Trema, a provider of software, announced today that it had launched Trema Finance KIT 6.0, which incorporates new functionality. The company’s clients include hedge and pension funds, insurance companies, investment, corporate and central banks, as well as orthodox fund managers.
Trema says the new functionality in Finance KIT 6.0 will enable fund managers to control, monitor and attribute the performance of their portfolios more accurately on a daily, weekly or monthly basis; by portfolio, market, sector, instrument; and by comparing the figures against indices or benchmarks. It incorporates compliance controls, including segregation of duties on different levels, such as portfolio, transaction, functional, and database levels. Compliance features also include an audit trail, limits such as market risk, credit, fund limits, and any limits set by clients or compliance.
“We have a very well established client base and track record in the asset management industry,” says Pivi Karesjoki, Head of Asset Management Sector. “We have taken our breadth of experience in the global financial industry and combined with the specific, high level needs of advanced asset management companies, built what we believe is the best system in the market. Trema Finance KIT 6.0 will provide a very appealing solution for asset managers at all levels. Due to its modern technology, Finance KIT is able to replace a plethora of systems, thereby offering significant strategic advantage and cost savings.”
The key features of Trema Finance KIT 6.0 includes seamless portfolio modeling for active and passive asset management, integrated with order management; sophisticated, real-time position monitoring; advanced front office and risk management capabilities with broad instrument coverage; comprehensive performance measurement, attribution and contribution; real-time compliance control; real-time NAV and fund accounting; reporting capability; a real-time STP system with customizable workflow and connectivity to external systems; and web-enabled reporting and order entry.