Trema and RiskMetrics Group Announce Strategic Global

* New Standards in Risk Management and Treasury Technology; * Agreement Covers Product Integration, Support, Sales and

Knowledge Sharing; * World Class Risk Management and Analytical Expertise Now

Available Within Leading Edge Straight-Through-Processing

Treasury and Asset Management System Today at the Trema World Forum in Cannes, Trema and the RiskMetrics Group (RMG) announced a new strategic global alliance that combines their complementary technology and expertise. The alliance has been formed to cater for the growing demand from the key players in the financial industry for superior, enterprise- wide risk management within a single global treasury solution. Trema's fully integrated, straight-through-processing (STP), treasury, risk and asset management solution, Finance KIT(TM), will be combined with RMG's portfolio risk analytics and DataMetrics data. Banks, central banks, asset managers and multinational corporations can now streamline their financial activities and significantly improve the level and transparency of their risk management operation. Trema and RiskMetrics Group (RMG) will provide: Product Integration RMG's RiskMetrics, CreditMetrics and CorporateMetrics analytics will be incorporated within the Finance KIT solution. Finance KIT is an integrated, STP, real-time and cash flow based solution. It covers the front, middle and back-office and is open and flexible. It provides effective transaction management as well as tools for decision support, risk management, including VaR and performance measurement. The addition of RMG's products to Finance KIT provides users with unparalleled risk management capabilities in the form of RMG's Picture of Risk, which includes Monte Carlo, historical simulation, stress testing, and predictive scenario generation. Behind the risk analysis will be RMG's DataMetrics, which provides Internet-based delivery of quality risk management data. Support Under the new agreement Trema will provide first level support for integrated FinanceKIT/RMG solutions through its support service, the Knowledge Center. RMG will provide additional support for its risk products and data. Training The two organisations will provide training for joint clients and staff. RMG will define and provide training courses in Finance LAB, Trema's education and training facilities, on Value- at-Risk (VaR) and advanced risk management. Sales Cooperation Trema and RMG sales forces will be certified to market each other's solutions. Trema and RMG will promote and sell each other's products within the financial industry. To initiate this process, Trema and RMG have planned a joint road show in Europe, South Africa and the US during the second half of 1999. Trema will also participate in the launch of RiskMetrics' CorporateMetrics product line. CorporateMetrics is a new dataset and system that allows organisations to better understand, manage and measure their financial exposure. RMG will help to develop and model Trema's Best Practice business model for the banking, investment management and corporate treasury communities. Ethan Berman, Chief Executive Officer, RMG, comments, "We are very pleased that Trema has chosen RMG as the risk engine provider for the FinanceKIT solution. This represents a substantial step forward in the quality and depth of the financial solutions that are available to the financial industry. RMG and Trema's target markets match very closely. Our product lines complement each other perfectly and the two organisations share cultures and visions." Kari Makela, Chairman, Trema, says, "Organisations can now effectively select the best technology, knowledge, research and analysis all from one partnership with a global presence. This is the start of a close ongoing working co-operation which will have a significant impact on the services and products that are available on the market." Notes for Editors RiskMetrics Group The RiskMetrics Group (RMG) is the world's leading provider of risk management research, data, software, and education. RMG is responsible for the creation and support of benchmark risk management products including RiskMetrics, CreditMetrics, DataMetrics, and CorporateMetrics. Formerly the Risk Management Products and Research group at J.P. Morgan, RMG delivers risk management technology to over 5,000 institutions around the world. Trema Group Trema is the benchmark supplier of strategic solutions for the financial industry. Headquartered in Stockholm, Trema has offices in Abu Dhabi, Boston, Frankfurt, Helsinki, Johannesburg, London, Sophia Antipolis (France) and Zurich. Trema employs over 200 people and has some 60 clients around the globe. Trema's customers are amongst the most progressive companies within the banking, central banking, asset management and corporate sectors. They include ABB Treasury Centers, Aegon, AP Moller, British Aerospace, Diageo, Electrolux, Ericsson, European Central Bank, CIBA Specialty Chemicals, Henkel, Hoechst, Johnson Controls, Pharmacia & Upjohn, Saudi Hollandi Bank (ABN AMRO), Swiss PTT, Trygg Hansa/SEB, Unilever and Volvo. Finance KIT(TM) Trema's core product, Finance KIT is a straight through processing, integrated and cashflow based treasury, risk and asset management system. It is a real-time, front, middle and back-office system that is open and flexible. It provides effective transaction management, as well as tools for decision support, risk management and performance measurement. The system supports all activities within trading, risk management, confirmation, settlement, cash management and reporting and can be used for single or multiple site locations. It is available in both a Windows NT and a UNIX version. Finance eKIT Finance eKIT is a suite of web enabled modules that provide enhanced functionality for organizations using Trema's core application, Finance KIT. For more information contact: Tom Coombes of Trema, +44-171- 602-9174,; or Kris Wulteputte, +44-171-842- 0263,, or Alvin Lee, +1-212-981-7428,, both of RiskMetrics Group; or Tom Roan of The Stephenson Group, 1-781-341-6152,, for Trema U.S. ots Original Text Service: The Trema Group Internet: Contact: Tom Coombes of Trema, +44-171-602-9174,; Kris Wulteputte, +44-171-842-0263,, or Alvin Lee, +1-212-981-7428,, both of RiskMetrics Group; or Tom Roan of The Stephenson Group, 1-781-341-6152,, for Trema U.S. Web site: Web site:

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