Stonemont Financial Group Announces Partnership with Reval
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Extends Best-of-Breed Hedge Accounting and Derivative Risk Management Advisory Expertise to Clients ATLANTA--(Business Wire)-- Stonemont Financial Group, one of the leading providers of interest rate and foreign exchange risk management advisory services, today announced a partnership with Reval, the global leader in derivative risk management and hedge accounting solutions and services. Stonemont will provide banks, corporations, and non-profit organizations with access to the award-winning Reval® Software-as-a-Service (SaaS) platform through Stonemont`s client Web portal. "We chose to partner with Reval because its best-in-breed technology complements our strategy for providing our clients with a complete suite of products and services to meet their risk management objectives," says Mark Brown, Principal at Stonemont Financial Group. "Stonemont clients will now have access to the same tools that the most sophisticated corporate and financial institutions in the world are using." The new Stonemont product will be offered in conjunction with the firm`s derivative consulting and trade advisory practice. With over 50 years of combined experience managing sales and trading functions in the derivatives industry, the Stonemont team specializes in the derivative implementation processes, providing clients with full-scale advisory services. "Stonemont understands that effective hedge accounting support is a critical component of any institution`s derivatives strategy," said Justin Brimfield, Senior Vice President of Business Development at Reval. "Their combined derivative risk management expertise and ability to help organizations understand the need for process and automation is imperative in achieving consistent and effective hedge accounting processes.This aligns well with Reval`s objectives." About Stonemont Financial Group Stonemont Financial Group provides comprehensive, independent, and unbiased consulting services on complex financial instruments such as derivatives and structured notes to corporations, financial institutions, not-for-profits, municipalities, asset managers, high-net-worth individuals, religious organizations and real estate developers. Stonemont`s partners have extensive experience across a broad range of asset classes including interest rates, equities, and foreign currencies.Stonemont not only assists with trade execution, but also focuses on pre-trade analysis and strategy formation as well as post-trade documentation and monitoring to ensure its clients are pursuing the most effective derivatives strategy given their objectives.Stonemont is based in Atlanta, Georgia and has client relationships throughout the U.S. For more information, visit www.stonemontfinancial.com or email info@stonemontfinancial.com About Reval Reval® provides financial and accounting professionals with an award-winning Web-based platform that supports derivatives risk management. This software-as-a-service addresses the need for derivatives to comply with national regulations, such as FAS 133, FAS 157, and Sarbanes-Oxley, as well as international regulations such as IAS 39 and IFRS 7.The world`s leading corporations, financial institutions, and accounting firms rely on Reval to provide independent valuations of derivative transactions and to assist with the hedge accounting of foreign exchange, interest rates, energy, credit, commodities, and other asset classes. Reval uses its expert teams comprising financial engineers, accounting professionals, and technologists to deliver its critically acclaimed services and products, which integrate easily with treasury management and ERP systems and deploy rapidly. Founded in 1999, Reval has headquarters in New York and regional centers based in London, Sydney and Gurgaon, India. The company also maintains offices in Chicago, Toronto, and San Francisco. For more information, visit www.reval.com or email info@reval.com Stonemont: Chris Kornatowski, +404-924-2020 Principal chris.kornatowski@stonemontfinancial.com or Reval: Zoe Sochor, +1-860-799-7076 Public Relations zoe.sochor@reval.com Copyright Business Wire 2009
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