Trintech for Building Societies
From essential daily reconciliations to complex processes during the close, Trintech can strengthen financial control and reduce risk while increasing efficiency and improving visibility for more confidence in the data and the close.
Built for the Financial Control Needs of Building Societies
Building societies manage significant financial activity across mortgages, savings, and payments With data moving between the core banking platform multiple systems, and the general ledger, maintaining consistent financial control can require significant effort.
Trintech automates high-volume reconciliations, surfaces exceptions earlier and creates a more consistent approach to reconciliation and the financial close.
Working alongside existing banking and finance systems, Trintech helps building societies reduce manual work, strengthen financial control and provide greater visibility across daily reconciliations and the close.
Reconciliation Use Cases for Building Societies
Savings & Deposit Reconciliation
Reconcile member deposits, withdrawals, interest, maturities and payment activity across savings platforms, bank statements and the general ledger. Identify timing differences, missing postings and unmatched items earlier.
Mortgage Reconciliation
Match mortgage advances, repayments, fees, redemptions and servicing activity across origination, servicing and ledger systems. Surface breaks before they create downstream reporting or close issues.
Regulatory & Prudential Reporting Reconciliation
Reconcile liquidity, capital and prudential reporting data across core banking systems, finance data and the general ledger. Identify discrepancies earlier and strengthen the accuracy, traceability and control of regulatory submissions.
Payments & Clearing Reconciliation
Match faster payments, Bacs and other payment activity across clearing files, bank accounts, core banking systems and the general ledger. Reduce manual investigation and improve daily control.
Suspense & Exception Reconciliation
Identify and manage unmatched items across suspense, clearing and control accounts. Give finance teams clearer ownership, ageing and visibility of exceptions before month-end.
What Trintech Delivers for Building Societies
Reduce Manual Reconciliation Work
Highlights
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Automate high-volume reconciliation activity across savings, payments, and finance systems
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Reduce spreadsheet-based checking and repetitive manual comparison
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Focus finance teams on genuine exceptions rather than matched activity
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Create more capacity as transaction volumes grow
Trintech empowered us to modernize our reconciliation process. We went from looking at 100+ recons to just 20. That’s a huge lift.
Strengthen Financial Controls
Highlights
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Identify missing, duplicate, or unmatched financial activity Improve visibility across reconciliation processes
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Strengthen ownership and accountability across reconciliation processes
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Maintain clearer supporting evidence for review, audit, and governance
Without automation from Trintech, it would be impossible to accomplish the work that we do, both in quality and in volume.
Improve Month-End Readiness
Highlights
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Resolve reconciliation issues earlier in the period instead of at month-end
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Reduce aged suspense, clearing, and unresolved reconciling items
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Improve visibility of outstanding work and potential blockers
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Create a clearer and more predictable path to financial sign-off
Almost 90% of our balance sheet is automated through Trintech. The result? Everyone goes home at 4:30 p.m. No staying late to reconcile spreadsheets. No data entry marathons. People get to pick up their kids, go to football games, and spend time with family.
Purpose-Built Reconciliation Automation for Building Societies
Reconciliation that’s built for scale
From thousands to over 150 million per day, Trintech is powerful enough to manage daily reconciliations at the item, balance, or group level. Teams can increase oversight without adding additional staff.
Manage high-volume and highly complex reconciliations
Trintech’s advanced matching engine automates daily reconciliations, providing real-time insights and highlighting risks or upstream process issues before they escalate.
Automate 100% of your balance sheet
Trintech automates balance sheet reconciliations with a complete, audit-ready trail — freeing your team to focus on what matters.
