Stagecoach Group Selects Reval for its Independent Derivative Valuation Expertise
Stagecoach Group has selected Reval’s derivative pricing service, Reval Center™, for independent interest rate and commodities valuations. Reval Center is an independent valuation service combining market data and analytics, which the company says offers fast, accurate and reliable valuations for structured products on an outsourced basis. Reval Center will perform Stagecoach’s valuations using Reval’s valuation tool, HedgeRx®. The service will be used to price a number of products including interest rate swaps, fuel swaps, fuel collars, fuel caps and fuel floors. Under the current market environment, more companies and auditors are placing a larger focus on derivative valuations and putting an emphasis on the need for independent valuations.