Russia signs agreement on reserve management

The Central Bank of Russia is implementing treasury and asset management software from London-based Trema to support its reserve management operations.

TremaSuite will deliver a number of key technological advantages to the bank, including improved functional support, an integrated business process infrastructure and reduced operational risk, Trema said in a press release. The system will initially be rolled out to 30 users in the Bank's Reserve Management department.

"The TremaSuite will enabl