 20 7628 5235
Trintech Technologies * Block C, Central Park * Leopardstown, Dublin 18, Ireland * Tel +353 1 293 9840
Trintech * Cypresbaan 9 * 2908 LT Capelle a/d Ijssel, The Netherlands * Tel +31 (0) 10 8507 474
CONTACT: Dallas, Purvi Parakh, Marketing Communications Manager of Trintech, +1-972-739-1611, firstname.lastname@example.org
Web Site: www.trintech.com/