Derivative Path Selects Reval for Hedge Accounting

Published 

Technology-led Derivative Services Provider to Offer Clients Award-Winning Capabilities

New York, San Francisco – Derivative Path (www.derivativepath.com) chose Reval’s outsourced service, Reval CenterTM, to provide award-winning hedge accounting service to its regional and community bank clients, the companies announced today. Reval (www.reval.com) is a leading global provider of Software-as-a-Service solutions for Treasury and Risk Management.

“Our aim is to ensure that banks aren’t stymied by the headwinds of regulatory change in the over-the-counter derivatives market,” says Derivative Path Co-founder and Co-CEO Pradeep Bhatia. “By leveraging Reval’s unmatched hedge accounting expertise and robust SaaS platform, we can offer a more powerful solution to banks that don’t have the technology or the in-house accounting expertise to handle the complexities of using OTC derivatives. We looked at several other providers to complement our state-of-the-art trade pricing and portfolio management services, but none had the depth of reporting capabilities and expertise around hedge accounting that Reval has. Reval will enable our clients to access the market and feel confident that their trades will be properly accounted for.”

Derivative Path currently services banks and their use of interest rate swaps and other derivatives in the management of interest rate risk. Leveraging Reval’s Software-as-a-Service platform, Derivative Path will be able to scale in size and in asset class coverage, and will always benefit from the most current version of the software, enabling their clients to meet continuously evolving compliance requirements.

Reval was founded in 1999 specifically to bring an internet solution to the underserved corporate treasury market struggling to meet stringent new hedge accounting requirements. Over the past 15 years, Reval continued to broaden its offering to a comprehensive and integrated suite of Treasury and Risk Management solutions on a single-version SaaS platform. It continues to lead the market in solutions that help companies comply with rules governing the use of derivatives, such as those mandated from Dodd-Frank in the U.S. and the European Market Infrastructure Regulation (EMIR).

“We have a long history with the experienced leaders of Derivative Path and are happy that they are continuing to put their trust in Reval,” says Reval CEO and Co-founder Jiro Okochi. “The team at Derivative Path has decades of capital markets experience, and now, leveraging Reval’s expertise in hedge accounting, they will be able to serve their clients well across all aspects of the derivatives business.” 

Most recent episodes

£15 Billion Stimulus Pumped into UK Economy to Ward Off Recession Fears

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 7th June...

04:44

Advantage Treasury

Eleanor Hill is joined in the virtual TreasuryCast studio by Nicolas Cailly and Philippe Penichou (Societe Generale) to look at treasury trend predictions for the remainder of 2022, with a particular focus on virtual accounts. In this deep dive into current and future treasury priorities, our guests...

24:22

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY's distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event, explain...

09:58

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI's Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI's Editor, Eleanor Hill, to explore the very latest treasury trends - and to discuss how smart treasurers can get ahead of th...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI's Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25