More NewsGeneral Motors Selects Reval’s Commodities Hedging Management Solution

General Motors Selects Reval's Commodities Hedging Management Solution

General Motors Corp., the world’s largest vehicle manufacturer, has signed an agreement to become a client of Reval’s commodities hedging management solution. Reval has worked with GM to co-develop the commodities hedging module of Reval’s flagship product, HedgeRxTM, that efficiently manages front-, middle-, and back-office workflows associated with underlying commodities usage, starting with metals and energy. Delivered via Reval’s application service provider (ASP) platform, the new module enables corporations that hedge commodity exposures, to streamline and centralize management of its hedging portfolio; access 24/7 from multiple locations via web browser; perform risk management analyses; and comply with requirements of FAS 133.

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