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Case Study: Sydney Airport streamlines payments, reduces errors and future-proofs treasury with Reval
A Reval Case Study
Why Treasury Needs Automation
Sydney Airport Authority (SAA) faced rising payments volumes, more offshore debt and cross‑currency swaps, tighter hedge accounting requirements, and a looming staffing shortfall that made its legacy treasury processes unsustainable. Treasurer Christine Kelly and Treasury Manager Lynn Cheng also needed better bank connectivity, remote approval flexibility and reduced operational and security risk from outdated systems.
They built a business case and implemented a new treasury management system (cloud-enabled), linking to 21 banks and streamlining approvals. The TMS cut approvers from three to one, reduced headcount and payment processing time, lowered errors, enabled remote access, and freed staff to focus on reporting and financing.
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Sydney Airport
Lynn Cheng
Treasury Manager