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Reval opens German office

September 9, 2009 at 5:20 pm

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Reval, a provider of derivative risk management and hedge accounting solutions, has further expanded into Central Europe by opening a German office and appointing Walter Schipper as couPARA_BREAK_SENTINEL_9f8e7d6c

Reval, a provider of derivative risk management and hedge accounting solutions, has further expanded into Central Europe by opening a German office and appointing Walter Schipper as country manager.

'The opening of Reval's German office comes at a very exciting time as Reval continues its global expansion in these very unique economic times' says Jiro Okochi, chief executive and co-founder at Reval. 'We have seen a strong demand for Reval's solutions in Germany, and this move further solidifies our ongoing commitment to the German market and increased footprint into Continental Europe.'

Schipper brings experience in building and developing business in Germany through his engagements with software and service companies such as TKS-TATA and Fernbach-Software for whom he established the German sales and support office.

Schipper joins Reval from Sungard where he held the position of sales manager focused on trading and risk management systems for financial institutions.