STOCKHOLM, Sweden, March 22, 2001 (PRIMEZONE) -- Roxen Internet Software (SSE:ROX) and Trema Group have entered a partnership agreement where Trema will use Roxen Web Content Management software. The first customer installation is ABB Treasury Center in Sweden.
Roxen Internet Software, the Swedish award-winning vendor of Web Content Management software, and Trema Group, the leading provider of treasury, cash, risk, and asset management solutions, have entered a partnership agreement. Roxen Platform Web Content Management supports Finance eKIT Dealing applications, providing access to Finance KIT functionality for subsidiaries over corporate intranets. The first customer to deploy Finance eKIT on Roxen Platform is ABB Treasury Center Sweden.
"Trema is a strong business and technology partner. I view this as confirmation that Roxen Platform is not only a leading product for maintaining conventional web sites, but also has the flexibility and technological strength to bring sophisticated applications like Trema's to intranet users, and potentially to the Web," said Lars Hoegberg, CEO of Roxen Internet Software.
"Trema's Finance eKIT Dealing, supported by the Roxen Platform, makes our Finance KIT treasury management system accessible to more users. Customers can use their intranets to allow subsidiaries and business units to access Finance KIT in the central treasury using a simple Web interface. This brings clear benefits to our multinational corporate clients," said Robert Wennerstroem Director of e-Solutions at Trema Group.
ABB Treasury Center Sweden is the first customer to deploy Finance eKIT Dealing, and several more international companies are in the process of doing so. This allows them to have the application on a centrally controlled server, while making the functionality available, fully or in part, to their subsidiaries and business units.
Trema and Roxen IS have been working together with this technology since the fall of 1999.
About Trema
Trema is the premier provider of strategic technology solutions and best practice methodologies to the financial industry. Trema's clients include key players in the financial markets, including banks, corporate treasuries, investment management firms, and central banks in Europe, the Middle East, Africa, Asia, and North America. Trema's clients include ABB, AEGON, Aventis, BAe Systems, BMW Group, Ericsson, European Central Bank, ING Investment Management, Johnson Controls, Pharmacia, SEB, Unilever, and Volvo. Founded in 1992, Trema has an international staff of over 300 and has offices in Abu Dhabi, Boston, Frankfurt, Helsinki, Johannesburg, London, Prague, Singapore, Sophia Antipolis, and Stockholm.
Trema's flagship product, Finance KIT, is a straight-through-processing treasury, risk and asset management system. To expand the capability of Finance KIT to remote and mobile users, Trema offers Finance eKIT, a suite of Web-enabled modules that provides enhanced functionality for organizations using Finance KIT, and Finance mKIT to provide wireless access to key Finance KIT functionality through a mobile phone.
Trema Transaction Hub is a new centralized solution that links Trema's Finance KIT with web-based FX dealing services provided by banks. Transaction Hub operates by providing a secure connection between the bank's server and the corporate treasury's Finance KIT. Users deal electronically with their bank, but rather than having to re-enter the deal information into Finance KIT, this part of the process is done for them through Trema Transaction Hub. The relevant information is automatically transferred from the bank's system to Trema Transaction Hub, which then distributes it to the corporate's Finance KIT.
For more information on Trema, please visit www.trema.com.
About Roxen
Roxen Internet Software develops and markets next-generation software platforms for the building and maintenance of dynamic web sites. Roxen IS focuses on Telecom, New Media and Bank & Finance. The unique technology base of Roxen IS is broad enough to define Web Content Management as including support for Web site development and the support of any client, including wireless clients, and all types of complex web services, including ASP's. Strategic customers include UUNET, RealNetworks, Ericsson, ABB Finance, Freeler (ING Group) and Holland Media Group (RTL). Roxen IS has sales headquarters in Stockholm, Sweden, R&D in Linkoeping, Sweden, and sales offices in San Jose, USA, London, UK and Rotterdam, The Netherlands. The company has received numerous awards, among them "Best of Comdex".
For more information please visit www.roxen.com.