Advent International Selects SunGards Investran for Reporting

New York, NY (PRWEB) September 29, 2011

Advent International, the global private equity firm, has selected SunGards Investran to help improve its financial reporting capabilities and provide greater transparency to investors. Investran is an award-winning solution suite that helps automate front-, middle- and back-office processes for private equity and other alternative investment firms.

Advent International, which focuses on international buyouts, strategic repositioning opportunities, and growth investments, needed a solution that would help it efficiently manage an increasing flow of transactional data to an array of investors. Advent International selected Investran to help it automate accounting workflow and streamline operations onto a single, integrated platform.

Advents tremendous growth and success, the dramatic changes in the private equity industry, and huge advances in Private Equity technology platforms are creating opportunities for Advent to enhance our reporting, said Eileen Sivolella, chief financial officer of Advent International. Investran will help Advent add to the service levels for our investors and scale to accommodate for growth.

SunGards dedicated team brings not only robust systems expertise, but also a deep understanding of current industry topics and trends, added Michael Ristaino, vice president, Fund Administration at Advent International.

Advent International joins a growing number of private equity firms that are looking to streamline their operations, said Lauren Iaslovits, chief operating officer for SunGards Investran business unit. Investran will help Advent International automate processes, increase productivity and improve client service.

About Advent International Corporation

Founded in 1984, Advent International is one of the worlds leading global buyout firms, with offices in 17 countries on four continents. A driving force in international private equity for 27 years, Advent has built an unparalleled global platform of over 170 investment professionals across Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, strategic repositioning opportunities and growth buyouts in five core sectors, working actively with management teams to drive revenue growth and earnings improvements in portfolio companies. Since inception, Advent has raised $ 26 billion in private equity capital and, through its buyout programs, has completed over 270 transactions valued at approximately $ 60 billion in 35 countries. For more information, visit adventinternational.com.

About SunGard Investran

SunGard Investran is an integrated application suite that automates front-, middle- and back-office processes for private equity and alternative investment firms. Investran helps improve business efficiencies to facilitate collaboration, support deal flow and automate accounting. Firms rely on Investrans integrated capabilities to help meet their needs in the entire investment life-cycle, including relationship management, reporting, monitoring, accounting, fund raising and deal pipeline management. For more information on Investran and SunGards portfolio of alternative investment solutions, visit http://www.sungard.com/investran/learnmore.

About SunGard

SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $ 5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, visit http://www.sungard.com.

Trademark Information: SunGard, the SunGard logo and Investran are trademarks or registered trademarks of SunGard Data Systems, Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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Trintech to Showcase Software Solutions to Optimize the Last Mile of Finance at FEIs Current Financial Reporting Issues (CFRI) Conference

Dallas, TX / London, UK (PRWEB) November 10, 2011

Trintech, a leading global provider of integrated software solutions for The Last Mile of Finance announced today the company will be a Corporate Sponsor and Exhibitor at Financial Executives Internationals 29th Annual Current Financial Reporting Issues (CFRI) Conference on November 15-16, at the Marriott Marquis Hotel in New York City.

Trintech will demonstrate its solution for financial reporting and disclosure management, including XBRL, as well as clearly define specific strategies organizations can deploy to improve the financial reporting process by optimizing the entire Last Mile of Finance through automation. The Last Mile of Finance is the period and processes that occur from the end of a financial period or quarter to the time financial statements are issued and include account reconciliation, exception management, balance sheet integrity verification, financial close, financial reporting and disclosure management.

CFRI is the perfect platform for Trintech to showcase our financial reporting solution as well as demonstrate the importance of integrated automation throughout the entire Last Mile of Finance, said Bob Pritchard, Trintech Vice President, Sales and Marketing. In order for an organizations financial reporting process to be most effective, the entire Last Mile of Finance must be optimized from the time after a transaction occurs, through the balance sheet certification and exception management process, then through financial close to deliver solid, timely and accurate data for financial reporting and disclosure management. Mr. Pritchard continues, Integrated automation not only eliminates manually intensive, spread-sheet based tasks, it creates a trusted, secure pipeline for data with end-to-end visibility that ensures proper compliance, shortens cycle times, and significantly reduces the overall cost of the finance function.

For nearly three decades, CRFI has been the must-attend event for senior finance professionals, leading experts and regulators. Entitled "Outlook 2011," CFRI will feature two days of in-depth discussion and insight on the most relevant issues facing the industry, and an outlook for the year ahead. For more information on CFRI, visit http://www.financialexecutives.org/cfri.

About Trintech:

Trintech is the leading global provider of integrated software solutions for the Last Mile of Finance. From the time a transaction occurs to the time financial statements are issued, Trintechs innovative Unity Suite automates data collection, account reconciliation, financial close management, financial reporting, XBRL, and financial control testing. As a result, our 600 clients and 100,000 users worldwide benefit from an enterprise wide view into critical financial processes, and are able to increase efficiency, improve visibility, shorten cycle times, lower costs, and reduce risk.

More than 100,000 finance professionals in 41 countries rely on Trintech. Trintech clients include 50% of the Fortune 50 and nearly 25% of the Fortune 500 representing retailers, manufacturers, financial institutions and healthcare providers globally. Clients who have placed their trust in Trintech include Google, Microsoft, RR Donnelley, Regis Corporation, Walmart, O2, Blackstone, BAE Systems, HSBC and Toyota Financial Services. To better serve our global client base, Trintech offices are located in the United States, the United Kingdom, The Netherlands, France and Ireland, with partners in South Africa, Latin America and across the Asia Pacific region. For more information on how Trintech can help you transform your Last Mile of Finance, please contact us online at http://www.trintech.com.

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