Fujitsu and Trintech Partner to Extend XBRL Capabilities of Trintech Unity XFR Reporting Solution
By Trintech Group Plc, PRNETuesday, November 17, 2009
Unity XFR Financial Reporting Software Embeds Fujitsu Interstage XWand Processing Engine for Advanced XBRL Functionality
SUNNYVALE, California and ADDISON, Texas, November 18 - Trintech Group Plc (Nasdaq: TTPA), a leading global provider of
integrated financial governance, risk management and compliance software
solutions, announced today that it has embedded the Fujitsu Interstage(R)
XWand(R) XBRL processing engine into the Trintech Unity Xtensible Financial
Reporting (XFR) software module, dramatically extending the ability of
Trintech clients to create, manage and validate XBRL-compliant financial
statements, including Edgar Filer Manual (EFM) validation.
Fujitsu Interstage XWand software helps companies create, validate,
report, collect, and analyze financial data in XBRL, a standard format for
disclosing financial information. By facilitating the integration of XBRL
within financial processes, Interstage XWand boosts the level of automation
and transparency throughout the entire financial reporting cycle.
Trintech's Unity XFR solution is an external financial reporting software
module with advanced workflow, document management and XBRL tagging features
to help businesses comply with current and planned regulatory mandates
dictating the use of XBRL in financial statements. Unity XFR has supported
embedded XBRL tagging capabilities since 2007, but with the integration of
Fujitsu Interstage XWand, Trintech can now offer its world-class tagging user
experience on top of a leading XBRL processing engine. Unity XFR is part of
Trintech's Unity Financial GRC Software Suite. To learn more about Unity XFR,
or any of the other modules in the Unity suite, visit www.trintech.com today.
Quotes: - John Van Decker, Research Vice President, Gartner: "Many companies are turning to tools that integrate with their consolidation solutions to manage further reporting coordination within the last mile. These kinds of solutions continue close activities after consolidation, adjusting entries and report creation. Critical processes, such as XBRL tagging and preparation of external reporting to be handed off to a publisher, are executed." Source: Gartner Report "Financial Statement Production: The Final Step in the Last Mile of Finance" authored by John Van Decker (June 5, 2009) - David Taylor, Vice President of Strategy, Trintech: "Fujitsu has one of the leading XBRL processing engines on the market, and worked diligently to understand and align with Trintech's business model. As part of our Unity XFR software solution, the advanced Fujitsu XBRL processing, validation, and XBRL document generation capabilities greatly complement and enhance Unity XFR's financial reporting functionality, making it easier and more cost-effective for finance professionals to embrace XBRL as just another part of their daily financial reporting activities." - Ryosuke Mori, Executive Vice President, Platform Products, Fujitsu America: "XBRL is the future of financial reporting. Interstage XWand is fully compliant with the latest version of the XBRL specification, providing a powerful API that allows innovative businesses like Trintech to develop rich, powerful applications that can harness and extend the power of XBRL." Press Contacts: Fujitsu America, Inc. Karen Richardson, Public Relations Manager +1-408-746-3300, karen.richardson@us.fujitsu.com Eastwick Communications Elizabeth Hilton, Associate +1-650-480-4018, ehilton@eastwick.com Dallas: Dave Tomlinson - Director, Marketing Tel. +1-972-739-1611. Email: dave.tomlinson@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 15851 Dallas Parkway, Suite 900 Addison, TX 75001 Tel +1-972-701-9802 Trintech UK Ltd. Warnford Court, 29 Throgmorton St. London EC2N2AT, UK Tel +44(0)20-7628-5235 Trintech Technologies Block C, Central Park Leopardstown, Dublin 18, Ireland Tel +353-1-293-9840 Trintech Cypresbaan 9 2908 LT Capelle a/d Ijssel, The Netherlands Tel +31(0)10-8507-474
About Fujitsu
Fujitsu is a leading provider of IT-based business solutions for the
global marketplace. With approximately 175,000 employees supporting customers
in 70 countries, Fujitsu combines a worldwide corps of systems and services
experts with highly reliable computing and communications products and
advanced microelectronics to deliver added value to customers. Headquartered
in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.6
trillion yen (US$47 billion) for the fiscal year ended March 31, 2009. For
more information, please see: www.fujitsu.com.
About Fujitsu America, Inc.
Fujitsu America, Inc. provides a complete portfolio of business
technology services, computing platforms, and industry solutions. Fujitsu
platform products are based on scalable, reliable and high-performance
server, storage, software, point-of-sale, and mobile technologies. Fujitsu
combines its renowned platform offerings with a full suite of onshore, near
shore and offshore system integration, outsourcing, and datacenter services
covering applications, operations, infrastructure, customer service, and
multi-vendor lifecycle services. Fujitsu provides industry-specific solutions
for retail, manufacturing, healthcare, government, education, financial
services, and telecommunications sectors. For more information on Fujitsu
America's business scope, visit solutions.us.fujitsu.com/.
Fujitsu, the Fujitsu logo, Interstage and XWand are trademarks or
registered trademarks of Fujitsu Limited in the United States and other
countries. All other trademarks and product names are the property of their
respective owners.
The statements provided herein are for informational purposes only and
may be amended or altered by Fujitsu Limited without notice or liability.
Product description data represents Fujitsu design objectives and is provided
for comparative purposes; actual results may vary based on a variety of
factors. Specifications are subject to change without notice.
Karen Richardson, Public Relations Manager of Fujitsu America, Inc., +1-408-746-3300, karen.richardson at us.fujitsu.com; or Elizabeth Hilton,Associate of Eastwick Communications, +1-650-480-4018, ehilton at eastwick.com; or Dave Tomlinson - Director, Marketing of Trintech Group Plc, +1-972-739-1611, dave.tomlinson at trintech.com
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