17 June 2011

HCL Tech partners with Trintech to improve clients' R2R processes:: Angel Broking,

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HCL Tech partners with Trintech to improve clients' R2R processes
HCL Tech has entered into a partnership with Trintech, a financial software provider.
Under the partnership, HCL Tech will leverage Trintech's Last Mile of Finance platform to
deliver its customers with cost reduction and process improvement capabilities. Trintech
offers a robust web-based platform on which HCL Tech can transform its clients' record-toreport
(R2R) processes. By leveraging Trintech's Last Mile of Finance platform, HCL Tech
will provide clients with complete, real-time visibility across multiple ERPs and disparate
legacy systems. The Trintech platform enables HCL Tech to automate clients' reconciliations
and streamline the entire financial close process to ensure compliance, improved cycle
times, and reduced costs. We maintain Buy rating on the stock with a target price of `603

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