Reval is the leading global provider of a scalable cloud platform for Treasury and Risk Management (TRM). Their cloud-based offerings enable enterprises to better manage cash, liquidity and financial risk, and to account for and report on complex financial instruments and hedging activities. With offerings built on the Reval Cloud Platform, companies can optimize treasury and risk management activities across the enterprise for greater operational efficiency, security, control and compliance. Founded in 1999, Reval is headquartered in New York with regional centers across North America, EMEA and Asia Pacific.
"Many of our financial instruments are bespoke so we needed to be confident all the varieties within our portfolio could be accommodated, but we also needed to consider how easy it would be to live with the vendor solution if the regional focus of our business were to shift. The system also needs to produce monthly accounting journals (more than 20,000 per month) for reporting to our parent six days after month end due to strict Chinese parent reporting deadlines (best practice tends to be eight plus business days), so accuracy and reliability are also important."
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