Date Posted: 9/15/2010
Western & Southern Financial Group Selects Trintech Reconciliation Suite
ReconNET and AssureNET GL Software Modules of Trintech's Unity Platform Automate High Volume and Account Reconciliation Functions
DALLAS, DUBLIN, Ireland and LONDON, Sept. 13, 2010 (GLOBE NEWSWIRE) -- Trintech Group Plc (Nasdaq:TTPA - News), a leading provider of integrated financial governance, risk management and compliance (GRC) software solutions, announced today that Western & Southern Financial Group has selected its ReconNET and AssureNET GL software for financial process compliance. Both solutions are part of Trintech's Unity platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals.
Western & Southern Financial Group (Western & Southern) is a Cincinnati-based diversified family of financial services companies with assets owned, managed and under our care in excess of $47 billion as of June 30, 2010. A Fortune 500 company, Western & Southern has received Standard & Poor's AA+ Very Strong rating (one of the eight strongest life insurance groups in the world), A.M. Best's A+ Superior rating, Fitch's AA Very Strong rating and Moody's Aa3 Excellent rating, all with a Stable outlook. With a heritage dating to 1888, the group's affiliates include The Western and Southern Life Insurance Company; Western-Southern Life Assurance Company; Capital Analysts Incorporated; Columbus Life Insurance Company; Eagle Realty Group, LLC; Fort Washington Investment Advisors, Inc.; Fort Washington Savings Company; IFS Financial Services, Inc.; Integrity Life Insurance Company; The Lafayette Life Insurance Company; National Integrity Life Insurance Company; Touchstone Advisors, Inc.; Touchstone Securities, Inc.; and W&S Financial Group Distributors, Inc. For more information, visit www.westernsouthern.com.
Through a suite of software modules, Trintech's Unity platform enables companies like Western & Southern Financial Group to increase the accuracy and transparency of financial reporting, reduce operational costs, shorten accounting cycle times, reduce the risk of material weaknesses and fully comply with financial regulations and compliance requirements.
Trintech's ReconNET module, the world's leading account reconciliation software solution for high-volume account matching, automates daily, monthly, and periodic reconciliation and balancing of financial accounts. AssureNET GL automates account certification, managing the review, approval and certification of all account reconciliations for a company's accounting close process. AssureNET distributes and tracks progress on all tasks necessary for certification, automates reconciliation of GL accounts, enforces control structures, and facilitates creation of compliance documentation.
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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