New York – July 27, 2016 – Hasbro, Inc., a global company committed to "Creating the World's Best Play Experiences," was highly commended by Treasury Today magazine's Adam Smith Awards for Harnessing the Power of Technology, using the Reval Cloud Platform for treasury and risk management.
In a case study profile featured this month in Treasury Today, Hasbro Senior Vice President and Treasurer Martin Trueb says that his team is now able to provide "leadership with real-time information, spending time on strategic planning and forecasting and learning new ways to manage our treasury responsibilities globally."
Hasbro uses the Reval Cloud Platform to connect its global operations for treasury and risk management, leveraging straight-through processing to Reval's integrated partner offerings. "We use Fides, FXall, Thomson Reuters' market data and SAP, all without leaving the system. Reval is unique in its connection to Fides for bank connectivity, so we did not have to seek out another source ourselves," Trueb explains. Prior to Reval, the company's processes were highly manual. The Hasbro team implemented Reval to gain global visibility and control over cash and exposures.
"It is great to see Hasbro recognized for leading best practices in corporate treasury and able to share its approach with the treasury community," says Reval CEO and Co-founder Jiro Okochi. "We are thrilled that the team has won such a prestigious award, and that Reval has had a role in helping them achieve their goals for success."
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