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.
The week on Risk.net, November 17–24, 2017Receive this by email