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Banque de France consolidates operations on single platform with Trema; Banque de France is the first central bank to use Trema's solution for both foreign reserve management and monetary policy, delivering greater efficiency and reducing costs - Banque de France one of the first central banks compliant with the Eurosystem revised accounting standards.

Publication: M2 Presswire
Publication Date: 14-JUL-05
Format: Online - approximately 989 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-14 July 2005-COGNITO: Banque de France consolidates operations on single platform with Trema; Banque de France is the first central bank to use Trema's solution for both foreign reserve management and monetary policy, delivering greater efficiency and reducing costs - Banque de France one of the first central banks compliant with the Eurosystem revised accounting standards(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:14072005

France - Trema, the leading provider of treasury and asset management software for global corporations and financial institutions, today announced that the Banque de France is now live with Trema's central banking solution, replacing its legacy systems with a single platform to support its FX operations, reserve management, domestic portfolio management, as well its monetary policy operations. The bank is the first of Trema's central banking customers to use the solution for both reserve management and monetary policy. The bank's use of Trema's latest Central Banking...



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