- ABN Amro wins *Best Provider of Outsourced Treasury Solution, Europe* using Trema Finance KIT
Boston, 2 March 2004 - Trema, the premier provider of strategic software solutions for the financial industry, today announced its success in the Global Finance Magazine Awards for Best Treasury and Cash Management Banks and Providers, 2004. Trema won two awards for the Best Treasury Management System, in Europe and Latin America. ABN Amro also uses Trema's technology to support its outsourcing service, for which it won the Best Provider of Outsourced Treasury Solution in Europe.
The Global Finance editorial team took advice from industry analysts, corporate executives and technology experts and awarded Trema due to its market leadership, customer service, competitive pricing, and innovation. Commenting on the awards, MichÃ¨le Fitzpatrick, CEO, says:
"There is no greater accolade than the recognition of your peers, and the Trema team is delighted that our technology and services have been ranked so highly by Global Finance and its advisors.
"European corporates and financial institutions operating in a difficult economic climate have had to be adaptable, resilient and efficient. Companies have had to focus hard on optimizing their working capital, deal with continuous exposure to a multitude of currencies and improve operating procedures in order to maximize visibility and minimize financial risk. Trema has gained its market-leading position by matching our technology offering with the complex requirements of global companies.
"Having successfully addressed the demanding requirements of a European customer base burdened with an array of multinational trading and compliance standards, we are perfectly positioned to make a major impact in the US, now that we have turned our sights on this key market."