Reval Release to Help Companies Better Manage and Communicate Risk
Reval has released version 10.1 of its software-as-a-service (SaaS) solution. The new version arms users of derivatives with advanced risk management and graphical reporting tools for assessing and communicating the impact of market exposures on the business, according to the company.
Reval 10.1 enables companies to streamline the cyclical business process for financial risk management from pre-trade analysis to trade execution from within Reval, to hedge accounting and performance measurement, ensuring execution against hedge policies. New tools and modules provide users with the ability to visualise their risk positions across asset classes, net exposures across global entities to reduce trade volume and costs, and increase effectiveness by tracking trades over the lifecycle of the derivative.
“Since the global financial crisis and the market volatility that followed, corporate treasurers have sought out more value-added products and services to help them do their jobs more efficiently and more strategically,” said chief operating officer (COO) Philip Pettinato. “Getting corporate financial risk management right is more important than ever as the work in corporate treasury is increasingly recognised at the board level.”