Eurofinance â Trema, the leading provider of treasury and asset management software (now part of Wall Street Systems) announced today that Aduno-Gruppe, a leading Swiss card services provider, has selected TremaOneâ¢ to increase efficiency within its treasury department, automate a large number of manual processes, and manage more complex business environments involving multiple currencies and risks.
TremaOneâ¢ is an efficient integrated treasury management solution and provides an array of enhanced features developed on a user-friendly platform, letting Treasurers manage their cash and exposures much more effectively.
The Aduno-Gruppe consists of two legal entities. Following the establishment of Aduno SA in 2005, as a wholly owned subsidiary of Viseca, a system was needed that could cope with an ever-increasing number of transactions and expected annual turnover of CHF 8 billion. TremaOneâ¢ will provide a single platform to increase functionality across the organisation. It will enable the Aduno-Gruppe to interact more easily with the various systems used by the different Financial Institutions it deals with regularly.
The systems capabilities in the handling of payments, cash management and basic trading were key considerations in the selection process. In addition important factors such as the user-friendly interface and the ability to grow with the business were influential in the decision to choose Trema over the competition.
Conrad Auerbach, Chief Financial Officer of the Aduno-Gruppe, said: âWe were looking for a treasury solution which can grow with our business, which is why we chose TremaOneâ¢. The major benefits for us are streamlining a complex payment systems environment, reducing risk, and improving our control, transparency and capacity across our operations.â
âWe are really looking forward to the quick implementation of TremaOneâ¢ at Aduno-Gruppe,â said Robert Wennerstrom, Executive Vice President for Europe at Wall Street Systems. âWithin a few months, the system will be delivering real benefits to the organisation as it combines ease of use and speed of deployment with best practice treasury methodology.â