Financial Services Industry
Industry: Email Alert RSS FeedTrema provides STP to DekaBank.
Financial News, March, 2003
Byline: Melanie Wold
DekaBank, a German wholesale and investment fund bank, has implemented a front-, middle- and back-office treasury management system from Trema.Trema, a provider of financial software, has installed Trema Finance Kit at DekaBank in its Frankfurt and Luxembourg offices, to capture and process foreign exchange and money market deals.
DekaBank is using Trema's technology to provide it with a straight-through processing backbone for integrating liquidity management and reducing operational risk.
Wolgang Rau, chief information officer at DekaBank, said the bank has a strategy to implement STP wherever possible to reduce operational risk. He said: "Through the completion of this project we have brought together a variety of...
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