Skanska’s Treasury Moves Toward STP with Platform from Tradetech Consulting

Stockholm - 10 May 2010

TradeTech Consulting, leading provider of consulting services to the treasury, trading and capital markets space, delivers platform to integrate Skanska’s treasury infrastructure, the Wallstreet Suite, with systems for trade processing, payments and confirmations. Data now flows automatically from the trade processing systems into FinanceKIT, taking Skanska one step closer to STP.

“Skanska continually strives to improve operational efficiency. Automating the data flow between our core treasury system, the Wallstreet Suite (formerly Trema’s FinanceKIT), and the surrounding systems is an important step in this direction” says Håkan Smeds, Head of IT at Skanska Financial Services. “Furthermore, a standardized integration process makes current and future integrations easier to manage and support.”

”Having served Skanska Financial Services for many years, I am proud that TradeTech is asked to expand the range of services we provide” says Joakim Wiener, CEO of TradeTech Consulting. “We value long-term relationships and always strive to find new ways to add value to our customers.”

The integration went live in April 2010.

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