Business Services Industry
Trema scores a hat-trick at TMI 2005 awards
Business Wire, Oct 28, 2005
BOSTON -- Trema
--Recognized for excellence in treasury management: winning three TMI 2005 awards for Best Cash Management System, Best ASP and Best Client Support Service
Trema has received strong independent validation of its market leading position and commitment to excellence in the treasury management sector by winning three sought after accolades in the Treasury Management International (TMI) 2005 awards. It has been voted number one for Best Cash Management System, Best ASP and Best Client Support Service.
Each year TMI singles out those suppliers that best understand the challenges their customers face in the global treasury arena. The publication is written by treasurers, for treasurers and provides a monthly forum for debating the issues that currently affect this challenging function.
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Trema was nominated for its Richmond Suite product, by leaders in the treasury management space, which included members of EACT and other corporate treasurers in 52 countries. This is the fifth year running that The Richmond Suite has been recognized at the TMI awards. Over 1,000 postal and online votes were received from readers this year. Trema has been recognized for its commitment to deliver innovative system solutions to the treasury arena, in particular within the Eurozone. These 2005 awards clearly demonstrate that Trema has adapted to the constantly changing treasury world and understands the ongoing demands of the treasurer.
"These accolades confirm why we acquired Richmond Software earlier this year, and are further evidence of our ability to deliver world-class solutions and continually provide high quality support and exceptional service for treasurers in line with their business objectives," said Michele Fitzpatrick, CEO at Trema.
"It is gratifying for both our customers and employees that we receive such positive feedback and recognition from treasury management experts at this time. We offer two distinct solutions tailored to meet the broad market needs and operational complexities of today's treasurers: The Trema Suite Version 7 and The Richmond Suite, and aim to provide them with everything they need to manage all their daily processes with ease, regardless of size, scope or location," concluded Charles Palmer, Chief Designer and Architect at Trema.
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 creating measurable value for its 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 the system of choice for Central Banks and it manages 80% of the Eurozone reserves.
Trema offers two distinct solutions tailored 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 Trema Suite provides an enterprise application platform for the support of strategic financial treasury & asset management activities. It includes five integrated modules: Cash Management, Commercial Loan Management, Transaction & Risk Management, Portfolio & Performance Management and Accounting.
Web-based technology allows the customer to deploy the Trema Suite 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 encompasses everything a mid-sized corporate treasury requires to manage its daily processes, including cash management, deal administration, risk management and accounting.
The Richmond Suite can be deployed on the desktop or over the web and is available in ASP mode. It 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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