Aristocrat Uses Reval, Gaining Efficiencies and Global Visibility
Leading Global Provider of Gaming Solutions Begins Using Reval's SaaS Treasury and Risk Management Solution
Sydney, Australia, July 22, 2013 --(PR.com)-- Reval, a leading global Software-as-a-Service (SaaS) provider of comprehensive and integrated Treasury and Risk Management (TRM) solutions, announced today that ASX-listed Aristocrat Leisure Limited, a leading global provider of gaming solutions, is leveraging Reval to increase efficiency and visibility across its global treasury operations. Once fully rolled-out, Aristocrat’s central treasury organization based in Sydney and the company’s major subsidiaries in Las Vegas, Tokyo and London will use Reval.
“Reval's all-in-one SaaS TRM solution helps us to manage enterprise-wide cash, liquidity and financial exposure with less resources,” says Reuben Rattos, Group Treasurer & Investor Relations Manager at Aristocrat Leisure Limited. “We considered local installation and SaaS, but our cost-benefit analysis showed that SaaS would deliver more value, providing scalability across our global operations and instant availability of upgrades.”
“We are very happy that our technology and expertise already offers measurable benefits to Aristocrat's treasury team, and we will continue to help the company achieve visibility into of more than 100 bank accounts across 20 different banks around the world,” says John Keeton, Reval’s Vice President of Professional Services, APAC.
Reval replaces Aristocrat’s legacy systems and spreadsheet-based processes, allowing the company to centralise and automate cash, liquidity, payments, foreign exchange, interest rates and risk management as well as reporting.
About Aristocrat
Aristocrat Leisure Limited is a leading global provider of gaming solutions. The Group is licensed by over two hundred regulators and its products and services are available in over ninety countries around the world. Aristocrat offers a diverse range of products and services including electronic gaming machines, interactive video terminal systems and casino management systems.
About Reval
Reval is a leading, global Software-as-a-Service (SaaS) provider of comprehensive and integrated Treasury and Risk Management (TRM) solutions. Our cloud-based software and related offerings enable enterprises to better manage cash, liquidity and financial risk, and includes specialized capabilities to account for and report on complex financial instruments and hedging activities.
The scope and timeliness of the data and analytics we provide allow chief financial officers, treasurers and finance managers to operate more confidently in an increasingly complex and volatile global business environment. Using Reval, companies can optimize treasury and risk management activities across the enterprise for greater operational efficiency, security, control and compliance. Founded in 1999, Reval is headquartered in New York with regional centers across North America, EMEA and Asia Pacific.
“Reval's all-in-one SaaS TRM solution helps us to manage enterprise-wide cash, liquidity and financial exposure with less resources,” says Reuben Rattos, Group Treasurer & Investor Relations Manager at Aristocrat Leisure Limited. “We considered local installation and SaaS, but our cost-benefit analysis showed that SaaS would deliver more value, providing scalability across our global operations and instant availability of upgrades.”
“We are very happy that our technology and expertise already offers measurable benefits to Aristocrat's treasury team, and we will continue to help the company achieve visibility into of more than 100 bank accounts across 20 different banks around the world,” says John Keeton, Reval’s Vice President of Professional Services, APAC.
Reval replaces Aristocrat’s legacy systems and spreadsheet-based processes, allowing the company to centralise and automate cash, liquidity, payments, foreign exchange, interest rates and risk management as well as reporting.
About Aristocrat
Aristocrat Leisure Limited is a leading global provider of gaming solutions. The Group is licensed by over two hundred regulators and its products and services are available in over ninety countries around the world. Aristocrat offers a diverse range of products and services including electronic gaming machines, interactive video terminal systems and casino management systems.
About Reval
Reval is a leading, global Software-as-a-Service (SaaS) provider of comprehensive and integrated Treasury and Risk Management (TRM) solutions. Our cloud-based software and related offerings enable enterprises to better manage cash, liquidity and financial risk, and includes specialized capabilities to account for and report on complex financial instruments and hedging activities.
The scope and timeliness of the data and analytics we provide allow chief financial officers, treasurers and finance managers to operate more confidently in an increasingly complex and volatile global business environment. Using Reval, companies can optimize treasury and risk management activities across the enterprise for greater operational efficiency, security, control and compliance. Founded in 1999, Reval is headquartered in New York with regional centers across North America, EMEA and Asia Pacific.
Contact
Reval
Zoe Sochor
+1 860 799 7076
www.reval.com
Hannelore Hummitzsch, Reval International, +43 316 90 80 30 567, hannelore.hummitzsch@reval.com
Contact
Zoe Sochor
+1 860 799 7076
www.reval.com
Hannelore Hummitzsch, Reval International, +43 316 90 80 30 567, hannelore.hummitzsch@reval.com
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