Trintech Announces Next Generation of ReconNET Reconciliation and Exception Management Software

DALLAS, DUBLIN and LONDON, Aug. 17 /PRNewswire-FirstCall/ -- Trintech Group Plc (Nasdaq: TTPA), a leading global provider of integrated financial governance, risk management and compliance software solutions, announced today the release of ReconNET 8.0, its next-generation reconciliation and exception management software.

ReconNET 8.0 allows finance teams to automate even the most complex reconciliation and exception management processes. The software expands a customer's ability to interface with external platforms and databases, including Oracle 11g and more recent versions of Microsoft SQL server and Windows operating systems. Powerful performance, processing and matching capabilities have also been added, including:

    --  Additional matching algorithms for increased flexibility and speed
    --  Increased performance during search and other data-intensive application
        requests
    --  Additional filtering, sorting and search features to save finance teams
        time and effort
    --  Advanced, automated processors and reconciliation types designed to
        increase application flexibility and performance in high volume
        environments

    --  Improved application usability, including configurable labels and
        preferences

"ReconNET 8.0 was developed in response to an increasing demand we've seen for even more advanced, automated matching and exception management capabilities," said David Taylor, Trintech's Vice President of Strategy. "As Trintech's customer base has grown to include high-profile, blue-chip companies - many of them the leaders in their respective industries - we've worked with them to understand the increasingly complex account balancing processes in these enterprise environments. With ReconNET 8.0, Trintech delivers the most robust and scalable reconciliation and exception management software solution on the market today."

ReconNET is a component of Trintech's Unity financial GRC platform, a suite of modular software that enables companies to meet their financial governance, risk management and compliance goals.

To learn more, visit Trintech on the web today at www.trintech.com.

About Trintech Group

Trintech Group Plc (NASDAQ: TTPA) 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.


    Trintech Press Contact:
    Dallas: Dave Tomlinson - Director, Marketing
    Tel. +1 972 739-1611. Email: dave.tomlinson@trintech.com

SOURCE Trintech Group Plc

Trintech Group (TTPA)