2023-07-26 07:51:52 ET
Global provider of cloud-based financial close solutions, Trintech acquires Frontier Reconciliation and Accurate Reconciliation from Fiserv ( NYSE: FI ).
Through the acquisition, Trintech gains two leading reconciliation solutions, further enhancing the company's portfolio of capabilities.
The acquisition also includes the addition of key employees with technical expertise supporting these solutions across North America, EMEA and APAC, bringing Trintech's global headcount to nearly 700.
"Trintech is well-positioned to guide the Frontier and Accurate reconciliation business through its next chapter, and we are confident they will provide excellent service to our clients and support for their businesses," said Whitney Stewart Russell, President of Digital Solutions, Fiserv. "We are excited about the partnership we have built with Trintech and look forward to serving clients through our future relationship as a referral partner."
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Trintech buys financial reconciliation business from Fiserv