When Reval acquired ecofinance in early 2011 to enter the general corporate treasury management systems market it was clear that the integration of the two systems - econfinance and Reval - would take time. It is only when users are prepared to be quoted as a reference site that Reval has proof that they have a working and integrated system.

After 18 months of massive investment and development, Reval has announced that Hitachi Capital UK has selected and successfully implemented Reval's Software-as-a-Service (SaaS) solution for integrated treasury and risk management. Hitachi Capital UK replaced its existing TMS with Reval's all-in-one SaaS solution to gain significant improvement in the efficiency of processes and financial control over its treasury and risk positions. "We are particularly pleased with our new hedge accounting set up," says Jeremy Johnson, Group Treasurer of Hitachi Capital. "Processes that previously took a minimum of two days, and with uncertain results can now be completed in less than an hour at period end and with near zero P&L volatility in the future."

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 Reval's Enterprise Treasury and Risk Management System is beginning to come of age.