About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Reval Claims 50% Increase in Revenue for 2008 and 75 New Clients

Subscribe to our newsletter

Originally appeared in MiFID Monitor

In keeping with the perception that risk has become a key focus for investment in the current environment, risk management solutions provider Reval has announced strong client growth over 2008. According to the vendor, it experienced a 50% increase in revenue and the addition of 75 new clients over last year.

Reval attributes this growth to its geographical coverage and regional focus, as well as the need in the market for solutions in the compliance, risk management and valuations space. Jiro Okochi, CEO and co-founder of Reval, explains why he thinks the vendor has experienced robust growth: “Reval’s best of breed solutions, expertise and global footprint have been instrumental in its success. In today’s volatile environment, companies cannot afford to take risks, and Reval’s proven track record provides the reassurance companies need when addressing challenges in hedge accounting and risk management.”

The firm saw client growth across all regions in 2008, with its North America contract value growing by 130%, EMEA by 167% and Asia Pacific by 227%. Reval also added clients from markets that it had previously not had a client presence including France, Singapore and Korea. In order to support its growth, it also increased its workforce across North America, EMEA and Asia Pacific by 80% last year.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

TRG Screen Launches AI Assist to Advance Reference Data Cost Management

Market data spend and usage management software provider TRG Screen has launched an artificial intelligence-powered capability to help financial institutions better manage spiralling data costs. The conversational AI interface sits on top of TRG Screen’s established Xmon platform, allowing users to interact with their own programme data using natural language. Instead of digging through technical reports, users can ask the system direct questions about cost optimisation opportunities and...

EVENT

RepRisk Sustainability Breakfast Roundtable London

The London sustainability breakfast is part of the global roundtable thought leadership event series hosted by RepRisk in key markets, including, New York, Toronto, London, Frankfurt, Oslo, Copenhagen, Stockholm, Hong Kong and Singapore in 2026.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...