Trema is to interface its treasury, cash and asset management package Finance Kit with City Network's trade confirmation matching (Tram) module.
London-based City Networks says its CityNet Tram module will provide users of Finance Kit with three-way matching of confirmations, as well as CLS trade management.
Trema says the connection will enable users to derive further value by continuing the STP chain. Kari Makela, COO, Trema, says: "This move is a logical step forward enabling our customers to benefit from extended functionality."
City Networks says the deal is in line with its strategy to partner the industry's key players as an avenue to new customers.