Reval (company)

Reval is a software company.[1][2][3] Reval’s cloud-based software provides clients with tools to manage cash and financial risks.[4][5][6] The company is headquartered in New York City with regional offices in EMEA and APAC.[7] Reval is led by CEO, chairman, and co-founder Jiro Okochi.[8][9][10]

History

Reval was founded in 1999 by Jiro Okochi and Woo Song.[7][11][12] In 2009, the company acquired FXpress Corporation, a leading treasury software provider to the Fortune 1000, and in 2011, acquired European treasury management provider, ecofinance.[13][14][15]

In 2012 and 2013, Reval won Global Finance Magazine's Treasury & Cash Management Award for Best Financial Risk Management Solution.[16][17][18]In October 2016, Reval was acquired by ION investment group.[19][20][21]

Philanthropy

Little Kids Rock (LKR), a leading nonprofit provider of free musical instruments and teacher trainings to U.S. public schools, appointed Jiro Okochi to the New York Area Board of Directors to spearhead fundraising efforts for LKR’s New York metro area program.[22]

References
  1. "IFRS 9: hedge accounting your way?". Treasury Today. Retrieved August 1, 2013.
  2. Susan Kelly. "Will Dodd-Frank Alter Corporate Hedging?". Treasury & Risk. Retrieved July 28, 2013.
  3. Susan Kelly. "Reval Adds Treasury Functionality". Treasury & Risk. Retrieved August 9, 2013.
  4. Ryan Heaslip. "Higher efficiency in the cloud". FX-MM. Retrieved August 6, 2013.
  5. Susan Kelly. "Reval Adds Treasury Functionality". Treasury & Risk. Retrieved July 28, 2013.
  6. "Cash Management: Bank Deposits Remain Top Cash Destination". International Treasurer. Retrieved August 9, 2013.
  7. "Hitachi Capital UK Selects Reval for Treasury and Risk Management (TRM)". Business Wire. Retrieved July 14, 2013.
  8. Tony Singleton. "3 main drivers of cash pooling in Asia Pacific". Asian Banking & Finance. Retrieved July 28, 2013.
  9. "FacilitatingTreasury Transformation in 2013" (PDF). Treasury Management International. Retrieved August 3, 2013.
  10. Cesar Bacani. "Risk Management: Unhappy CFO, Sadder Treasurer". CFO Innovation Asia. Retrieved August 4, 2013.
  11. "Company Profile: Reval". Inc. Retrieved July 28, 2013.
  12. "Board of Directors Fitness Standards" (PDF). U.S. Commodity Futures Trading Commission. Retrieved August 3, 2013.
  13. Andrew Deichler. "Reval Expands Capabilities with ecofinance Acquisition". Association for Financial Professionals. Retrieved August 7, 2013.
  14. "Reval Acquires FXpress Corporation". Financial Technologies Forum. Retrieved August 4, 2013.
  15. "Reval Buys FXpress". Accounting Today. Retrieved August 4, 2013.
  16. "Global Finance Names the World's Best Treasury & Cash Management Providers 2013". Global Finance. Retrieved August 9, 2013.
  17. "Testimony of Jiro Okochi Chief Executive Officer & Co‐Founder Reval.com, Inc. Before the U.S. Senate Committee on Agriculture, Nutrition and Forestry On OTC Derivatives Reform and Addressing Systemic Risk". Reval. Retrieved August 2, 2013.
  18. Tom Braithwaite. "Treasury Chief hardens stance on derivatives". Financial Times. Retrieved August 5, 2013.
  19. "ION Completes Acquisition of Reval as strategy becomes clear". Retrieved 2017-10-19.
  20. 4-traders. "ION Completes Acquisition of Reval". Retrieved 2017-10-19.
  21. "Reval's Treasury Tools Find A Buyer - Reval To Be Acquired By ION | PYMNTS.com". www.pymnts.com. Retrieved 2017-10-19.
  22. "Reval CEO Joins New York Area Board of Directors for National Music Education Nonprofit, Little Kids Rock". Reuters. Retrieved August 2, 2013.
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