Reval.com Inc. has upgraded its Web-based derivatives hedging and risk management application to include several structured interest rate products, such as dual currency bonds and CMS spread formula bonds.

Reval’s HedgeRx version 8.1 also provides clients with additional reporting tools to comply with increased scrutiny in these volatile markets. Global accounting standards–International Financial Reporting Standard (IFRS) 7 and Financial Accounting Standard (FAS) 161–now require more detailed reporting on financial instrument exposures and risk management.

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