ETOS, a leading treasury services outsourcing firm for New Zealand corporations have selected Reval’s Web-based solution as its Treasury Management System, Reval announced today. In addition, ETOS have also entered into an agreement to operate as a local reselling partner for Reval in New Zealand.
“ETOS are delighted to work with Reval at a time when treasury functions are becoming increasingly more significant and transparent within organizations. Reval’s global presence, in-depth product offering and award-winning dynamic technology make it the right choice for ETOS and our clients to meet evolving market requirements,” said Richard Eaddy, managing director at ETOS.
ETOS will use the Reval’ SaaS solution to service their client’s wide range of treasury reporting requirements that includes risk reporting, derivative valuations and hedge accounting.
“We are excited about establishing a partnership with ETOS and having another New Zealand organisation join our prominent global community of users,” says Tony Singleton, managing director of Asia-Pacific at Reval. “ETOS shares our vision for offering cutting edge functionality that supports evolving corporate treasury’s who are seeking better transparency and improved efficiencies, and we look forward to delivering together what treasurers are looking for in a web-based solution.”