Bolsters Risk Management and Hedge Accounting for Strategic Treasury
Chicago – August 2, 2018 – On the heels of its market-changing acquisition of Sydney-based Visual Risk, treasury and risk management solution provider GTreasury has added U.S.-based risk expert, Peter Seward to its team of corporate treasury specialists, globally. Seward will serve the market as GTreasury’s Vice President of Market Development, Risk, working with prospective corporate treasury clients in understanding how to apply technology to better manage risk and its impact on cash.
“Peter is a rare find,” says GTreasury Chief Executive Officer Orazio Pater. “The combination of his deep knowledge and experience in bringing innovative SaaS solutions to corporate treasury’s most complex problems is great news for our customers and for the market at large. He will continue to translate the needs of the market across GTreasury’s innovation teams to help companies on their path to a more strategic treasury.”
For 10 years Seward led the product strategy at Reval, where he worked with Big 4 consultants and corporate treasurers to bring many technology firsts to market. Among these innovations were modules for new accounting standards, such as the accounting standard update to ASC 815 for hedge accounting, ASC 820 for fair value disclosure and IFRS 9, and an advanced module for Cash Flow at Risk (CFaR).
Seward’s technology expertise reaches far across the spectrum, from mobile applications to facial recognition for payments approval. As an early SaaS pioneer and advocate in treasury, Seward has shared his expertise as an author and speaker in the industry. Prior to Reval, Seward was a Sales Engineer at Principia Partners and a Senior Consultant for Integrity Treasury Solutions.
“I’m excited to be working with GTreasury – the best kept secret in the industry,” Seward says. “Its SaaS is built on the modern Microsoft Azure platform, which enables companies to grow globally without disruption and leverage the analytical power of managing cash and risk together. With its emphasis on service, its rich heritage in cash management and payments, and its ongoing integration of Visual Risk’s intuitive and visual risk management and hedge accounting capabilities, GTreasury’s SaaS solution is a win for corporate treasurers, globally.”
GTreasury acquired Visual Risk in April 2018 to bring an integrated treasury and risk management solution to corporate treasurers across North America, EMEA and Asia Pacific. For more information about GTreasury, visit www.GTreasury.com or email marketing@GTreasury.com.
GTreasury is the leading innovator of integrated SaaS treasury and risk management solutions for the digital treasurer. Developed using the latest technology, GTreasury helps empower organizations on their path to strategic treasury, by enabling total visibility into their cash, liquidity, payments and financial risk management. With enterprise clients spanning North America, EMEA and APAC, GTreasury is headquartered in Chicago with offices in London, Sydney and Manila.