KPN Selects Reval for Treasury and Risk Management

London, 13th January 2014 – Reval, a leading global Software-as-a-Service (SaaS) provider of comprehensive and integrated Treasury and Risk Management
(TRM) solutions, announced today that KPN, the leading
telecommunications and ICT service provider in the Netherlands, has
selected Reval to integrate and streamline its cash management, risk management and hedge accounting.

For KPN, the combination of strong risk, compliance and robust cash
management capabilities delivered via a single SaaS solution was a key
factor in selecting Reval. Reval will allow the company to further
automate and optimise treasury and accounting workflows, risk
management, hedge accounting and reporting.

“Reval are delighted to add KPN to our growing list of clients in the
BeNeLux region,” says Nigel Sirett, Managing Director EMEA at Reval.
“Innovative companies like KPN appreciate the value of Reval´s SaaS TRM
solution for its flexibility and scalability, and the ability to
continually align treasury with their organisation´s business strategy.”

About KPN
KPN is the leading telecommunications
and ICT provider in the Netherlands offering wireline and wireless
telephony, broadband and TV to consumers and end-to-end telecom and ICT
services to business customers. In Germany and Belgium, KPN pursues a
Challenger strategy in its wireless operations and offers mobile
telephony products and services to retail customers through E-Plus and
BASE Company, respectively. BASE Company also offers fixed line
services, via the incumbent’s VDSL network. KPN operates an efficient
IP-based infrastructure with global scale in international wholesale
through iBasis.

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.

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