Business Services Industry

Custody, Settlement and Technology News: In brief - EIB signs up Trema Finance KIT to consolidate operations.(European Investment Bank)(Brief Article)

Financial Times Mandate, July, 2002

Trema Finance KIT, the real-time straight-through-processing (STP) system for treasury, cash, risk and asset management has been chosen by the European Investment Bank (EIB) to manage its entire treasury, borrowing and lending operations.

EIB will use Trema Finance KIT to integrate and re-engineer its processes, manage risk and consolidate its operations into one system.

The first phase of implementation will be in EIB's treasury business, comprising foreign exchange, money markets and securities. Trema Finance KIT will be implemented across the front, middle and back office in treasury and borrowing activity, including structured products.

The final phase of implementation will integrate EIB's processing of the complete lending portfolio and...

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