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IT2 vs. Reval

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IT2
Score 9.0 out of 10
N/A
IT2 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
Score 9.0 out of 10
N/A
Reval 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
Community Pulse
IT2Reval
Considered Both Products
IT2
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Chose IT2
IT2 Addresses the below problems: 1. Cash Positioning. 2. Cash Forecasting. 3. Bank Account Maintenance. 4. FX Deals. 5. Bank Integration.
Reval
Verified User
Anonymous
Chose Reval
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.
User Ratings
IT2Reval
Likelihood to Recommend
9.0
(0 ratings)
9.0
(0 ratings)
Support Rating
-
(0 ratings)
9.0
(0 ratings)
User Testimonials
IT2Reval
Likelihood to Recommend
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.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
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.
Verified User
Anonymous
Read full review
Pros
  • FX Deals.
  • Bank Account Maintenance.
  • Cash Forecasting.
  • Cash Positioning.
  • Bank integration
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
  • 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.
Verified User
Anonymous
Read full review
Cons
  • Bank integration for payments.
  • Bank account maintenance.
  • Security features like PGP encryption.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
  • 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.
Verified User
Anonymous
Read full review
Support Rating
No answers on this topic
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.
Verified User
Anonymous
Read full review
Alternatives Considered
IT2 Addresses the below problems: 1. Cash Positioning. 2. Cash Forecasting. 3. Bank Account Maintenance. 4. FX Deals. 5. Bank Integration.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
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.
Verified User
Anonymous
Read full review
Return on Investment
  • Less effort in bank account maintenance.
  • Efficient CASH FORECASTING and Cash Positioning.
  • Optimal FX deals.
ShyamSunder Agrawal | TrustRadius Reviewer
ShyamSunder Agrawal
Sr. Business Systems Analyst
Read full review
  • 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
Verified User
Anonymous
Read full review
ScreenShots