Trema, a provider of treasury software, has hired Rudi Schlett as General Manager, Central Europe. He will be responsible for generating new sales and servicing Trema’s customer base across Germany, Austria and Switzerland, which includes Deutsche Post, Henkel, DekaBank and the Deutsche Bundesbank.
The company says the appointment of a dedicated regional manager reflects its strong presence in German-speaking Europe, with the highest market share of DAX 30 companies using Trema’s treasury, risk, cash, and asset management solutions. Trema claims that 80 per cent of the foreign reserves held by the current Eurozone central banks are managed by Trema software, including those of the European Central Bank.
Schlett joins Trema from XRT (formerly Cerg Finance Germany), where he also held the position of General Manager. Speaking on his appointment, he said he was “very excited to have joined an organization with such a strong offering. Trema’s domination of the DAX 30 is evidence of the superiority of the technology it offers and its suitability to the region. My focus now is to expand on Trema’s success and cement its position as the leading supplier of strategic treasury solutions in the Central European market.”
Trema’s focus on Germany is highlighted by the upcoming Executive Forum that it is hosting in conjunction with PricewaterhouseCoopers in Dsseldorf on Tuesday 2 March 2004. The company says the forum will bring together corporate treasurers to discuss in-house banking, efficient working capital management, IAS39 and hedge accounting.
“We are delighted to welcome Rudi to the Trema team,” says Terry Beadle, Chief Marketing Officer of Trema. “Rudi’s appointment is a key step in our strategy to focus on growth in the central European countries and continuing to support our existing client base. As a leading provider of global treasury management solutions, we are committed to recruiting the best talent in order to meet our customers’ ever-growing demands for risk reduction, transparency in financial dealings, efficiency in operations and ultimately cost reduction. Our experience in the region to date is testament to the strength of our technology offering, and we look forward to continued growth in this market.”