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."