Superior performance earns Trema ranking among 2005 FinTech 100

Business Wire,  Nov 14, 2005  

Tags: performance, Trema

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BOSTON -- With The Trema Suite, the central treasury of banks, mortgage banks and debt offices gain immediate visibility and control over the whole funding process

Trema, the leading provider of treasury and asset management software, announced today that it has earned a ranking on the highly competitive American Banker/Financial Insights 2005 FinTech 100 list of top software, hardware and services providers in the financial services industry.

The FinTech 100 evaluates companies based on fiscal year end revenues (FY04) and the percentage of revenues attributed to financial services. Based on these quantifiable, verifiable data, Trema has been chosen as a leader in the treasury and asset management software category.

"Securing a ranking on the 2005 FinTech 100 is not only a great honor, but also evidences the growing importance of integrated software solutions for 21st century financial institutions," said Jeffery J. Struzenski, executive vice president and general manager for the Americas, "In order to achieve maximum ROI from a financial software application, the solution needs to provide depth of functionality and solid integration capabilities. Uniquely, our product delivers on both counts and this explains its appeal to a growing number of customers worldwide, and more noticeably in North America."

"The Trema Suite supports straight through processing of the widest range of functionality and asset classes, including complex structured products, all within a single real-time environment. As a result, our customers gain immediate visibility and control over the whole funding process to achieve a lower cost of financing." added Thomas Bergqvist, chief marketing officer for Trema.

The announcement of Trema's position among the FinTech 100 follows closely on the heels of the release of Version 7 of its software suite, as well as the acquisition of middle-market treasury management solutions provider Richmond Software, making Trema the only substantial dedicated provider of specialized treasury solutions.

Notes to Editors

About Trema

Trema is the leading provider of treasury and asset management software for corporations and financial institutions. Trema's experts in treasury and asset management are setting a new standard for the industry and are highly focused on adding measurable value to our customers.

Trema is proven at over 250 global blue-chip customers including The European Central Bank, Lucent Technologies, Banque de France, Porsche, GE Capital, ABN Amro, ING Investment Management, Cargill, Merck and Philips. Trema is also the largest global provider of treasury systems to the central bank market.

Trema offers two distinct solutions tailored to respond to the varied needs and operational complexities of today's treasuries:

The Trema Suite(TM) is a versatile treasury & asset management suite that supports the widest range of instruments and functions, in a single integrated, yet open and modular system. It delivers unprecedented ROI by providing companies with immediate visibility & control, and easy compliance throughout the enterprise.

The suite includes five integrated modules: Transaction & Risk Management, Cash Management, Commercial Loan Management, Portfolio & Performance Management and Accounting.

Web-based technology allows the customer to deploy both systems globally and securely via the Internet. Open design and versatile API tools ensure that the systems can be interfaced to other applications such as dealing platforms, market data feeds, banks, ERP and payment and settlement systems.

The Richmond Suite is an efficient corporate treasury solution that is quick to install, easy to use, maintain and yet delivers best practice in one cost effective package.

The Richmond Suite can be deployed on the desktop or over the web and is available in ASP mode. It also comes with a powerful task scheduler which can automate, time, and sequence many workflow processes, including the import or export of data to and from other systems.

Trema is a privately held corporation, which is owned by major institutional investors with a strong track record: Investcorp, The Carlyle Group, ABS Ventures and Norsk Vekst.

For more information please visit: www.trema.com

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