Treasury Management Internation Logo

New Reval 14.1 Provides Scale, Control and Access for Growing Global Companies

Published 

Washington, D.C. – From the Association for Financial Professionals’ annual conference (#AFP2014), Reval announced today that its new version 14.1 Software-as-a-Service (SaaS) for Treasury and Risk Management (TRM) offers more control and access for companies scaling their treasury operations globally. Reval will be at booth #1227 through November 5 (@RevalTRM #treasurypossible).

“As companies expand into new markets either organically or by mergers or acquisitions, they need a treasury system that can scale with them,” says Reval Chief Technology Officer Philip Pettinato. “Our SaaS TRM solution enables growing treasuries to assimilate the operations of their new entities and define their own controls. Staff can also access the same technology and set of treasury intelligence – regardless of location – for a seamless global workflow.”

New version 14.1 of Reval’s SaaS TRM provides more controls for setting up workflow around data and security of payments. Among the enhancements around payments, Reval provides mTAN (mobile Transaction Authentication Number) for payment authentication via email or mobile SMS, whichever is most appropriate for the treasury organization. For mobile treasury, this provides an extra layer of authentication.

Reval’s new release provides greater control, speed and visibility into local treasury operations around the world. Global companies can apply independent general ledger processing by region for daily cash, month-end cash, and hedge accounting activity. Users can trigger ledger processes for their region throughout the business day without interfering with the ledger processes of other regions. In addition, enhanced subledger accounting capabilities for  working capital  transactions now  accommodate accounting nuances across global accounting standards.

With Reval 14.1, corporate treasurers can feel confident that their global organization will remain compliant with the latest local and international regulatory requirements. Reval’s deep expertise and award-winning capabilities in hedge accounting continue to keep treasury one step ahead of evolving requirements. Reval 14.1 includes a new methodology compliant with the latest hedge accounting guidelines from the Big 4 accounting firms. This new methodology for the assessment and measurement of hedge effectiveness for Interest Rate Swaps in Cash Flow Hedges (CFH) using the Hypothetical Derivative Method improves effectiveness for the treatment of Off-Market Value Derivatives.

Reval continues to evolve its compliance capabilities, including ongoing updates for Dodd-Frank and EMIR, and continues to monitor market requirements and new developments, such as Basel III, and how they affect corporate treasuries.

Most recent episodes

HSBC’s Sibos Spotlight: Investing in the Future – from Diversity to Green Deposits

In the final instalment of HSBC’s Sibos Spotlight, Eleanor Hill (TMI) invites Nadine Lagarmitte and Suraj Kalati (HSBC) to consider how corporates’ attitudes to...

25:12

HSBC’s Sibos Spotlight: The ESG Landscape – what every treasurer needs to know

In the third edition of HSBC’s Sibos Spotlight Podcast series, TMI’s Eleanor Hill invites Farnam Bidgoli (HSBC) to provide an in-depth overview of the current ESG...

16:24

The Path to Transformational Global Cash Visibility

Davina Bradley (CEVA Logistics) and Conor Deegan (CashAnalytics) join TMI’s Eleanor Hill to explore how treasurers can transform their cash visibility and forecasting within their business in a matter of weeks using a...

33:16

HSBC’s Sibos Spotlight: Embedding ESG in Trade and Supply Chains

In the second podcast from HSBC’s Sibos Spotlight series, TMI’s Eleanor Hill speaks to Surath Sengupta (HSBC) about embedding ESG into trade and supply chains....

20:58

Lost in Transaction: Overcoming Payments Pitfalls

From simple errors to duplicates, fraud and sanctions violations, there are a number of areas where payments can go wrong – especially in the real-time environment. In this podcast, TMI speaks to Andrew Ferrao...

34:25

HSBC's Sibos Spotlight: Central Bank Digital Currencies

The first edition of HSBC’s Sibos Spotlight series sees TMI’s Eleanor Hill joined by Mark Williamson and James Pomeroy (HSBC) to discuss the hot topic of Central Bank Digital Currencies (CBDCs). Our guests discuss...

25:48

Payments Vision 2025: The Inside Track

Wim Grosemans, Steven Lenaerts (BNP Paribas) and Wim Raymaekers (SWIFT) join TMI’s Eleanor Hill to outline their vision for the payments landscape in 2025. Our guests consider how recent developments such as instant...

28:21

Stepping Out from the Shadows

“Treasurers needs to step out of the shadows and into the sunshine in terms of their strategic contribution.” claims Zitah McMillan, Co-Founder and CEO, Predictive Black. In this podcast, hosted by TMI’s Eleanor Hill, our guest declares that the...

16:54

Why the ‘One Size Fits All’ Approach is Outdated - A Cash Segmentation Treasury Masterclass

With the ongoing low interest-rate environment and increasing regulatory change, it’s more important than ever for treasurers...

23:55

Instant Payments: Instant Rewards

TMI’s Eleanor Hill sits down in the virtual TreasuryCast studio with J.P. Morgan’s Global Head of Real-Time Payments, Cyrus Bhathawalla, to discuss how treasurers can capitalise on the evolving nature of real-time payments. Our guest contemplates the elements...

23:55