NFS is Selected by Travelex for its Trema Suite Expertise

London, 1st September 2005 - Nordic Financial Systems (NFS), the provider of technical and business integration services to the treasury industry, today announced it has been selected by Travelex Global and Financial Services to manage the upgrade of The Trema Suite from version 5.0 to version 6.5. Travelex will benefit not only from the enhanced functionality of version 6.5, but also from the extensive use of NFS' automated test tools and procedures which will facilitate controlled and systematic testing of the new version. NFS is a Trema Certified Expert Partner that has experience in managing over 50 projects for Trema customers.

"NFS has a sound approach to the project delivery and management which we found to be more professional than any other consultancy" said Vince Carere, Global Implementation Manager, Travelex. "This was highlighted through their upgrade procedure (NFS Upgrade Methodology(tm)), presentations, documentation, deliverables and timeline management. Above all, NFS' in-depth treasury business knowledge and their functional and technical expertise made it easier for them to understand the issues Travelex was facing."

NFS Upgrade Methodology(tm) is a service that manages Trema upgrades step by step making expensive and lengthy upgrade projects a thing of the past.

Magnus Lind, CEO of NFS says: "Our collaboration with Travelex is based on a long-term commitment facilitated by NFS' global support network. The requirements of Travelex's global business critical applications are extremely high and we are proud that NFS has been chosen to manage this project."

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