Reval Unveils Single SaaS Solution for Treasury and Risk Management
Reval has launched its enhanced, all-in-one software-as-a-service (SaaS) solution for integrated enterprise treasury and risk management. The unveiling of Reval version 11.1 marks the first time complex risk and deep cash and liquidity functionality is combined into a single SaaS solution capable of managing the treasury requirements of more sophisticated organisations.
Version 11.1 broadens Reval’s leading financial risk management SaaS solution with the integration of cash and liquidity management functionality refined over 25 years by ecofinance, the treasury management system provider Reval acquired early this year. The combined offering meets the treasury requirements of all regions and addresses the global market need for a single, integrated solution that delivers deep and broad visibility for treasury and risk management across the enterprise.
Laurie McCulley, managing director of consulting firm, Treasury Strategies, said: “As the function of treasury continues to expand and evolve into the corporate financial nerve centre, organisations are increasingly looking to SaaS technology to provide visibility and control of these critical financial operations, as well as a view of risk.”
Reval’s SaaS includes 12 new modules for key areas of treasury, offering flexible views for global cash management and liquidity, including funding, investing, transactions and payments. It provides a single platform for all instrument capture, covering derivative, debt and investment instruments, and offers a single sub-ledger for all treasury accounting entries.