New York, June 4, 2013 – Coca-Cola Hellenic, one of the largest bottlers of products of the Coca-Cola Company, was highly commended by Treasury Today magazine’s Adam Smith Award for Best Risk Management Solution, announced Reval, a leading global Software-as-a-Service (SaaS) provider of comprehensive and integrated Treasury and Risk Management solutions. Coca-Cola Hellenic used Reval to enable its award-winning risk management program and will join the solutions provider in an awards ceremony in June.
“I am honored that our team has received this recognition by the industry and am pleased that our work here at Coca-Cola Hellenic can be shared as best practices with the industry at large,” says Dimitris Papathanasiou, Financial Risk Manager. “The range of benefits we received from Reval’s SaaS delivery and its rich risk functionality helps us tackle the challenges we face today and those we could possibly encounter at any given time in the future.”
“Coca-Cola Hellenic is clearly a leader in its approach to risk management,” says Nigel Sirett, EMEA Managing Director at Reval. “I commend Dimitris and his team for having the vision to lead their treasury organization through and beyond very difficult times in the Eurozone. I am very happy they chose Reval as their strategic partner to help turn their vision into reality.”
Coca-Cola Hellenic was chosen among 214 entries that, according to Treasury Today, span a broad universe in terms of size, industry sector and geography, with 25 countries and every continent represented. Now in its sixth year, the Adam Smith Awards are judged by a panel of industry representatives who look for solutions that demonstrate best practice and innovation in the corporate treasury arena. The organizers say they look for innovation, creativity, outstanding insight, thinking 'outside the box' and real business impact.
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