Trema has released a new version of its flagship product Finance Kit which includes new functionality for asset managers.
Finance Kit 6.0 will enable asset managers to accurately control, monitor and attribute the performance of portfolios says the vendor.
The upgraded product includes API and 'plug and use' interfaces for wiring into external systems and provides results monitoring on a daily, weekly or monthly basis.
Real-time compliance controls include the segregation of duties on different levels, and compliance features also include a comprehensive audit trail.
In addition, the product provides portfolio modelling, performance measurement, attribution and contribution, compliance control and Web-enabled reporting.
Päivi Karesjoki, head of asset management sector, Trema, says: "Due to its modern technology, Finance Kit is able to replace a plethora of systems, thereby offering significant strategic advantage and cost savings."