Trema, the finance and treasury software solutions provider, has raised funding to the value of EUR 22.25 million. The lead investor, Carlyle Europe Venture Partners, part of The Carlyle Group, is joined in this funding round by a follow-up investment from DB Capital Venture Partners, as well as Trema’s founders. Trema’s revenues grew 43% in 2001 reflecting a record number of new blue chip customers including ABN AMRO, Deutsche Bundesbank and Travelex. The firm said the new funding will enable it to ‘service demand from existing markets, expand geographically and cater for the requirements of top tier financial institutions in the investment banking, asset and wealth management and private banking sectors’. It will also be used to ensure continuous investment in research and development – which has consistently been in excess of 20% of annual revenues. The distribution channels for Trema’s technology and solutions will continue to be its growing network of offices around the globe. Trema will also focus on expanding its global alliances with leading professional services organizations and technology firms.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more