Reval® Achieves Certified Integration with SAP® Applications for G/L Integration

Reval’s Solution Delivers More Operational Efficiency to Companies Through Interoperability with SAP Applications

NEW YORK--(BUSINESS WIRE)-- Reval (www.reval.com), the premier provider of financial risk management solutions for corporations and financial institutions globally, announced today that its Reval^®Software-as-a-Service (SaaS) solution has achieved certified integration with SAP^® applications. Reval^® integrates with the SAP ERP 6.0 application, providing advanced accounting and cash settlement functionality to customers also using SAP solutions.

The SAP Integration and Certification Center (SAP ICC) has certified that Reval Connect integrates with SAP ERP 6.0 to exchange critical data with instances of SAP Business Suite software. With this integration, users can now export general ledger postings from Reval into the SAP ERP application. Customers are able to fully automate their back-office accounting functions with Reval, increasing operational efficiency and eliminating security issues and opportunity for human error.

“We are delighted that Reval^® has achieved SAP certified integration,” said Jim Gilbert, vice president, Strategic Alliances, Reval. “Through the integration of Reval’s general ledger capabilities with SAP applications, customers can streamline core treasury and business technologies, which we believe will prove highly beneficial to current and future customer engagements.”

In addition, Reval has joined the SAP PartnerEdge™ program as an SAP software solution partner.

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About Reval

Reval provides an award-winning Web-based platform that automates corporate financial risk management for a wide range of interest rate, foreign exchange, commodity and credit derivatives. The world’s leading corporations and financial institutions use this SOX-compliant Software-as-a-Service to support and execute hedging strategies from exposure capture through performance measurement and to comply with international and domestic accounting standards, including ASC 815 (FAS 133), ASC 820 (FAS 157), IAS 39 and IFRS 7. Reval^® deploys rapidly and integrates easily with treasury management and ERP systems. The company’s SaaS platform and team of financial experts are also available on an outsourced basis through Reval Center™. Reval was founded in 1999 and is headquartered in New York, with regional centers based in Philadelphia, Chicago, San Francisco, Toronto, London, Frankfurt, Graz, Sydney, Hong Kong, and Gurgaon.

SAP, PartnerEdge and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

All other product and service names mentioned herein are the trademarks of their respective owners.

Reval
Public RelationsZoe Sochor, +1-860-799-7076
zoe.sochor@reval.com
North AmericaTracy Kantrowitz, +1-212-901-9711
tracy.kantrowitz@reval.com
EMEA and APACBrendan Nel, +43 (0) 316 908030 557
brendan.nel@reval.com

Source: Reval