ETOS Selects Reval

Sydney, 8 August, 2011 – ETOS, a leading treasury services outsourcing firm for New Zealand corporations have selected Reval’s Web-based solution as its Treasury Management System, Reval (www.reval.com) announced today. In addition, ETOS have also entered into an agreement to operate as a local reselling partner for Reval in New Zealand.

“ETOS are delighted to work with Reval at a time when treasury functions are becoming increasingly more significant and transparent within organizations. Reval’s global presence, in-depth product offering and award-winning dynamic technology make it the right choice for ETOS and our clients to meet evolving market requirements,” said Richard Eaddy, Managing Director at ETOS.

ETOS will use the Reval’ SaaS solution to service their client’s wide range of treasury reporting requirements that includes risk reporting, derivative valuations and hedge accounting.

“We are excited about establishing a partnership with ETOS and having another New Zealand organisation join our prominent global community of users,” says Tony Singleton, Managing Director of Asia-Pacific at Reval.  “ETOS shares our vision for offering cutting edge functionality that supports evolving corporate treasuries who are seeking better transparency and improved efficiencies, and we look forward to delivering together what treasurers are looking for in a web-based solution.”

About ETOS

ETOS is the premier, wholly owned New Zealand Company specialising in Treasury Outsourcing Services to many of New Zealand’s largest organisations trading both internationally and domestically.

With expertise in front, middle and back office treasury services ETOS provides a wide range of treasury functions including deal execution, settlements, board reporting, hedge accounting and treasury compliance procedure.  Working together with the client and using leading edge Treasury Management Systems ETOS is able to strengthen the clients risk compliance giving management, boards and shareholders confidence.

Founded in 2000, ETOS has built a market leading reputation for performance, delivery, accuracy and risk reduction in all aspects of this specialised area of business. ETOS company directors, Richard Eaddy and Lesley Mitchell recognise the importance of providing clients with the most up-to-date technology and are constantly identifying and introducing new initiatives to the treasury market.   ETOS operates as a partner to companies in all areas of the industry, including publically listed, privately owned and central and local government authorities.

For more information about ETOS, visit www.etos.co.nz or contact enquire@etos.co.nz.

For more information about Reval, please contact info@reval.com.

Other suggested links: twitter.com/revalacctg4risk

About Reval

Reval is a global SaaS provider for Treasury and Risk Management, helping enterprises better manage cash, liquidity and financial risk, and account for and report on complex financial instruments and hedging activities.

For more information, visit www.reval.com or email info@reval.com.

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