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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IT2

    Score9 out of 10
    N/AIT2 is one of the ION Group's numerous treasury management systems, this one showcasing high configurability and customizability of workflow with an emphasis on visibility and interactiveness, supporting automation for a wide variety of financial transactions and instruments and available on cloud or on-premise.N/A

    Reval

    Score9 out of 10
    N/AReval is a treasury and risk management platform allowing users to manage cash, liquidity and financial risk. Developed by the company Reval, the software and company were acquired by ION in 2016.N/A
    Pricing
    IT2Reval
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    IT2Reval
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    User Ratings
    IT2Reval
    Likelihood to Recommend
    9.0
    (1 ratings)
    9.0
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    9.0
    (1 ratings)
    User Testimonials
    IT2Reval
    Likelihood to Recommend
    Ion Group
    IT2 Addresses the below problems very well: 1. Cash Positioning.2. Cash Forecasting.3. Bank Account Maintenance.4. FX Deals. Less appropriate for 1. Integration with other transactional applications like Oracle ERP or SAP ERP.
    Incentivized
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    Ion Group
    Reval is suited to a large number of transactions across a disaggregated business. It may not be well suited where especially complex derivatives and highly stylized reporting are required.
    Incentivized
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    Pros
    Ion Group
    • FX Deals.
    • Bank Account Maintenance.
    • Cash Forecasting.
    • Cash Positioning.
    • Bank integration
    Incentivized
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    Ion Group
    • Automates liquidity management via bank account interfaces across a large number of global bank accounts
    • Enables decentralized access and management at, local, regional, and global levels
    • End-to-end tracking, reporting, accounting, and settlement of all derivative and financial trades.
    Incentivized
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    Cons
    Ion Group
    • Bank integration for payments.
    • Bank account maintenance.
    • Security features like PGP encryption.
    Incentivized
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    Ion Group
    • The user interface is not as fresh or pretty as some competitors, but is nonetheless very functional.
    • Advanced report-writing likewise is not as simple as some competitors, however once set up, reports are usually easy to modify.
    Incentivized
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    Support Rating
    Ion Group
    No answers on this topic
    Ion Group
    They are usually prompt and reliable. Occasionally, we have time difference issues as support is often offshore some local staff turnover since ION acquired Reval, but this has been managed.
    Incentivized
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    Alternatives Considered
    Ion Group
    IT2 Addresses the below problems: 1. Cash Positioning. 2. Cash Forecasting. 3. Bank Account Maintenance. 4. FX Deals. 5. Bank Integration.
    Incentivized
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    Ion Group
    GTreasury acquired Visual Risk (which was an alternative product), but we preferred Reval for processing grunt (albeit GTreasury/Visual risk had an easier user interface). Have used Sungard/Quantum previously, however, I haven't looked at it recently.
    Incentivized
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    Return on Investment
    Ion Group
    • Less effort in bank account maintenance.
    • Efficient CASH FORECASTING and Cash Positioning.
    • Optimal FX deals.
    Incentivized
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    Ion Group
    • Excellent ROI in terms of being able to scale volume and complexity without adding headcount
    • Excellent ROI in terms of automation
    • Much more timely and effective management of key financial risks facing the business
    Incentivized
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    ScreenShots