Aduno-Gruppe selects Trema for treasury management   9th October 2006 Aduno-Gruppe, a leading Swiss card services provider, has selected Trema One ™ 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. Trema One is the integrated treasury management solution from Trema, which recently merged with Wall Street Systems. The system is designed to allow Treasurers to manage their cash and exposures much more effectively. The systems capabilities in the handling of payments, cash management and basic trading were key considerations in Aduno-Gruppe's selection process. 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. Trema One ™ will provide a single platform to increase functionality across the organisation and enable the Aduno-Gruppe to interact more easily with the various systems used by the different Financial Institutions it deals with regularly. Conrad Auerbach, Chief Financial Officer of the Aduno-Gruppe, said: “We were looking for a treasury solution which can grow with our business, which is why we chose Trema One ™. The major benefits for us are streamlining a complex payment systems environment, reducing risk, and improving our control, transparency and capacity across our operations.”
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