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

Okochi says Reval has spent 10 years focusing on financial risks such as interest rates, foreign exchange, commodity and credit risk, along with changes in hedge accounting regulations.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Susan Kelly

Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.