What Reval.com does

Reval is a multi-tenant SaaS-based treasury and risk management platform designed for global corporations managing cash, liquidity, payments, and complex financial instruments across multi-currency operations. Founded in 1999 and headquartered in New York, the platform provides real-time cash visibility, machine learning-powered cash forecasting, AI-driven payment fraud detection, automated bank reconciliation, and centralized payment workflows, with compliance support for IFRS and US GAAP. The product is sold as part of ION Group's ION Treasury portfolio, following ION's acquisition of Reval in October 2016, and is offered alongside related treasury products such as Wallstreet Suite, IT2, Openlink, City Financials, and Treasura. Reval integrates with leading enterprise systems including SAP and Oracle ERPs, FX trading platforms (FXall, 360T, Misys, Goldman Sachs Mosaic), and bank connectivity providers (ICD), with a market data backbone spanning 900+ curves across asset classes.

The business model is enterprise SaaS subscription, billed annually on a quote basis with no publicly disclosed price points, and sold through direct enterprise field sales supported by a 'Book a Demo' call-to-action and downloadable collateral. Implementation typically requires three to six months depending on project scope, consistent with complex enterprise deployments. Add-on modules extend the core product, including IBAM for bank account management, a machine learning module, MMF for money market fund lifecycle automation, and Treasury Anywhere for mobile access. The company targets a horizontal segment of large multinational corporates seeking to automate treasury operations, eliminate manual reconciliation, and gain real-time visibility into cash positions, and has been recognized in 2024 by Global Finance (Best Treasury Management Software), Alexander Hamilton Awards (Technology Excellence), Stevie Awards (Customer Service Department of the Year), and RiskTech100.

Name

Reval.com

Legal name

Reval

Website

https://reval.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Reval is a multi-tenant SaaS treasury and risk management platform acquired by ION Group in 2016, serving global corporations with cash visibility, ML-powered forecasting, fraud detection, and ERP-integrated payment workflows.

Ownership category

akta.pro rank

Product category

Treasury Management Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Regulatory Compliance Management (RegTech) (BPAEAPAB)

akta.pro secondary industry

GRC, Policy Management & Controls Testing (SOX/ICFR, audit management) (FSAGAFAM)

Keywords

• Treasury management software
• Cash management
• Risk management
• Liquidity management
• Hedge accounting

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription: Multi-tenant Software as a Service (SaaS) solution offered on a subscription basis. Pricing is quote-based and not publicly disclosed.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Reval is a multi-tenant SaaS platform that delivers treasury and risk management solutions to global corporations. It provides real-time cash visibility, machine learning-driven cash forecasting, automated bank reconciliation, fraud detection on payments, centralized payment processing, and multi-asset risk management with access to over 900 market data curves and ERP/bank connectivity. The offering is part of ION Treasury's portfolio and is sold on a quote-based enterprise subscription basis.

Product overview

Reval is a comprehensive SaaS-based treasury management platform that provides real-time visibility and control over treasury operations. The platform is part of ION Treasury's portfolio and includes core products (Reval, Reval TS) along with optional value-added solutions including IBAM for bank account management, ML for machine learning capabilities, MMF for money market funds, and Treasury Anywhere for mobile access. The platform integrates with leading ERP solutions (SAP, Oracle), FX trading platforms (FXall, 360T), and other treasury systems to automate GL bookings, cash positioning, forecasting, and payment processing.

Differentiator

Problem solved

Functional benefit

Products and services

• Reval A comprehensive SaaS-based treasury management platform designed for treasuries focused on growth and automation. Provides real-time visibility and control, cash forecasting, fraud detection, and multi-asset risk management with advanced analytics for global corporate treasurers.
• Reval TS Treasury solution offering from ION Treasury for treasury management and risk management, sold as a standalone product within ION Treasury's portfolio.
• IBAM (ION Bank Account Management) Web-based bank account management product with bank fee analysis that lets corporate treasury teams maintain a centralized, accurate inventory of all bank accounts and bank documentation.
• MMF (Money Market Funds) Money market funds offering enabling full automation of the trade lifecycle with real-time consolidated investment and cash reporting for corporate treasury teams managing short-term liquidity.
• Treasury Anywhere Mobile access product enabling treasury users to reach information from their ION treasury management system from any mobile device, tablet, laptop, or PC.

Quantifiable outcome

• Reduce idle cash and optimize working capital through real-time visibility
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability5 records

Feature8 records

Partnerships

Seven partnerships are on record, tiered core.

• FXallcoreTechnology or IntegrationFX trading platform integration enabling connectivity for foreign exchange operations within the Reval treasury management system
• 360TcoreTechnology or IntegrationFX trading platform integration providing connectivity to multi-bank FX trading capabilities
• SAPcoreTechnology or IntegrationEnterprise ERP integration for automated GL bookings and payment file capture for cash positioning and forecasting
• OraclecoreTechnology or IntegrationEnterprise ERP integration for automated GL bookings and payment file capture for cash positioning and forecasting
• ICDcoreTechnology or IntegrationIntegration partner providing connectivity solutions for treasury operations
• Goldman Sachs MosaiccoreTechnology or IntegrationIntegration with Goldman Sachs Mosaic platform for enhanced treasury and risk management capabilities
• MisyscoreTechnology or IntegrationLegacy trading platform integration supporting treasury operations connectivity

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• HighRadius: HighRadius offers AI-powered treasury, cash application, and finance automation solutions for mid-to-large enterprises, overlapping with Reval on cash forecasting, reconciliation, and treasury workflows from a finance-automation angle.
• Trovata: Trovata is a cloud-native treasury and cash management platform that leverages open banking APIs to automate bank connectivity, positioning itself as a modern, fast-to-deploy challenger to enterprise TMS incumbents like Reval.
• Agicap: Agicap provides SaaS cash flow forecasting and treasury management for mid-market and growing businesses, representing a fast-growing cloud-native alternative to enterprise TMS like Reval.

Broad incumbents

• Bloomberg TMS: Bloomberg's Treasury Management System targets large enterprises with integrated market data and FX capabilities, competing with Reval especially on FX risk, hedge accounting, and market-data-driven treasury workflows where Bloomberg's data franchise is a differentiator.

Direct peers

• Kyriba: Kyriba is the leading independent cloud-native treasury management system (TMS) serving large multinationals, the most direct head-to-head competitor to Reval in SaaS treasury, cash, liquidity, and risk management.
• GTreasury: GTreasury provides a SaaS treasury and risk management platform for corporate treasuries, overlapping closely with Reval on cash visibility, payments, bank connectivity, and FX/hedge accounting for mid-to-large enterprises.
• SAP Treasury Management: SAP's treasury and risk management modules are integrated into the SAP ERP suite and are a primary competitor to Reval's SAP ERP integration, particularly for SAP-centric large enterprises seeking single-vendor treasury.
• FIS Treasury and Risk Manager (Quantum): FIS (formerly SunGard) Quantum is a long-standing enterprise TMS used by large corporates and financial institutions, competing directly with Reval on cash management, FX risk, hedge accounting, and bank connectivity at the upper end of the market.
• Oracle Treasury Management: Oracle's treasury management application, integrated with Oracle ERP Cloud, competes with Reval for Oracle-centric multinational treasuries needing cash management, bank connectivity, and exposure management within the Oracle ecosystem.
• Wallstreet Suite (ION): Wallstreet Suite is ION Treasury's flagship treasury and FX risk platform, a sister product to Reval within ION Group that directly overlaps in functionality and competes for similar multinational treasury customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RevalTRM
• LinkedInlinkedin.com/company/iongroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds6 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Reval.com