Reval and FXall integrate platforms

Source: Reval

Reval, the leading financial risk management solutions provider to corporate end-users globally, and FXall, the world's leading electronic foreign exchange platform, announced today that they have completed the integration of their platforms to provide corporate end-users of derivatives with a Web-based solution for straight-through processing of real-time foreign exchange trading.

The tightly integrated interface is available in the newly released Reval® 10.1. Demonstrations will be given at the Reval booth (#537) and the FXall booth (#1632) throughout the conference.

This integrated offering combines FXall's reporting, control and settlement capabilities, in addition to deep liquidity, from FXall's provider banks and the sophisticated analytical tools of Reval's Software-as-a-Service (SaaS) solution for managing each stage of the financial risk management business process. Corporate FX traders can access two-way executable prices simultaneously from multiple counterparties through the Reval user interface, deal on a live price, and receive immediate acknowledgement. Trades then flow into Reval's industry-leading valuation and hedge accounting engines, and into FXall's Settlement Center and confirmation matching service.

"Our goal is to provide companies with unparalleled visibility and control over their FX risk management programs," says Reval Senior Vice President of Business Development Justin Brimfield. "With increasing international exposure and currency volatility, companies are looking for comprehensive solutions that enable them to focus on analysis and effective hedging, rather than on calling banks and keying trades."

"Speed, control and transparency are key issues for corporate treasurers who need to be able to trade efficiently and confidently on a daily basis," says Jim Kwiatkowski, Head of Sales, Americas at FXall. "The integration borne of this partnership will offer hedgers and risk managers unique access to the operational benefits and cost savings of a single, end-to-end FX hedging solution."

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