Global Logistic Properties Selects Reval

Hong Kong - 18 June 2013

Leading Logistics Network Provider to Use Reval´s SaaS Treasury and Risk Management (TRM) Solution

Reval, a leading global Software-as-a-Solution (SaaS) provider of comprehensive and integrated Treasury and Risk Management (TRM) solutions, announced today that SGX-listed Global Logistic Properties (GLP), the leading provider of modern logistics facilities in China, Japan and Brazil, has selected Reval to streamline processes and increase cash visibility across the enterprise.

“Given our scale and strong business growth we needed a global partner, which we found in Reval’s solid cash management capabilities and its expert team,” says Kazuhiro Tsutsumi, Managing Director, Global Treasurer and CFO Japan at GLP. “By leveraging SaaS technology, Reval’s TRM solution will be easy to roll out to our subsidiaries and facilitate global collaboration.”

“For companies like GLP, visibility of cash is critical. We are delighted to add this premier client to our community of treasury users in Asia Pacific,” says Tony Singleton, Managing Director APAC at Reval. “We worked closely with GLP to understand their processes and business goals, and to provide them with an integrated solution tailored to their needs as a growing, global organization.”

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