Reval Reports Continued Growth in 2010

New York, February 9, 2011 – Reval (, the premier provider of Software-as-a-Service (SaaS) solutions for corporate financial risk management, reported today that it added 70 new clients in 2010, generating 63 percent more new contract value than in 2009. As a result, revenue grew over 43 percent. Demand for more risk management tools and straight-through processing drove new business.

In a year marked by volatile currency markets and rising commodity prices, Reval expanded key risk functionality and enhanced foreign exchange workflow to achieve true straight-through processing on its single-version SaaS platform. The company developed new exposure management tools, a cash flow at risk (CFaR) module, and integrated foreign exchange trade execution capabilities, making the end-to-end business process for corporate financial risk management both deep and seamless.

“We saw companies continue to invest in improving their business processes around treasury and risk management,” says Reval CEO and Co-founder Jiro Okochi.  ”The trend for Software-as-a-Service continued to pick up and is now more of a must-have requirement on RFP’s.”

Reval also acquired Austrian-based ecofinance, a provider of treasury management solutions for Germany—the fourth largest economy in the world—and surrounding central European countries. Reval’s plans for 2011 include integrating ecofinance’s proven technology with its own SaaS, to deliver an all-in-one SaaS solution for corporate treasury.

By the end of 2010, Reval supported 520 clients globally with 280 employees. The company also made Deloitte’s 2010 Technology Fast 500™ for its revenue growth of 348 percent over a five year period.

As used in this document, “Deloitte” means Deloitte LLP. Please see  for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

For more information about Reval, please contact

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 or email

Note to editors: Trademarks and registered trademarks remain the property of their respective owners.