Western & Southern Uses Trintech’s Reconciliation and R2R solutions to Oversee and Report on Internal & External Financial Controls
Western & Southern Financial Group is a Fortune 500 diversified family of financial services companies, owning and managing total assets of $65 billion. Western & Southern is one of the strongest life insurance groups in the world. Its six life insurance subsidiaries maintain strong financial strength ratings, and combined, all of Western & Southern’s life insurance companies have a Comdex Ranking of 96.
Western & Southern Financial decided to automate its entire Record to Report process with Trintech’s solutions. The results? “Trintech’s solution is flexible enough to integrate with any of our systems,” said Jason Nickles, Director of Corporate Accounting, Western & Southern. “It doesn’t lock you in. The workflow has really taken our financial processes to the next level. I can push new instructions and feedback straight through the solutions to our end-users. Management can now monitor the status of our financial activities and communicate changes in priority in real time with individual team members.”