Insurance Australia Group (IAG) has selected treasury and risk management (TRM) solution provider Reval to streamline its treasury, risk management and hedge accounting compliance.
Reval will replace IAG’s legacy treasury system and manual processes, allowing the company to improve automation and optimise treasury and accounting workflows, risk management, hedge accounting compliance and reporting.
“Selecting Reval’s proven treasury and risk management solution provides us with immediate functionality enhancements and significant scope for future services as we transition from our legacy system to the Reval platform,” said Mark Gold, deputy group treasurer of IAG.
“We believe we have the right tools and strategic partner in place to move forward with confidence as we continue to build best practices in our group treasury unit.”
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