news

New Chief Financial Officer Named at Trintech

Dallas, TX - Trintech, a leading global provider of integrated software solutions for the Last Mile of Finance™, announced today the appointment of Darren Heffernan as executive vice president and chief financial officer where he will oversee finance, human resources, legal, facilities and global support services.

“As Trintech seeks to transform the office of finance for our customers with a single, cloud-based solution for the record-to-report process, Trintech itself must navigate this transition,” said Trintech CEO Paul Byrne. “Darren’s knowledge of finance and Trintech’s operations make him a natural leader for our financial function at this important moment.”

Heffernan has been a core member of the Trintech team since 2001 when he joined the company as global financial planning & analysis manager. He has held a variety of positions during his tenure with the company, including vice president of global operations, vice president of global client services, and most recently, executive vice president. Heffernan created the company’s software-as-a-service (SaaS) division in 2004, and has been instrumental in driving the growth in this business unit. Prior to joining the Trintech team, Heffernan worked in financial roles at GE Capital and Paramount/Universal Studios. He is a fellow of the Association of Chartered Certified Accountant (ACCA).

“Trintech’s leadership in driving innovation for the office of finance first prompted me to join the company more than a decade ago,” said Heffernan, Trintech CFO. “Trintech strives to improve the effectiveness and efficiency of the finance function by simplifying the Record-to-Report process that burden many finance and accounting professionals. I’m proud to take on the role of CFO for Trintech and provide the customer’s perspective inside the company.”

About Trintech:

Trintech is the leading provider of financial software solutions for the Record-to-Report process. Nearly 700 clients across 100 countries – including half of the Fortune 50 and the FTSE 100 – rely on our solutions to optimize resources, reduce costs, manage risk and monitor activities across the entire finance organization worldwide. Trintech offices are located in the United States, the United Kingdom, The Netherlands, France, Ireland, Australia and Hong Kong, with partners in South Africa, Latin America and across the Asia Pacific region. For more information, please visit www.trintech.com.

The specific companies identified above do not represent all of Spectrum’s investments, and no assumptions should be made that any investments identified were or will be profitable. View the complete list of our portfolio companies. Spectrum is not responsible for the contents of any third party website linked above, and has not confirmed the accuracy of any information provided therein.