Trema wins Finnish pensions contract

Trema wins Finnish pensions contract

Finland's Local Government Pensions Institution has selected Trema's Finance KIT to streamline its asset management operations.

The Local Government Pensions Institution is a statutory pensions institution responsible for the pension cover of municipal employees in Finland.

The organisation has implemented the front, middle and back office STP capabilities of Finance KIT to cover a broad range of asset classes, including fixed income, money market, foreign exchange, equities, and derivatives.

Mari Hietala, performance analyst, The Local Government Pensions Institution, explains: "Our previous system was old and it didn't really supply all instruments. This meant that we often had to supply workarounds - with Finance KIT this is not necessary and consequently we will save time and reduce error levels."

Comments: (0)