New York, January 12, 2009 – CFO’s, treasurers and financial professionals worldwide voted Reval, a global leader in financial risk management and hedge accounting solutions and services, "Best Technology Provider of Hedge Accounting Solutions" for the third consecutive year in Treasury Management International’s 2008 Awards for Innovation & Excellence in Treasury Management. Over 1600 industry professionals participated in the voting process.
Robin Page, CEO of Treasury Management International said, "TMI is pleased to present Reval with this award. This underlines the strong reputation they have amongst treasurers worldwide for delivering innovative and best-in-class Hedge Accounting solutions."
"Winning TMI’s award for ‘Best Technology Provider of Hedge Accounting Solutions’ for a third year running further solidifies our position as market leader in the hedge accounting space," said Jiro Okochi, Reval CEO and Co-founder. "I would like to thank all our clients who voted for us and pledge our ongoing commitment to serving their derivative accounting, risk management and valuation needs in 2009."
Reval continues to receive global recognition for innovation by helping corporations with their treasury management needs and allowing them to remain compliant with the increasing complexities of accounting regulations affecting derivatives. Reval’s derivative solution and derivative valuation services address the complex business, valuation, and accounting requirements for derivative management for interest rates, foreign exchange and commodities for the front, middle and back office. Reval’s products and services help companies implement better approaches to effectiveness testing under stringent accounting rules such as FAS 133, IAS 39 and CICA 3865, providing better control of operational risk, and help to avoid financial restatements and other regulatory pitfalls. The easy-to-deploy Software-as-a-Service has cutting-edge security, strict controls and a SAS 70 Type II certification.
For more information, visit www.reval.com or email firstname.lastname@example.org.
Note to editors: Trademarks and registered trademarks remain the property of their respective owners.