Reval Buys Treasury Provider

Reval, the financial risk management software provider, says it has acquired ecofinance, an Austrian company that sells treasury management solutions in Central Europe. Reval plans to integrate ecofinance's product with its own to come up with a single, software-as-a-service (SaaS) treasury solution.

"Down the road we'll have a treasury management solution that we can offer clients globally," says Jiro Okochi, Reval's CEO and co-founder

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