Date Posted: 11/11/2009
Hyatt Selects Trintech for Financial Process Compliance
Unity Compliance Software Module From Trintech's On-Demand Business Unit Standardizes And Manages Compliance Processes
DALLAS, DUBLIN and LONDON, Nov. 9 /PRNewswire-FirstCall/ -- Trintech Group Plc (Nasdaq: TTPA - News), a leading provider of integrated financial governance, risk management and compliance software solutions, announced today that Hyatt has selected the hosted version of its Unity Compliance software for financial process compliance. Unity Compliance is a component of Trintech's Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals.
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family in 45 countries strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The company's subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz(TM), Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites(TM) brand names and have locations under development on five continents. Hyatt Vacation Ownership, Inc., a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership properties under the Hyatt Vacation Club® brand. As of June 30, 2009, the company's worldwide portfolio consisted of 413 properties. For more information, please visit www.hyatt.com.
Through a suite of software modules, Trintech's Unity platform enables companies like Hyatt to increase the accuracy and transparency of financial reporting, reduce operational costs, shorten cycle times and reduce the risk of material weaknesses and restatements.
The hosted version of Trintech's Compliance module manages financial, process management and compliance initiatives across an organization, such as SOX, HIPAA, PCI-DSS IT governance and security, and sustainability projects. It is offered through Trintech's On-Demand business unit. The Compliance module allows companies to define consistent controls and workflow for each initiative from scheduling and monitoring of tasks, to managing exceptions and remediation, through collaboration with auditors, certification and complete documentation of compliance.
Hyatt joins over 600 leading global organizations benefiting from Trintech's configurable and highly scalable solutions.
About Trintech Group
Trintech Group Plc (NASDAQ: TTPA - News) is a leading global provider of integrated financial governance, risk management, and compliance software solutions for commercial, financial, and healthcare markets. 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.
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.
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