RWE Enlists NFS For IAS Compliance Project
RWE, the European utility company, has chosen Nordic Financial Systems (NFS) to evaluate and implement Trema’s hedge accounting module to meet stringent IAS 39 guidelines. NFS, supplying critical technical and business resources, will analyse RWE’s hedging requirements under IAS 39, evaluating them against the functionality provided by Trema’s hedge accounting module. RWE, with revenues in excess of E43bn, already deploys Trema’s solution Finance KIT for cash, treasury, risk and asset management.
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