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OpenLink Corporate Headquarters - Long Island, New York Office

1502 RXR Plaza 15th Floor - West Tower
Uniondale
NY
US

OpenLink, Houston Office

909 Fannin, Suite 1200
Houston
TX
US

OpenLink, London Office

5 Aldermanbury Square London
London
GB

OpenLink, Berlin Office

Friedrichstrasse 200, Quartier 106
Berlin
DE

OpenLink, New York City Office

1370 6th Avenue of the Americas, Suite 901
New York
NY
US

OpenLink, Sydney Office

Level 11, 28 Hunter Street
Sydney
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OpenLink, Sáo Paulo Office

Alameda Santos 2441 2nd Floor
Sáo Paulo
BR

OpenLink, Vienna Office

Wienerbergstraβe 31-39
Wien
AT

OpenLink, Singapore Office

6 Temasek Boulevard #27-03A Suntec Tower 4
Singapore
SG

OpenLink, Tulsa Office

320 South Boston Avenue, Suite 600
Tulsa
OK
US

OpenLink, Toronto Office

133 Manitou Drive
Kitchener
CA

OpenLink, Bangalore Office

The Millenia, Tower A, Level 7, #1 & 2 Murphy Road, Ulsoor, Bangalore 560008, Karnataka State, India
Bangalore
IN

OpenLink, Mexico City Office

Paseo de la Reforma 265, 16th Floor
Mexico City
D.F.,
MX

New York, NY Head Office

1345 Avenue of the Americas
New York
NY
US

London Office

30 St Mary Axe
London
GB

Telephone

212-901-9750

Contact

Jiro Okochi
[email protected]
Back to all ION Treasury announcements

Australia’s Woodside Petroleum Ltd. Selects Reval’s HedgeRx® For Enterprise Risk Management & IAS 39

New York, NY – February 3, 2006

Reval®, the leader in financial risk management solutions and services, is pleased to announce that Woodside Petroleum Ltd. (“Woodside”) has selected Reval’s HedgeRx as an enterprise risk management solution to handle its debt, basic cash management, energy, foreign exchange and interest rate risk management, as well as hedge accounting under IAS 39. Woodside is based in Perth and is Australia's largest publicly traded oil and gas exploration and production company, with a market capitalization of more than A$26 billion (Dec 05).

“Most people know of Reval for its technology and full derivative capabilities but then are pleasantly surprised to see that we have additional depth in other Treasury requirements like short and long term debt management” noted Jiro Okochi of Reval. “We look forward to developing a strong long-term relationship with the treasury team at Woodside.”

“We are very excited to have won another client in the Asia/Pacific region.” noted Peter Reynolds, Director of Sales of Reval. “We believe that Woodside saw real value in our offering and thought that the hedge accounting experience we had would provide them with the knowledgeable partner they were looking for”.

With the sale to Woodside, Reval continues its rapid growth across the globe and continues to maintain its lead in offering the most comprehensive derivatives and hedge accounting solution for corporate treasury.