Schering, the German pharmaceutical company, has chosen Trema, the financial software developer, to run its treasury, risk, cash and asset management operations, including the activities of its pension fund.
The system Finance KIT, a real-time straight-through processing treasury, risk, cash and asset management system, will be used for a variety of asset classes, including FX, emerging market bonds, equities and derivatives. It will also offer administrative and performance measurement functionalities to cover all asset classes.