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

Upcoming Webinar: Harnessing analytics with trusted and quality data for real-time insight and decision making

Date: 18 April 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Analytics are only as good as the data they analyse, and real-time insight and decision making are only as good as the analytics they are based on, raising questions about how to ensure fundamental data quality and trust in...

BLOG

ANNA Implementation of Revised ISO 6166 ISIN Standard Spotlights LEI, CFI and FISN

The Association of National Numbering Agencies (ANNA) has completed technical implementation of the revised ISO 6166 International Securities Identification Number (ISIN) with a view to bringing further clarity and transparency to the identification and reporting of financial instruments. Following implementation of the technical changes, National Numbering Agencies (NNAs) within ANNA must formally report Legal Entity...

EVENT

Data Management Summit London

Now in its 13th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Applications of Reference Data to the Middle Office

Increasing volumes and the complexity of reference data in the post-crisis environment have left the middle office struggling to meet the requirements of the current market order. Middle office functions must therefore be robust enough to be able to deal with the spectre of globalisation, an increase in the use of esoteric security types and...