Trema and RiskMetrics Group Announce Strategic Global

Alliance SOPHIA ANTIPOLIS, France (PROTEXT) - * 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 theRiskMetrics Group (RMG) announced a new strategic global alliancethat combines their complementary technology and expertise. Thealliance has been formed to cater for the growing demand from thekey 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 andDataMetrics data. Banks, central banks, asset managers andmultinational corporations can now streamline their financialactivities and significantly improve the level and transparencyof their risk management operation. Trema and RiskMetrics Group (RMG) will provide: Product Integration RMG's RiskMetrics, CreditMetrics and CorporateMetricsanalytics will be incorporated within the Finance KIT solution.Finance KIT is an integrated, STP, real-time and cash flow basedsolution. It covers the front, middle and back-office and is openand flexible. It provides effective transaction management aswell as tools for decision support, risk management, includingVaR and performance measurement. The addition of RMG's productsto Finance KIT provides users with unparalleled risk managementcapabilities in the form of RMG's Picture of Risk, which includesMonte Carlo, historical simulation, stress testing, andpredictive scenario generation. Behind the risk analysis will beRMG's DataMetrics, which provides Internet-based delivery ofquality risk management data. Support Under the new agreement Trema will provide first level supportfor integrated FinanceKIT/RMG solutions through its supportservice, the Knowledge Center. RMG will provide additionalsupport for its risk products and data. Training The two organisations will provide training for joint clientsand staff. RMG will define and provide training courses inFinance 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 eachother's solutions. Trema and RMG will promote and sell eachother's products within the financial industry. To initiate thisprocess, 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 datasetand system that allows organisations to better understand, manageand measure their financial exposure. RMG will help to developand model Trema's Best Practice business model for the banking,investment management and corporate treasury communities. Ethan Berman, Chief Executive Officer, RMG, comments, "We arevery pleased that Trema has chosen RMG as the risk engineprovider for the FinanceKIT solution. This represents asubstantial step forward in the quality and depth of thefinancial solutions that are available to the financial industry.RMG and Trema's target markets match very closely. Our productlines complement each other perfectly and the two organisationsshare cultures and visions." Kari Makela, Chairman, Trema, says, "Organisations can noweffectively select the best technology, knowledge, research andanalysis all from one partnership with a global presence. This isthe start of a close ongoing working co-operation which will havea significant impact on the services and products that areavailable on the market." Notes for Editors RiskMetrics Group The RiskMetrics Group (RMG) is the world's leading provider ofrisk management research, data, software, and education. RMG isresponsible for the creation and support of benchmark riskmanagement products including RiskMetrics, CreditMetrics,DataMetrics, and CorporateMetrics. Formerly the Risk ManagementProducts and Research group at J.P. Morgan, RMG delivers riskmanagement technology to over 5,000 institutions around theworld. www.riskmetrics.com Trema Group Trema is the benchmark supplier of strategic solutions for thefinancial industry. Headquartered in Stockholm, Trema has officesin Abu Dhabi, Boston, Frankfurt, Helsinki, Johannesburg, London,Sophia Antipolis (France) and Zurich. Trema employs over 200people and has some 60 clients around the globe. Trema's customers are amongst the most progressive companieswithin the banking, central banking, asset management andcorporate sectors. They include ABB Treasury Centers, Aegon, APMoller, British Aerospace, Diageo, Electrolux, Ericsson, EuropeanCentral Bank, CIBA Specialty Chemicals, Henkel, Hoechst, JohnsonControls, 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 throughprocessing, integrated and cashflow based treasury, risk andasset management system. It is a real-time, front, middle andback-office system that is open and flexible. It provideseffective transaction management, as well as tools for decisionsupport, risk management and performance measurement. The systemsupports all activities within trading, risk management,confirmation, settlement, cash management and reporting and canbe used for single or multiple site locations. It is available inboth a Windows NT and a UNIX version. Finance eKIT Finance eKIT is a suite of web enabled modules that provideenhanced functionality for organizations using Trema's coreapplication, Finance KIT. www.trema.com For more information contact: Tom Coombes of Trema, +44-171-602-9174, tom.coombes@trema.com; or Kris Wulteputte, +44-171-842-0263, krisw@riskmetrics.com, or Alvin Lee, +1-212-981-7428,alvin.lee@riskmetrics.com, both of RiskMetrics Group; or Tom Roanof The Stephenson Group, 1-781-341-6152,troan@stephensongroup.com, for Trema U.S. ots Original TextService: The Trema Group Internet: http://www.newsaktuell.deContact: Tom Coombes of Trema, +44-171-602-9174,tom.coombes@trema.com; Kris Wulteputte, +44-171-842-0263,krisw@riskmetrics.com, or Alvin Lee, +1-212-981-7428,alvin.lee@riskmetrics.com, both of RiskMetrics Group; or Tom Roanof The Stephenson Group, 1-781-341-6152,troan@stephensongroup.com, for Trema U.S. Web site:http://www.riskmetrics.com Web site: http://www.trema.com

Subscribers please note that material bearing the slug"PROTEXT" is not part of CTK's news service and is not to bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents.

PROTEXT