New York, December 21, 2009 – Reval, the leading global derivative risk management and hedge accounting solutions provider, garnered four awards this year that demonstrate the quality of its technology and the strength of its company. The recognition represents repeat wins from Treasury Management International (TMI) magazine’s Innovation & Excellence in Treasury Management, Treasury & Risk magazine’s Alexander Hamilton Awards, and Deloitte LLP’s Technology Fast 500™.
“Receiving these prestigious awards and ranking speaks volumes about Reval’s dedication to keeping clients at the center of its products and services,” says Reval CEO Jiro Okochi. “We are delighted that the industry has recognized the value our team delivers to the market, and we look forward to new and exciting developments in 2010.” Reval provides over 375 leading corporations, financial institutions and accounting and advisory firms with a single version of its Software-as-a-Service (SaaS) Web-based solution, which supports a broad range of derivative asset classes for derivative risk management and hedge accounting.
Reval’s most recent win is TMI’s 2009 “Best Technology Provider of Hedge Accounting Solutions,” awarded by the magazine’s readership of corporate treasurers who voted in record numbers this year. This is the fourth consecutive year Reval has been recognized for a TMI award.
Reval’s FIRST Intercompany Loan Module took the Gold in “Solution of the Year,” a category of Treasury & Risk magazine’ Alexander Hamilton Award, which recognizes cutting-edge solutions that tackle ongoing challenges in innovative ways. In addition to this category, the Microsoft Corporation’s use of Reval® won the “Financial Risk Management” category for increasing FX hedging capabilities and efficiencies using a single Web-based solution at a lower cost of ownership. This is the third consecutive year Reval has won Alexander Hamilton Awards.
For a second time since 2007, Reval has placed on Deloitte LLP’s Technology Fast 500™. The company ranked 274 for its impressive growth of 469% over the five year period from 2004-2008. The Technology Fast 500™ is Deloitte LLP’s ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
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