New York – April 19, 2016 – With a new agreement between SWIFT and Reval, corporate treasury teams using the Reval Cloud Platform for automated cash and liquidity management can now join the SWIFT messaging network to connect their bank accounts anywhere in the world. The alliance adds to the bank connectivity options Reval offers its clients.
“The combined offering of Reval and SWIFT’s Alliance Lite2 not only follows the global movement toward cloud-based solutions for treasury management systems, it also offers an easy, streamlined approach to global banking,” says Ed Adams, Head of Corporates – Americas & UK at SWIFT. “By capturing client requirements and providing training for mutual clients, we are making it easier for companies to join the SWIFT community, while leveraging the best-in-class treasury technology of Reval.”
“Our collaboration with SWIFT makes day-to-day operations much easier for companies that want a seamless treasury management experience,” says James Gilbert, Senior Vice President, Strategic Alliances at Reval. “With the formal alliance between SWIFT and Reval, companies will have a mutually supported source of service for their bank connectivity needs.” Reval’s agreement with SWIFT rounds out its growing network of bank connectivity partners, bringing Reval clients more options for bank connections globally.
SWIFT is a global member-owned cooperative and the world’s leading provider of secure financial messaging services. We provide our community with a platform for messaging, standards for communicating and we offer products and services to facilitate access and integration; identification, analysis and financial crime compliance. Our messaging platform, products and services connect more than 11,000 banking and securities organisations, market infrastructures and corporate customers in more than 200 countries and territories, enabling them to communicate securely and exchange standardised financial messages in a reliable way. As their trusted provider, we facilitate global and local financial flows, support trade and commerce all around the world; we relentlessly pursue operational excellence and continually seek ways to lower costs, reduce risks and eliminate operational inefficiencies.
Headquartered in Belgium, SWIFT’s international governance and oversight reinforces the neutral, global character of its cooperative structure. SWIFT’s global office network ensures an active presence in all the major financial centres. For more information, visit www.swift.com.