German utility company RWE is to implement Trema's flagship Finance Kit across its treasury and asset management operations.
Finance KIT will be deployed in a Windows operating environment on MS SQL and will enable RWE to cover a range of asset classes including foreign exchange, interest rate derivatives, bonds and money market instruments.
RWE will also use the software for inter-bank depos and loans, collateral management, inter-company lending and valuation cheques. In addition, Trema's Finance eKit application will be used to provide dealing and reporting functions to RWE's global subsidiaries.
Bernd Schulze, project manager, RWE, says it is extremely valuable to have coverage of treasury and asset management requirements in a single system.