Expects to address the complexities of hedge accounting requirements for companies
Reval, a provider of financial risk management and hedge accounting services, has partnered with locally-based Moeller & Schlett, a provider of implementation and optimization services to corporate treasury departments.
According to Reval, the partnership complements the company continued growth strategy for international markets, engaging the company with regional firms to provide services through a combination of local knowledge and Reval’s technology and services.
With the focus on risk management in today’s volatile market, this partnership expects to provide a number of global companies in Germany, Austria and Switzerland with a solution to address the complexities of their hedge accounting requirements, said Reval.
Moeller & Schlett will assist Reval with business development and lead generation activities through its extensive network of corporate treasury professionals.
Rudolf Schlett, co-founder and managing director of Moeller & Schlett, said: Moeller & Schlett are excited to be a part of Reval’s success story in German-speaking Europe. Reval’s International Financial Reporting Standards and International Accounting Standard solutions and software-as-a service model are fundamental to its success and will provide complete core treasury management functionality for corporations.