Treasury Industry Recognizes Reval as an Innovator
Published: July 30, 2014
Accolades Underscore Reval’s Leadership in Corporate Treasury and Risk Management
New York – Reval entered the second half of the year making Global Finance magazine’s list of The Innovators, a brief roster of solution providers recognized for their technology contributions to the industry over the past year, the company announced today. Reval’s recognition as an innovator follows two Global Finance awards earlier this year, which also acknowledged Reval’s comprehensive and integrated Software-as-a-Service solution for Treasury and Risk Management. Those awards were Best Treasury Analytics and Best Corporate Risk Management Solution.
The lists and awards from Global Finance are judged by input from readers and industry experts. In addition, The Innovators was judged using the OECD’s Oslo Manual of Innovation. According to the publishers, “Reval offers the most advanced corporate FX management solutions – most recently adding cross-currency netting and hedging and end-to-end exposure risk management to assess FX risk, optimize hedging programs, and comply with hedge accounting regulations.”
“It is always gratifying when the industry recognizes the quality of solutions we develop on their behalf, so kudos to our global team here at Reval,” says Reval CEO and Co-founder Jiro Okochi. “With all of the challenges that treasuries face today, it is more important than ever that technology moves beyond the status quo to the kind of innovation that treasurers want and need. In the past two years alone, over 70 of the most powerful brands in the world have migrated their global treasury and risk operations onto Reval’s all-in-one SaaS TRM platform.”
Among Reval’s other accomplishments noted this year was its rank as one of the Top 10 TRM application vendors in the industry. The research compiled by Apps Run the World (ARW) also noted Reval as the largest and fastest growing SaaS TRM in the Top 10.