Reval Adds Treasury Functionality

Version 11.1 offers 12 new modules, including funding, investing and payments.

Reval launched a new version of its software-as-a-service technology today that combines the treasury management functionality the company acquired with its purchase of ecofinance with its traditional derivatives risk management and hedge accounting capabilities.

Reval version 11.1 has 12 new modules to meet the needs of corporate treasuries, including funding, investing, transactions and payments.

“We’re unveiling all the cash, payments and liquidity management functionality we didn’t have that’s now going to be integrated into a full suite solution for corporates,” says Jiro Okochi, CEO and co-founder of Reval.

Okochi says that while Reval has long partnered with treasury management software providers, “a lot of clients would prefer one voice, one system.” The company considered building treasury management capabilities but instead decided to acquire ecofinance, a 25-year-old Austrian company, he says.

“They’ve got great functionality for liquidity planning, a robust payment factory, the ability to do cash pooling and netting in a very robust way,” Okochi says. “In our opinion, this will be the most robust, sophisticated enterprise-wide treasury solution delivered as SaaS.”

For treasurers, a single solution that provides both treasury management and derivatives risk management means “having the ability to connect the dots,” he says. “If you are executing a hedge and you need to settle and pay any kind of premium or net settlement on the hedge, instead having to export it out of Reval into a treasury management system, it’s in the treasury management system.”


For earlier coverage of Reval’s ecofinance acquisition, see Reval Purchases Treasury Provider and M&A Hits the Market for Treasury Technology.





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