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Reval, a software and risk management services provider, has had its solutions suite integrated by SWIFT in a bid to help automate its automated cash and liquidity management across its global messaging network, according to a recent Reval statement.
More specifically, SWIFT will utilize Reval’s corporate cloud utility, part of its Cloud Platform, to help foster cohesiveness and connectivity with banking accounts worldwide, as part of the group’s messaging network. By extension, the agreement will also yield the same interlocking connectivity benefits on Reval’s end, albeit localized to its own respective clientele.
SWIFT’s decision to assimilate Reval’s cloud management capabilities follows a ... (read more)