Case Study: Prudential Corporation Asia achieves more than 25% cash release and automated pan-Asian liquidity management with ION (Reval SaaS)

Prudential’s move to cloud-based treasury generates handsome returns

Prudential Corporation Asia, the Hong Kong‑headquartered life insurance and asset management arm of Prudential plc, faced a decentralised, Excel‑based treasury across more than ten Asian countries and 30 business units that could not manage cash, liquidity or counterparty risk in a timely or scalable way. To address this, Prudential moved from spreadsheets to a SaaS treasury solution using Reval, an ION Treasury solution, for cash and counterparty risk management.

ION implemented the cloud‑based Reval platform to standardise workflows, controls and audit trails, provide SWIFT connectivity, enable liquidity pooling and automated cash sweeping, and give regional oversight while business units manage daily cash. The change released more than 25% of cash to higher‑yielding investments, delivered automated pan‑Asian cash visibility and counterparty limit monitoring, improved forecasting and segregation of duties, and upskilled treasury teams—boosting returns, reporting and control across the organisation.

Prudential Corporation Asia

Richard Shaw

Director of Treasury