Plano-based Trintech is expanding its global footprint with a new center in Bengaluru, India, the financial software provider announced last week. This move comes amid strong growth and just weeks after the launch of Trintech’s Innovation Lab at its North Texas headquarters.
The Bengaluru facility, joining existing operations in Noida and Pune, will support Trintech’s Innovation Lab. Launched on May 29, the lab focuses on advancing AI and other cutting-edge technologies for financial close solutions.
The Bengaluru facility will play a key role in supporting Trintech’s Innovation Lab, the company said. Launched on May 29, the Plano-based lab focuses on advancing artificial intelligence and other cutting-edge technologies for financial close solutions.
Ram Dwivedi named to lead expansion
To lead the strategic expansion, Trintech has appointed Ram Dwivedi, a veteran in product engineering and R&D, as country manager. Dwivedi will develop the Bengaluru center, enhancing the capabilities of Trintech’s Innovation Lab, which aims to innovate for the “office of the CFO” using state-of-the-art AI technology.
Trintech CEO Darren Heffernan emphasized Dwivedi’s role in driving the success of the new center, which he called “crucial” to Trintech’s mission. CTO Sunil Padiyar added that the expansion would bolster R&D capabilities and foster creativity and collaboration.
“Trintech is positioned to lead the charge in AI-driven automation for financial close processes,” Padiyar said last month, referring to the launch of the new innovation lab.
Trintech’s platform, serving over 4,200 clients globally, uses a matching engine to handle large data volumes and complex processes, streamlining finance and accounting for businesses of various sizes.
The company reported a 20% year-over-year increase in Q1 bookings in May, with CEO Heffernan noting that the company’s “momentum is strong and only getting stronger.”
Founded at Trinity College in Dublin, Ireland, in 1987, Trintech has undergone significant changes in recent years. It began expanding geographically in 2016 and moved its headquarters to Plano in 2021, leasing 70,000 square feet at Granite Park Seven. The company now operates across the United States, Europe, Australia, South America, Africa, and Asia Pacific.
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