Reval, a provider of derivative risk management and hedge accounting solutions and services, has announced the opening of its Hong Kong office, and the appointment of Will Marsden as sales director, Asia. He will be based in Hong Kong.

With 15 years experience in sales and sales management, Marsden joins Reval from Mergermarket, a global mergers and acquisitions intelligence service within the Financial Times Group. Marsden was responsible for setting up, recruiting, and leading the sales team for the launch of the Asia Pacific data-set and for growing the business in the region.

Reval’s products and services help companies implement better approaches to effectiveness testing under stringent accounting rules such as FAS 133, IAS 39, IFRS 7, FAS 157, and FAS 161, providing better control of operational risk, and helping to avoid financial restatements and other regulatory pitfalls.