Brings New Approach to FX Exposure Management in an Innovative, End-to-End Workflow
Reval, a leading global provider of comprehensive and integrated Software-as-a-Service solutions for Treasury and Risk Management (TRM), announced recently that Atlas Risk Advisory is now part of its STP Community of software and service providers. The joint offering will enhance the user experience for companies wanting an accurate approach to FX Exposure Management in an end-to-end TRM workflow.
Reval and Atlas clients will be able to identify, extract and aggregate only the relevant data from their ERP systems and generate accurate forecasted FX exposures. Within a powerful straight-through processing workflow, companies will then be able to make informed hedging decisions, execute and settle their trades. Post-trade, they will be able to perform advanced analytics to analyze their hedge results, quantify any variances and comply with hedge accounting requirements - all through one SaaS TRM platform.
“Identifying and extracting data is just the beginning,” explains Scott Bilter, Atlas Partner. “What companies need is an end-to-end workflow that also incorporates advanced analytics to help net and manipulate their FX exposure data. Our partnership with Reval brings the most innovative workflow for FX Exposure management to treasurers in the market.”
“Atlas offers clients a unique FX risk management methodology, incorporating income statement data with balance sheet data for an accurate, forward-looking picture of FX exposures. This is a more reliable approach than what is sometimes done today, which is to take daily snapshots of balance sheet statements as a proxy for the future,” explains James Gilbert, Vice President of Strategic Alliances at Reval. “We are thrilled to have the power of Atlas as part of Reval’s straight-through processing experience for end-to-end treasury and risk management.”
Click here to view the entire Reval press release.
Today’s treasury managers are tasked to do more with less. Cloud-based treasury and risk management (TRM) solutions work to balance both the traditional tasks of managing cash, short-term debt and investments, while also providing the capability to manage capital market activities, mergers and acquisitions (M&A) activity, insurance and pension programs, and working capital management.
Mark your calendar to check back for PayStream’s upcoming Q1 2014 TRM report. The report will provide detailed information on these sophisticated tools and how they enable companies to optimize treasury operations and achieve greater profitability.
To learn more about this upcoming report, click through to the PayStream Research Calendar.
