Trintech Buys Financial Reconciliation Business from Fiserv
Summary
Serving customers across multiple verticals including financial services, telecommunications, retail, insurance and utilities, the acquired reconciliation business will expand Trintech’s accounting automation platform. 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. Led by Darren Heffernan, CEO, Trintech is a global provider of cloud-based, integrated reconciliation and financial close solutions for Finance & Accounting departments.