RISK MANAGEMENT BRIEFS

SEB Asset Management, a Scandanavian asset manager, went live with Trema Finance KIT. SEB, an existing client, upgraded to Finance KIT 6 to improve its position, performance and limit monitoring, as well as access corporate actions and benchmark data. For the future, SEB will have access to Finance KIT's NAV (net asset value) monitor, order management and portfolio modeling functionality.

Reuters will disseminate GFI Group's credit default swap data and Fenics Credit pricing tools over its 3000 Xtra, Bridgestation, Trader and North American Capital Markets desktop products. GFI, an interdealer broker, provides intra-day credit default swap prices. The deal is part of Reuter's push into the fixed- income market. Under this agreement, subscribers to Reuters' desktop products will have free access to a GFI credit reference page.

SunGard Trading and Risk Systems released a new version of its asset and liability management (ALM) software, known as BancWare Convergence. The latest release helps clients analyze risk, forecast performance and develop strategies for optimizing risk-adjusted returns.The Microsoft Windows-based system is now multi-user enabled and includes unlimited multi-dimensional analysis and time-series processing as well as an embedded equation builder to define the properties and behaviors of instruments.