HWA International

Name

HWA International

Legal name

HWA International, Inc.

Website

https://hwainternational.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Trust Accounting Software

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Finance Services (6199)

akta.pro primary industry

Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF)

akta.pro secondary industries

Private Client/High-Net-Worth Advisory (FSAEAAAN), Software/Application Support (SaaS, Enterprise Apps) (BPAAACAC)

Keywords

• Trust accounting software
• Fund accounting systems
• Foundation accounting software
• Compliance workflow solutions
• Wealth management CRM

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Software Licenses and Subscriptions: HWA International derives revenue from software licensing of their TNET and TRUSTprocessor product lines. The modular architecture allows clients to pay only for needed modules, with add-on capabilities available as business requirements change. Phased implementations and upgrades are offered, including a TNET Lite option for startups that can apply 100% of license investment to full TNET upgrades.
2. Managed Services and Hosting: HWA offers hosting services as an Application Service Provider (ASP), reducing client hardware and operational costs. Their SSAE16 certified servers provide secure, reliable hosting with backup redundancies. These managed services generate recurring revenue from ongoing hosting fees.
3. Professional Services and IT Support: Full-service IT support including remote monitoring and management (RMM), ransomware detection, backup and disaster recovery services. These services provide additional revenue streams through technical support contracts.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

HWA International develops, sells, and hosts Java-based, thin-client trust and fund accounting software for banks, trust companies, family offices, foundations, and other financial institutions. Its core offerings are the TNET suite (TNET FrontOffice for CRM, workflow and compliance plus TNET BackOffice for transaction-code-based trust/fund accounting, with a TNET Lite option for smaller offices) and the TRUSTprocessor suite for foundations and non-profit trust professionals (with general-ledger BackOffice and FrontOffice CRM/workflow). The company supplements its software with hosting (ASP), full-service IT support, backup and disaster recovery, and back-office outsourcing services.

Product overview

HWA International offers a comprehensive suite of trust accounting software solutions organized into two main product lines: TNET (for trust professionals) and TRUSTprocessor (for foundations and non-profit trust professionals). Each product line consists of FrontOffice (CRM, workflow, and compliance) and BackOffice (core accounting) components. TNET BackOffice is based on transaction codes while TRUSTprocessor BackOffice uses general ledger accounting. A Lite version of TNET BackOffice is available for small offices and startups. The portfolio is modular, allowing organizations to pay only for needed add-on modules. The company also provides supplementary services including outsourcing, hosting (ASPs), IT support, and disaster recovery. All products are delivered as thin-client Java-based solutions.

Differentiator

Problem solved

Functional benefit

Brands

• TRUSTprocessor: Foundation accounting software product line for non-profit trust professionals, including FrontOffice (CRM and workflow) and BackOffice (general ledger accounting). Over 65% of TRUSTprocessor client base is foundations.

Products and services

• TNET FrontOffice CRM, workflow, and compliance software built specifically for trust professionals, offering customer relationship management, sales workflows, multi-level approval workflows, compliance workflows (including Reg 9/Admin review), and core accounting system integration. Designed for banks, trust companies, family offices, and IRA offices using HWA's TNET BackOffice.
• TNET BackOffice Robust and highly-flexible core trust and fund accounting system based on transaction codes, handling separation of income and principal, open month and year-end processing, transaction generators, bulk processing, flexible reporting, and strong user security and audit logs. Targeted at trust professionals serving banks, trust companies, family offices, IRA offices, and other financial institutions.
• TNET Lite BackOffice An affordable, right-sized trust accounting solution for smaller offices, startups, and de novos, including separation of income and principal, transaction generators, bulk processing, and flexible reporting. Available to offices under $10 million under management or under 40 accounts, with 100% of license investment applicable to upgrade to full TNET.
• TRUSTprocessor FrontOffice CRM, workflow, and compliance software built for foundations and non-profit trust professionals, including donor relationship management, workflows for new donors, multi-level approvals for fund operations, core accounting integration, and compliance workflows. Over 65% of TRUSTprocessor client base is foundations.
• TRUSTprocessor BackOffice Robust, feature-rich foundation accounting software for non-profit trust professionals based on general ledger accounting, with flexible GL, pooled fund accounting, real-time and batch processing, unlimited history, and open month and year-end capabilities. Supports investment agencies, CRUTs, CRATs, charitable gift annuities, revocable trusts, estates, and endowment accounts.
• Outsourcing Services Managed back-office operations service in which HWA's professionals handle administrative, operational, and compliance functions for the client, while the client retains TNET FrontOffice for client relationship management, documents, reporting, and compliance. Designed for organizations seeking to outsource trust or foundation back-office operations.
• Hosting Services Application Service Provider (ASP) hosting for HWA's trust and foundation software on SSAE16 (formerly SAS-70) certified servers with backup redundancies for secure, reliable, and continuously available data hosting.
• IT Services Full-service IT support including remote monitoring and management (RMM) and ransomware detection, with real-time visibility, continuous monitoring, automated responses, full device management, and robust scheduled reporting.
• Backup & Disaster Recovery Services Data backup and recovery services covering on-premise and cloud storage, multiple retention options, and full server duplication, enabling organizations to recover from natural calamities, outages, hardware failure, or cyberattacks.

Quantifiable outcome

• 50,000+ hours saved annually for clients
• +2 more outcomes

Named customers6 records

Segments12 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature14 records

Partnerships

Two partnerships are on record, tiered minor.

• Revzon Consulting GroupminorImplementation/ SI/ Consulting PartnerOutsourcing services for trust operations.
• Trust Management NetworkminorImplementation/ SI/ Consulting PartnerOutsourcing services network for trust management.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• SS&C Technologies: SS&C offers Advent, Geneva, and other wealth/fund accounting platforms to trust companies, family offices, and foundations - directly comparable to HWA's TNET and TRUSTprocessor for institutional wealth and non-profit accounting.
• Fiserv: Fiserv's Digital and Banking Solutions include wealth and trust capabilities serving large and regional banks and credit unions, overlapping with HWA's trust-department customer base.
• SEI Investments: SEI provides wealth management and trust operations platforms used by banks, trust companies, and family offices - a broad competitor to HWA's TNET in the trust operations stack.
• Temenos: Temenos provides core banking and wealth management software to banks globally, with trust and fiduciary functionality that competes for the same bank-department buyers HWA targets.
• Jack Henry & Associates: Jack Henry provides core banking and trust accounting software to community and mid-size banks - HWA's core customer segment - through its SilverLake and other platforms, making it the most directly comparable incumbent to HWA TNET.
• FIS (Fidelity National Information Services): FIS sells trust and wealth management accounting platforms (e.g., TrustDesk and other bank trust systems) as part of a broad banking-tech portfolio serving retail/commercial banks - a direct competitor to HWA on trust accounting at larger incumbents.

Direct peers

• InvestEdge: InvestEdge delivers trust and wealth accounting software to banks, trust companies, and family offices - the closest direct peer to HWA TNET in terms of customer profile and product scope.
• Profile Software: Profile Software offers Axia and other banking/wealth solutions including trust and fund accounting for retail banks, wealth managers, and family offices - directly comparable to HWA's TNET trust accounting offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hwa-international-inc.
• Xx.com/hwaintl

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HWA International