Trintech Named “Cool Vendor” in Compliance and Risk Management by Leading Analyst Firm
Vendors Selected for the “Cool Vendor” Report are Innovative, Impactful, and Intriguing
Dallas, Texas/Dublin, Ireland – May 2008 – Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced that it has been named a “Cool Vendor” in the Gartner report titled “Cool Vendors in Compliance and Risk Management, 2008”, published on April 24, 2008.
Trintech was included in the report by Gartner analyst John E. Van Decker, et al. The report asserts “firms that are focusing their GRC efforts on the office of finance and want to bring in more innovative approaches to financial governance should consider best-of-breed applications and ERP offerings in this emerging market.”
Trintech’s financial governance solutions help clients: gain greater control, visibility, and efficiency across financial processes; improve financial performance through stronger management of revenue and cost cycles; ensure the accuracy and integrity of financial data, thereby reducing the risk of material weaknesses and restatements; and drive immediate efficiencies and cost reductions in financial operations through automation and scalability.
The report further asserts that “in the office of finance, there has been a focus on transactional excellence through the deployment of ERP solutions; however, many companies have had issues with compliance and need to take an end-to-end/holistic view on financial governance that these applications can provide.”
“It’s very gratifying to have Gartner evaluate the unique value our innovative technology provides the office of finance. We believe this is recognition and a vote of confidence in our approach to delivering best in class, end-to-end financial governance solutions that address the specific requirements of organizations worldwide,” said John Harte, EVP and General Manager for Trintech.”
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