Reval Signs up Anglian Water Services for FX management
Anglian Water Services has selected Reval’s HedgeRx for interest rate and foreign exchange risk management and IAS 39 reporting. As part of the deployment, Reval will build indexed linked functionality so that Anglian Water can manage its retail price index linked exposures. As the main operating subsidiary of AWG, it provides water services to 4.7 million people across East Anglia and the East Midlands, supplying more than 1.2 billion liters of water daily. The company also provides sewerage services to 5.5 million people. Reval now provides services to five utility companies based in the UK.