Leading Global Provider of Gaming Solutions Begins Using Reval´s SaaS Treasury and Risk Management Solution
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.