Reval Acquires FXpress Corporation
Combines Best SaaS for Corporate End-Users of Derivatives
On August 26, 2009, Reval announced that it acquired FXpress Corporation,
a leading treasury software provider to the Fortune 1000. The acquisition solidifies
Reval’s position as the leader in global derivative risk management and hedge accounting
software solutions and services for corporate end-users of interest rate, foreign exchange,
commodity and credit derivatives.
Reval® provides financial and accounting professionals with an award-winning Web-based
platform that supports derivative risk management. This Software-as-a-Service addresses
the need for derivatives to comply with international regulations, such as FAS 133, FAS 157,
Sarbanes-Oxley, IAS 39 and IFRS 7.
The world’s leading corporations, financial institutions, and accounting firms rely on Reval
to provide independent valuations of derivative transactions and to assist with the hedge
accounting of foreign exchange, interest rates, energy, credit, commodities, and other asset
classes.
Founded in 1999, Reval has headquarters in New York and regional centers based in Bala Cynwyd,
Chicago, San Francisco, Toronto, London, Sydney, Hong Kong, and Gurgaon.
Reval supports 350 clients with 200 employees and affiliates located in seven countries in North
America, EMEA and APAC.
For more information, visit www.reval.com or email
info@reval.com