Canadian Housing Agency Implements Trema Finance Kit
Canada Mortgage and Housing Corporation (CMHC), Canada’s national housing agency, has gone live with Trema Finance KIT. The solution will enable CMHC to automate its daily treasury related business processes with straight-through processing. Trema Finance KIT replaces and consolidates the multiple systems and spreadsheets that CMHC was using previously, providing an integrated solution across front, middle and back offices. CMHC will use Finance KIT to support all its activities in foreign exchange, money market, fixed income, equities and derivatives. Separately, Olle Malmgren has joined Trema as Regional Sales Manager and will be responsible for sales and client management for Scandinavia, the UK and the Netherlands. Based in London, Malmgren will drive sales of Trema Finance KIT, as well as provide additional service to existing clients. Malmgren has 16 years of financial services experience gained in Sweden, Singapore, UK, Denmark, Belgium and the Netherlands. Most recently, Malmgren was Director of Nordic and Benelux sales for Alterna Technologies.