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Bronze AHA Award Winner for Tool of the Year

REVAL

By Staff Writer | Updated on November 06, 2007

Jiro Okochi has been ahead of the curve pretty much since he started financial software provider Reval in 1999, recognizing early on the sustained effort necessary for corporations to remain compliant with the mounting complexities of accounting regulations affecting derivatives. And he plans to keep it that way.

Today, Reval keeps ahead of the curve with constant updates of products to reflect new regulatory framework, allowing its products to solve “just about every flavor of derivatives hedging challenge,” says Okochi. For instance, the HedgeRx tool–winner of an Alexander Hamilton for Tool of the Year–delivers two major application releases each calendar year. “For example, this month we will come out with our new FAS 157 module and in the past year we added support for the Canadian CICA 3865 hedge accounting standard,” he says.

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