More NewsReval Launches Reval Center

Reval Launches Reval Center

Reval has announced the launch of Reval Center, a new service performing independent derivative valuations. As a service bureau, Reval Center receives transaction data electronically or manually via fax or mail from the client and rapidly provides accurate, objective valuation and other relevant information. Reval Center is geared towards corporate treasuries or financial institutions that hedge risk exposures using derivatives for liability management, investment management and/or anticipated transactions, as well as for banks and hedge funds who trade in derivatives and are required to have independent valuations. Institutions who fall under the Sarbanes-Oxley Act, the Basel II capital framework or who need to comply with hedge accounting rules like FAS 133 and IAS 39 should have valuations separate from or in conjunction with valuations they receive from their derivative dealers.

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