RWE deploys Trema to integrate treasury and asset management operations

Under the terms of the deal, RWE will deploy Trema’s Finance Kit software across all its financial operations. This is expected to improve various aspects of the company's performance and reduce work traditionally conducted manually.

RWE believes its new system will reduce operational risk and establish standardisation of accounting at the company, which sould facilitate the auditing process. The use of Trema's General Ledger Module will also enable dual accounting.

Finance Kit will be implemented in a Windows operating environment on MS SQL. The system will enable RWE to cover a variety of asset classes, including foreign exchange, interest rate derivatives, bonds and money market instruments. RWE will also use Trema Finance Kit for inter-bank deposits and loans, collateral management, inter-company lending and valuation checks.

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