Trema expands e-solution offering with launch of Finance eKIT v1.3; Expanded instrument coverage; Enhanced offering for corporate treasuries and financial service providers.

M2 PRESSWIRE-24 September 2001-TREMA: Trema expands e-solution offering with launch of Finance eKIT v1.3; Expanded instrument coverage; Enhanced offering for corporate treasuries and financial service providers (C)1994-2001 M2 COMMUNICATIONS LTD

RDATE:24092001

London -- Trema today announced the launch of Finance eKIT v1.3, a web-based treasury solution for corporates and financial service providers that use Trema's core application, Finance KIT. Valeo, the global automotive equipment supplier, will pilot Finance eKIT v1.3.

Finance eKIT, a web-enabled treasury product suite, extends Finance KIT's base of sophisticated treasury, risk and cash management and financial accounting features to corporate intranets and the Internet.

With Finance eKIT v1.3 instrument coverage is expanded making it possible to perform dealing and reporting through a web browser for almost all of the instruments available in Finance KIT.

Reaffirming Trema's commitment to Open Standards and Object Oriented Design, Finance eKIT v1.3 now uses the comKIT API (the Finance KIT Application Programming Interface). This enables deals to be transferred to Finance KIT in exactly the same way as if they were input directly into it, ensuring uniform key-figures and reporting for a consolidated view, regardless of transaction source.

Robert Wennerstr'm, Director Corporate Sales, comments, "We currently have several customers live with Finance eKIT Dealing 1.2 including ABB Sweden, and Skanska Sweden. Valeo is the pilot for Finance eKIT Dealing v1.3. We feel that with improved scalability and administration, Finance eKIT version 1.3 extends the dual capability already possible with version 1.2, offering corporate treasuries with centralized dealing capabilities and financial service providers with a secure route to a combination of treasury services and technology platforms."

Notes to Editors

About Trema

Trema Group is a premier provider of strategic technology solutions and management consulting services to the financial industry. Trema's clients include key players in the financial markets, including banks, corporate treasuries, investment management firms and central banks in Europe, the Middle East, Africa, Asia and North America. Trema's clients include ABB, AEGON, Aventis, BAe Systems, BMW Group, Ericsson, European Central Bank, ING Investment Management, Johnson Controls, Pharmacia, SEB, Unilever and Volvo. Founded in 1992, Trema has an international staff of over 300 and has offices in Abu Dhabi, Boston, Frankfurt, Helsinki, Johannesburg, London, Prague, Singapore, Sophia Antipolis, and Stockholm.

Trema's flagship product, Finance KIT, is a straight-through processing treasury, risk and asset management system. To expand the capability of Finance KIT to remote and mobile users, Trema offers Finance eKIT, a suite of web-enabled modules that provides enhanced functionality for organizations using Finance KIT, and Finance mKIT to provide wireless access to key Finance KIT functionality through a mobile phone. Trema Transaction Hub Service is a new centralized solution that links Trema Finance KIT with web-based FX dealing services provided by banks.

For more information on Trema, please visit www.trema.com

CONTACT: Robert Wennerstrom, Trema Group Tel: +46 8 406 1100 e-mail: robert.wennerstrom@trema.com Claire Vicker/Tom Coombes, Cognito Tel: +44 (0)20 7376 9775 e-mail: claire.vicker@cognito-europe.com

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