Reval to Offer Service as Trade Repository of OTC Derivatives for Corporate End-Users

Single-Version, Web-based Software Platform Provides Ready-Made Regulatory
Solution for OTC Derivatives Used by Companies

NEW YORK--(Business Wire)--
In an effort to aid its corporate clients as well as the Obama administration`s
plans to bring transparency to the $592 trillion over-the-counter (OTC)
derivatives market, Reval, a global provider of derivative risk management and
hedge accounting solutions, announced today its intent to serve as a trade
repository for OTC derivatives used by corporate end-users.

According to the Administration`s white paper on Financial Regulatory Reform
released on June 22, all OTC derivatives are to be recorded in a trade
repository for regulators to monitor systemic risk, gain transparency and
efficiency, control market manipulation and ensure that derivatives are sold
properly. "All" OTC derivatives include those used by companies to hedge
business exposure to fluctuating interest rates, foreign exchange rates and
commodity prices.

"Since its inception a decade ago, Reval has specialized in helping companies
value and effectively account for derivative products used to hedge business
risk," says Reval CEO and Co-founder Jiro Okochi. "We are already, in fact, a
trade repository for corporate end-users of OTC derivatives. With our ability to
book, manage risk, value and account for derivatives across all asset classes,
we have the technology and expertise today to help clients comply with whatever
may become law and to help regulators obtain the reports they will require.
Whether the idea of a trade repository takes the form of a sole repository or
multiple repositories, Reval will certainly have a role to play in assisting its
corporate clientele and the government."

According to Okochi, in order to support the objectives of the proposed reform,
a repository "should be able to book a multitude of standardized or customized
transactions and be able to report on, among other things, open positions, fair
values, total exposure by counterparty, notional volumes, and any new margin or
capital requirements."

Reval`s single-version Web-based software platform hosts over 250 clients in
North America and in Europe, Middle East, Africa (EMEA) and Asia-Pacific (APAC)
regions. Reval assists companies in complying with accounting regulations for
OTC derivatives and in obtaining pricing that is independent from bank
valuations. The Software-as-a-Service (SaaS) is also used by three out of the
Big 4 accounting firms. It is secure and SAS 70 Type II compliant, which means
its controls and processes are independently validated by a Big 4 auditor,
meeting the most stringent conditions required for certification. Such
certification meets the regulatory needs of clients who seek compliance with
Sarbanes-Oxley (SOX) provisions.

For more information please visit www.reval.com, and for more information on the
reform of OTC derivatives as it impacts corporate end users, please visit
Reval`s microsite at www.savemyswaps.com

About Reval

Reval® provides financial and accounting professionals with an award-winning
Web-based platform that supports derivative risk management and hedge
accounting. This Software-as-a-Service addresses the need for derivatives to
comply with international regulations, such as FAS 133, FAS 157, Sarbanes-Oxley,
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 Chicago, San Francisco, Toronto, London, Sydney, Hong Kong, and Gurgaon.

Reval
Public Relations
Zoe Sochor, +1-860-799-7076
zoe.sochor@reval.com
or
North America
Tracy Kantrowitz, +1-212-901-9711
tracy.kantrowitz@reval.com
or
EMEA and APAC
Brendan Nel, +44 (0) 207 868 5249
brendan.nel@reval.com

Copyright Business Wire 2009