Select
Category

Service Co.
registration

Signup/Login
ARZEGA

Tool set

Category

ION Investment Group to Acquire Reval

What’s the future of treasury management systems?

Yesterday it was announced that Reval entered into a definitive agreement to be acquired by ION Investment Group. Reval is a global provider of cloud-based treasury management systems (TMS).

“I’m excited for what the future holds as we continue to provide innovative automation solutions for companies that are looking to transform the way they manage treasury and risk,” said CEO of Reval Jiro Okochi. Reval, founded in 1999, was set about to provide a software-as-a-service (SAAS) product to the relateively underserved market for enterprise treasury and risk management.

“ION’s acquisition of Reval further consolidates the (already asphyxiated) TMS market. “Traditional” TMS suites (i.e., those that cater for basic cash management, liquidity, payments) are doomed to see their market shrink even further,” says Aite Group senior analyst Enrico Camerinelli.

“Since ION is adding Reval to its treasury management systems (TMS) portfolio, ION’s TMS portfolio will have two separate lines of business. The first line includes Reval, IT2, City Financials, and Treasura. The second line has Wall Street Systems as a separate product suite. Reval’s CEO will be overseeing the entire first line of business. However, the products will not be integrated and will remain as separate components in the portfolio. Still to be decided is how to arrange sales, marketing, R&D, maintenance, and services.

“Thus far, ION has proven to be opaque about how they manage their TMS business to analysts.

“ION communicates poorly and this does not help to make an informed opinion about their strategy.

I expect that the CEO of Reval, Jiro, in his new role will ensure that ION becomes more transparent and proactive about getting information out to the marketplace,” said Camerinelli.

VIDEO: As part of the Global Finance Magazine, Expert Perspectives Video Series, Jiro Okochi, CEO of Reval, discusses the evolving role of treasurers and the ways they are using next generation treasury technology to not only keep up with these changes but to continually innovate within their organizations.

arzega

Select whether you need business services or want to register your own business service company.

Register
factory

Services

arzega

The First and Largest International Terminal for Trade & Services

Buy and sell goods, raw materials, and services worldwide with ease.

Attention Traders, Manufacturers, Producers, Suppliers, and Wholesale Buyers!

The International Online Trading Terminal now extends its services to the Islamic Republic of Iran, facilitating global market access for Iranian businesses.

🎉 Free User Panel & License – Limited-Time Opening Offer! 🎉

Exclusive free access to business users in Iran until March 15, 2025 (Equivalent to Esfand 25, 1403).

💰 Membership Fee Post-Offer: €2500 for All Countries