Case Study: CLP Holdings Ltd achieves better risk management with ION Treasury Reval

CLP Moves to the Cloud to Manage Risk

CLP Holdings Ltd, a major investor-owned power business in Asia Pacific, faced the challenge of managing its treasury and risk operations with disparate systems and manual processes. They needed an integrated platform to gain real-time visibility, improve controls, ensure regulatory compliance, and scale with their business across Hong Kong and international operations. To address this, they selected the Reval solution from vendor ION Treasury.

The cloud-based solution from ION Treasury automated CLP's treasury, risk management, and cash operations. This implementation provided measurable results including higher risk visibility, greater automation, increased accuracy, and seamless integration. As an early adopter, CLP achieved real-time data visibility and was one of the first companies in the region to adopt the IFRS 9 standard early. The success in Hong Kong led CLP to deploy the same ION Treasury solution to its regional business units in India.

CLP Holdings Ltd

Francis Ho

Senior Director, Group Treasury & Project Finance