Today we are talking to Derick Schaefer, the CTO at Trintech. And we discuss effective ways to grow and mentor your direct reports, the evolution of the CTO role, and how Trintech is making use of an innovation portal to get closer to their customers.

All of this, right here, right now, on the Modern CTO Podcast!

Derick Schaefer is the Chief Technology Officer (CTO) of Trintech, leading its software engineering, cloud operations, information technology, and information security functions. Schaefer has spent over 25 years in a variety of software leadership roles including the last 10 years running large scale SaaS and PaaS operations.

Prior to joining Trintech, Schaefer led engineering, information security, and compliance for Silicon-Valley based Digital Insight (an NCR Company) who provided online banking and mobile solutions for community financial institutions.

Schaefer received his Bachelor’s degree in Liberal Arts from the University of Texas at Austin and his MBA from The University of Miami.

ABOUT Trintech:

At Trintech, we pride ourselves on providing enterprise-class financial solutions for the Record to Report process to organizations committed to transforming their financial process to best in class levels of efficiency and effectiveness.  We understand the deadlines, dynamics and challenges of managing the Record to Report process.

How? We live it every day. We’re financial professionals – just like you.

From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, managing intercompany workflow and transactions, journal entries, disclosure and fiduciary reporting and bank fee analysis, to governance, risk and compliance – Trintech’s portfolio of financial solutions optimize resources, reduce costs, and improve governance and transparency across the entire financial close process. 

Today, over 3,500 clients across 100+ countries – including the majority of the Fortune 100 – rely on Trintech’s solutions to help manage their financial close. Trintech clients include the global leaders in retail, technology, restaurants, manufacturers, hospitality, finance, healthcare, and more. Clients who have placed their trust in Trintech include Microsoft, Siemens Corporation, HP, Verizon Wireless, 7-Eleven, Chick-Fil-A, Uber, CVS Corporation, Marriott Corporation, BAE Systems, American Express, Coach, Coca-Cola, Ralph Lauren, ConAgra, Dr. Pepper/Snapple, BJ’s Restaurants, Toyota Financial Services, as well as many more notable household names.

Joel Beasley

Joel began writing code at age 13 selling his first technology by age 18 for one million dollars. In his first three transactions, he developed key relationships and began working with Investors and Chief Technology Officers collaborating and building products in Real Estate, Law, Finance, and Fitness.

Today, Joel is a Chief Technologist volgging the process of building a company LeaderBits.io. Joel is an author of the book Modern CTO a #1 New Release on Amazon and a #1 Technology Podcast with 70k active listeners. Joel has a clear vision and passion for modern technology, placing him as one of the most exciting Chief Technology Officers to watch out for.

Joel is the President of BeasleyFoundation.org a charity that designs STEM related children’s books Back to the Moon and Princess Physicist. These books are then donated to orphanages, homeless pregnant woman and in-need children. Beasley Foundation was formed in February 2017 after Joel, Mitch and Valerie lost their Mother to Leukemia after being diagnosed 6 weeks earlier. Joel and his siblings wanted to do something unique with her life insurance money and the Beasley Foundation was formed.

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