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Trintech expands Australian Data Centre and makes additions to local team

Trintech has announced the expansion of its Australian Data Centre and additions to its in-country team, with the overall aim of meeting the needs of mid-market customers using its Adra solution in the region.

According to Trintech, Adra customers in the region will benefit from higher performance and robust support for data governance requirements.

Earlier this year, Trintech released Adra Analytics, which enables continuous improvement of the close cycle by providing data independence and reporting flexibility.

Adra Analytics data can be used natively in Adra or in combination with internal data sets to create company-tailored, actionable insights in a business intelligence tool of choice, such as Power BI or Tableau.

The latest enhancements to Adra Analytics, shown at the Trintech Connect Adra User Conference, are designed for mid-market organisations, and allow businesses to evaluate close performance trends and answer crucial organisation-specific questions with robust data, the company states.

Customers who have implemented Adra Analytics are able to share company specific internal control KPIs and evaluate variances over time to highlight focus areas.

Some of the benefits customers are seeing include the ability to: measure close process efficiency and quality as a starting point for continuous improvements over time; measure the quality of reconciliations over time; measure the timely completion of reconciliations over time; and answer organisation-specific questions and address organisational use cases.

Trintech mid-market president Darren Heffernan says, "At Trintech, we are relentlessly committed to ensuring our customers are supported by not only the strength of our solutions, but also the expertise of our people.

"This investment reinforces our dedication to ensuring a best-in-class experience wherever our customers are globally.

"With this newly expanded data centre, our customers can be assured that their data is housed in some of the world's most secure, high-end facilities, offering the highest industry standard levels of uptime, security and reliability - and compliant with governance and financial regulatory policies."

Tintech director APAC sales Fintan Diviney says, "We continue to see rapid adoption and expansion of our Adra solution in the APAC region.

"We are excited about the upcoming opportunities to serve a growing number of companies in industries such as government, semi-government and financial services, who now have a financial close solution available to them that meets their onshore data security requirements."

Green Cloud Consulting director Tim Green says, "Trintech has several consulting partners in the APAC region who are also excited about this investment, a positive and forward-looking move to help meet the needs of global mid-market customers and those operating specifically in this region.

"This investment enables mid-market companies in the APAC region to leverage Trintech's industry-leading financial close solution, Adra, in complete compliance with onshore data requirements."