Wall Street Systems, which acquired treasury systems vendor Trema, has issued a new version of the TremaOne treasury application. The company says the latest version, based on consultations with customers and treasury consultants, incorporates Sarbanes-Oxley and accounting regulation compliance features, plus connectivity to SWIFT.
“TremaOne was the obvious choice for National Express Group,” says Mike Dixon, assistant group treasurer of the National Express Group. “Continual investment in advanced technology is integral to our business strategy in helping to deliver first class customer service. TremaOne is an innovative, forward-looking treasury solution, yet is easy to deploy and integrate within the company’s existing systems. With its ability to deliver accurate cash positions, enable monitoring of funding requirements, and export treasury related accounting entries, we are able to transfer the benefits gained to better serving Group Treasury’s customers.”
“Many senior executives now recognise that by streamlining processes and introducing appropriate technology in the treasury department they can cut expenses and increase profits,” says Viktoriya Sadlovska, director of research with Aberdeen Group in Boston. “Equally important, most management teams are making a concerted effort to ensure that their treasury function complies with Sarbanes-Oxley and other government regulations.”
“Managers today are under pressure to create a lean treasury department and implement technology solutions that deliver fast ROI,” adds Thomas Bergqvist, product manager for treasury at Wall Street Systems. “We have always designed TremaOneTM with the customer in mind and this version is faster and easier to set-up and use than ever. Version 3.0 TremaOneTM enables the customer to go live in a short time frame and with minimal training, which ultimately impacts profitability.”
Version 3.0 TremaOneTM is available in several deployment options including installation at customer, hosted or provided as an ASP.