Landesbank Baden-Württemberg Selects Reval for Valuations

Landesbank Baden-Württemberg (LBBW) has selected Reval’s web-based solution for valuations and accounting of derivatives. The German universal bank will use Reval to support its solutions and structuring department for their sales and service activities.

Using Reval’s Structured IR and IAS 39 modules, LBBW can create customised hedge instruments that qualify under IAS 39 accounting regulations, meet actual client requirements to hedge specific cash flows, and accommodate client expectations about future market developments. Such flexibility will help LBBW meet increased demand for customised structured products that qualify for beneficial accounting treatment.

“We selected Reval because of its support of a wide spectrum of financial instruments for IR, FX and commodities asset classes and its unrivalled expertise in hedge accounting,” said Dr. Daniel Oldeweme, director solutions and structuring at LBBW. “As Reval provides this functionality through cloud computing, we did not need to invest in IT infrastructure, and the services could be used immediately.”

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