Fintech
North Texas Fintech Triples India Efforts, Boosts AI and Innovation Lab Efforts » Dallas Innovates
Trintech has appointed product engineering and R&D expert Ram Dwivedi as country manager for India. [Photo: Trintech]
Plano-based Trintech is expanding its global presence with a new center in Bengaluru, India, the financial software provider announced last week. This move comes during a period of strong growth and just weeks after the launch of Trintech’s Innovation Lab at its North Texas headquarters.
The Bengaluru facility, which joins 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 May 29, the Plano-based lab focuses on advancing artificial intelligence and other cutting-edge technologies for financial close solutions.
Ram Dwivedi appointed to lead expansion
To drive the strategic expansion, Trintech has appointed Ram Dwivedi, a veteran in product engineering and R&D, as country manager. Dwivedi will develop the Bangalore center, enhancing the capabilities of Trintech’s Innovation Lab, which aims to innovate for the “office of the CFO” using cutting-edge AI technology.
Trintech CEO Darren Heffernan highlighted Dwivedi’s role in driving the new center’s success, calling it “critical” to Trintech’s mission. CTO Sunil Padiyar added that the expansion will strengthen 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, which serves more than 4,200 customers worldwide, uses a matching engine to manage large volumes of data and complex processes, simplifying finance and accounting for businesses of various sizes.
The company reported a 20% year-over-year increase in first-quarter bookings in May, with CEO Heffernan noting that the company’s “momentum is strong and only getting stronger.”
Founded in Trinity College 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 in the United States, Europe, Australia, South America, Africa, and Asia Pacific.
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