Case Study: Lockton strengthens financial controls with Trintech

Lockton strengthens financial controls with Trintech after growing from 20 to 400 employees

Lockton, one of the world's largest privately owned insurance brokers, faced significant challenges as rapid growth across the Asia-Pacific region overwhelmed its manual financial processes. Relying heavily on spreadsheets for reconciliations introduced risk, limited visibility, and lacked auditability. To strengthen financial controls and prepare for an upcoming ERP transformation, Lockton partnered with Trintech to automate its reconciliation processes.

By implementing Trintech's solution, Lockton successfully moved away from spreadsheets, gaining enhanced visibility, stronger audit controls, and clearly defined workflows. The vendor's platform provided the team with real-time dashboards to monitor performance and proactively address issues. While specific time savings were not quantified, the qualitative impact was clear: auditors expressed a high level of comfort and found no issues, giving leadership greater confidence in their financial data. Lockton considers its partnership with Trintech a foundational achievement that has future-proofed its finance function.

Lockton