First Mobile Treasury Solution Based on Trema Finance Mkit in the Works at Upm-Kymmene
Trema announced that UPM-Kymmene will become the first company to pilot Finance mKIT, resulting in the world’s first mobile treasury and risk management solution based on the WAP (Wireless Application Protocol) standard. UPM-Kymmene treasury personnel will be able to manage the Group’s financial exposure, enter deals and access mission critical information from a WAP-enabled mobile phone or palmtop computer. When implementation is complete, UPM-Kymmene’s treasury and risk managers will be able to access key figures of their positions, such as FX exposure, IR exposure, market value and unrealized result. Finance mKIT can also send alerts to the mobile device when specified events occur or limits are exceeded.