Tricor Group Among HCM Top 500

15/F, International Trade Tower, 348 Kwun Tong Road, Kowloon

Hong Kong, x, x, Hong Kong

852 298-018-88

https://www.tricorglobal.com/

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Tricor Group Strengths, Domain Expertise, and Key Differentiators

Tricor Group has a growing global presence and it's Asia leading provider of integrated business, corporate, investor, human resources & payroll, and corporate trust & debt services. As a business enabler, Tricor provides outsourced expertise that allows its clients to concentrate on building a business. In most of the countries and territories in which Tricor operates, its professional specialists provide a comprehensive range of services including the following: business advisory; entity formation; corporate governance, corporate administration & secretarial; trust & fiduciary services; accounting & financial reporting; payroll, payment & treasury administration; services for new issues / initial public offerings (IPO) & registry management; tax services; China entry & consulting; executive search; human resource consulting; and fund administration.

Tricor Group Recent Developments

In January 2020, Tricor Hong Kong partnered with Willis Towers Watson (WTW), a leading global advisory, broking and solutions company, to broaden its comprehensive portfolio of services with insurance, risk management and human capital solutions. The partnership is founded on WTW’s experience of delivering best in class workforce protection and risk transfer solutions.

In November 2019, Tricor Group partnered with Praxonomy, a cloud-based board management software provider, to expand its solution portfolio with Praxonomy's secure digital board portal.

In June 2018, Tricor Group released unify | HRS, a comprehensive and integrated technology and services solution that addresses the human resources challenges businesses to face as they grow in the region. The integrated solutions suite is a result of combining Tricor Group's market-leading managed services with a mature human resources software and outsourcing platform from Orisoft Technology.

Tricor Group Mergers and acquisitions (M&A) Activities

In April 2020, Tricor completed the sale and purchase agreement to acquire the Malaysia operations of Axcelasia Inc., an integrated professional services firm delivering Governance, Risk & Compliance (GRC) solutions, corporate, business and tax services. Axcelasia Inc., ("Axcelasia") a SGX listed company, has a staff of 100+ professionals and a 1,000+ client portfolio consisting of public listed companies, private companies, government-linked entities and multinational corporations.

Tricor Group Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tricor Group applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Tricor Group and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Tricor Staffi ng Solutions (TSS) customers.

Tricor Group Key Cloud and HCM Applications

Tricor Staffi ng Solutions (TSS)

Tricor Group HCM and Cloud HCM Applications Revenues, $M:

Type/Year20182019YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
HCM Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud HCM Applications Revenues, $M Subscribe Subscribe Subscribe

* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Tricor Group Revenue Breakdown by Type:

TypeLicenseServicesHardwareSupport & MaintenanceSaaS
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe

Tricor Group Total and HCM Applications Revenues by Region:

Region% of Total Revenues2019 Total Revenues, $M2019 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Tricor Group Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Tricor Group Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Tricor Group Customers


No. of Tricor Group Customers: 50000

No. of Tricor Group HCM Applications Customers: x

No. of Tricor Group Cloud HCM Customers: x

No. of Tricor Group Cloud HCM Subscribers: x


Among Tricor customers are 50,000 clients, including 2,000 companies publicly listed in Asia and over 40% of the Fortune Global 500 companies,Tricor has a network of offices in 39 cities across 20 countries/territories.

Tricor Group Market Opportunities, M&A and Geo Expansions

In 2019, Tricor experienced Digital Transformation at a faster pace than ever before, setting the precedent for a much-anticipated 2020. As digital technologies dramatically reshape industries, many companies are pursuing large-scale change to get a good grip of the trending benefits and to keep up with competitors.

Tricor Group Risks and Challenges

Tricor Group is primarily a financial services company.

Tricor Group Ecosystem, Partners, Resellers and SI

In February 2020, Tricor Hong Kong and Farseer entered into a strategic partnership, combining Tricor’s leading integrated business advisory and share registry services with Farseer’s Artificial Intelligence (AI) platform. Through this partnership, Tricor and Farseer provide a platform that helps companies gain visibility into what is driving brand and IR health.

In January 2018, Tricor Group unveiled its strategic alliance with global expansion experts Fitzgerald & Law, to enable US companies to enter both European and Asian markets with ease. From their shared base in San Francisco, the two companies will collaborate on their sales and marketing efforts across the US helping clients to accelerate expansion into key markets. This strategic alliance will streamline all cross-border services including company formation, global payroll, international accounting, tax, and HR.

Tricor Group Cloud Platform (PaaS) and Infrastructure (IaaS) Details

Subscribe to read more about:

  • Tricor Group Public Cloud and Infrastructure (IaaS)
  • Tricor Group Platform (PaaS)
  • Tricor Group Application Delivery
  • Tricor Group Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.


Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).


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