Reval announced today that it has released Reval 14.0, a new version of its comprehensive and integrated Software-as-a-Service (SaaS) solution for Treasury and Risk Management (TRM). The first of two annual upgrades, version 14.0 enables, Reval claim, treasurers to lead their organizations through global growth.

The new version 14.0  of Reval’s all-in-one SaaS TRM solution includes enhancements to and new features including:

• the  flexible and dynamic dashboard
• reporting capabilities that provide treasurers with an integrated and global view of exposures, derivatives and cash positions, in real time. These reports are highly configurable, enabling treasury to aggregate and view their information in various ways, according to specific user and entity preferences
• access and presentation across various data sources allows for advanced analysis and informed, strategic decision-making
• the ability to gather and translate data into actionable intelligence, so treasurers can more effectively advise their internal business partners, CFOs and boards regarding the interrelationships between cash, debt, investments and hedging activities
• Dodd-Frank and EMIR capabilities for trade capture and reporting to trade repositories
• Overnight Indexed Swap (OIS) discounting available to corporates as an alternative benchmark to LIBOR. (Discounting cash flows and marking to market in the same way banks are beginning to will become increasingly important to corporates, especially as auditors are likely to make OIS discounting a requirement over time.)
• the ISO CAMT standard format – a new XML-based standard for bank account statement reporting, expected to eventually replace SWIFT standards MT940 and MT942 and possibly the BAI2 format. In addition, Reval 14.0 allows payments to be scheduled according to local timezones, automatically taking into account the dispersing bank’s cut-off time. 

New installation

Reval announced last month that British Sky Broadcasting Group plc (BSkyB), the UK and Ireland’s leading home entertainment and communications company, is now live on Reval, with the ability to incorporate new accounting standards into its financial reporting.