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Date Posted: 7/14/2010

Trintech to Present Case Study on Benefits of Using an In-House Solution to Perform Level-4 XBRL Tagging


Webinar Featuring Mike Willis, Chairman of XBRL International, to be Presented July 21, 2010 at 1:00 pm CDT
 
 
DALLAS, DUBLIN, Ireland and LONDON, July 12, 2010 (GLOBE NEWSWIRE) -- Trintech Group Plc (Nasdaq:TTPA - News), a leading global provider of integrated financial governance, risk management and compliance (GRC) software solutions, announced today that it will be presenting a case study on best practices culled from its recent and successful filing of an XBRL-compliant Form 20-F -- including detailed Level-4 XBRL tagging -- with the United States Securities and Exchange Commission (SEC).

The free webinar will be presented on Wednesday, July 21, 2010 at 1:00pm CDT. Prospective attendees can register online using the following link: https://trintech.webex.com/trintech/onstage/g.php?t=a&d=577334978

"As of June 17th 2010, Trintech was one of the first companies to file a Level-4 XBRL tagged 20-F document with the SEC, a process that involved mapping of our financial statements to existing XBRL tags, extending only where required, tagging the data, validating to ensure compliance with SEC/XBRL rules and ensuring required rendering within the SEC Previewer," said Pranav Vakil, Trintech's Director of Revenue Compliance and SEC Reporting. "As companies look to bring their tagging in-house using an embedded approach, especially for Level-4, there is a lack of detailed guidance available based on real-world experience. We decided to collect our own experiences into a case study that will help others ease their own transition by identifying best practices and lessons learned along the way."

Webinar registrants will hear how Trintech approached its own XBRL compliance project from the actual project stakeholders, including Mr. Vakil and Chethan Gorur, Trintech's Director of Interactive Data and Chairman of the XBRL International Standards Board.

Mike Willis, Partner with PricewaterhouseCoopers and Chairman of XBRL International, will also be in attendance to discuss how to avoid common errors first-time filers often experience.


•What:

•Webinar -- "Embedded (Built-in) approach to Level 4 XBRL Tagging: A Trintech Case Study"

•When:

•Wednesday, July 21, 1:00 pm CDT (online webinar)

•Presenters:

•Mike Willis -- Partner (PricewaterhouseCoopers), Chairman (XBRL International)

•Pranav Vakil -- Director, Revenue Compliance and SEC Reporting (Trintech)

•Chethan Gorur -- Director of Interactive Data (Trintech), Chairman (XBRL International Standards Board)

•To Register:

•https://trintech.webex.com/trintech/onstage/g.php?t=a&d=577334978

Trintech's Form 20-F, complete with XBRL tags, can be found at the SEC's web site here: http://tinyurl.com/36vd3n5

About Trintech Group

Trintech Group Plc (Nasdaq:TTPA - News) is a leading global provider of integrated financial governance, risk management, and compliance (GRC) software solutions for commercial, financial, and healthcare markets. Trintech's recognized expertise in reconciliation process management, financial data aggregation, financial close and reporting, 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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