Governance, Risk & Compliance

Governance, Risk & Compliance

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May 11, 2012

Reval Launches New Version of its SaaS Solution for Treasury and Risk Management



Reval's integrated Treasury and Risk Management (TRM) solution combines complex risk and deep cash and liquidity functionality into a single SaaS (News - Alert) solution. Fortifying its foothold in the TRM segment, Reval, a global provider of an all-in-one Software-as-a-Service solution for enterprise Treasury and Risk Management (TRM), has launched version 12.0 of its comprehensive and integrated Software-as-Service (SaaS) solution.

The version 12.0 offers companies the ability to effortlessly exchange information internally and externally across bank accounts, cash and debt, investments and derivative portfolios, with advanced analytics for improved decision-making and control. Reval 12.0 continue to centralize work, information and reporting environments across cash and risk, helping firms to tackle issues such as uncertainty in foreign markets, market volatility, excess cash, compliance with changing regulations for financial reporting and reform, and shifting hedging strategies.

In a press release, Revals chief technology officer, Philip Pettinato, said, “Companies need to see information before they can act upon it. Reval not only creates the communications and connections that enable users to work seamlessly across the corporate value chain, but it also provides companies with the tools to analyze test and enforce their decisions."

Reval 12.0 monitor arms clients with real-time alerts for critical, user-defined triggers and milestones. Through these instant alerts, companies can proactively manage treasury and risk events, like payments waiting for signature, un-reconciled bank statements, or limits or lines of credit approaching a defined percent. Availability of cash and liquidity forecast help companies to make strategic decisions related to investments. The solution also allows companies to check credit line draw downs, report on line usage, and account for all line fees.

Reval was recently in news when Reval SDR, a wholly-owned subsidiary of Reval Holdings, completed the registration with the U.S. Commodity Futures Trading Commission. According to the announcement, Reval SDR will service the reporting and compliance requirements of over-the-counter derivative use as specified in the Dodd-Frank Wall Street Reform and Consumer Protection Act.




Edited by Brooke Neuman
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