Trintech (UK) Limited

Trintech (UK) Limited,("the company"), is a subsidiary of Trintech Group Limited and part of the Ranger Group (trading as Trintech Group) whose ultimate controlling party is Summit Partners L.P. Favordale Limited (a company registered in Ireland) , is the parent of the largest and smallest group into which the results of the Company are consolidated. Trintech (UK) Limited operates as a sales and marketing representative for the group’s GRC products in the UK market. The Trintech Group is a major international provider of integrated financial governance, risk management and compliance (GRC) solutions focused on the office of the CFO. The group’s recognised expertise in reconciliation process management, financial data aggregation, financial close, disclosure management, risk management and compliance enables customers to gain greater stability and control over their financial processes leading to better overall business performance. Many organisations are realising the benefits of the group’s configurable and highly scalable solutions every day to: ensure the accuracy and integrity of financial data; identify and reduce transaction risk; improve the quality and timeliness of disclosure management and strengthen internal controls to support compliance requirements. The Group provides cloud-based financial software solutions for the record-to-report process. The Group's products aim to produce greater stability and control over their critical record-to-report financial processes, leading to better overall business performance. These software solutions are designed to help customers to ensure the accuracy and integrity of financial data, identify and reduce transaction risk, optimise employee efficiency, and improve reporting and strengthen internal controls to support compliance requirements. The Group's Cadency? suite automates and manages all aspects of the financial close - including balance sheet reconciliation, journal entries, close tasks, governance, compliance, and reporting. The Cadency mobile application extends the management, monitoring and measurement capabilities of Cadency to a user-friendly, mobile platform. ReconNET™ streamlines operational reconciliations such as bank and credit card transactions, and the Dataflow Transaction Network helps customers with data collection and delivery. The group’s customer base includes retail chains, commercial companies and financial institutions, and its sales and marketing efforts are divided by region as follows: - Europe, Middle East and Africa - North and South America; and - Asia Pacific. During the year ended 31st January 2025 the company carried out a business reorganisation in which it hived up the activities of its subsidiary Trintech Solutions Limited who were also suppliers of financial software. The details of this transaction can be found in note 6 of the accounts.