Reval, a global provider of cloud-based solutions for treasury and risk management, announced today that it has entered into a definitive agreement to be acquired by ION Investment Group.
Andrea Pignataro, ION's CEO and Founder, said, "The acquisition of Reval substantially increases our footprint in treasury cloud services and enriches our product portfolio with leading functionality in risk and hedge accounting. We will also be able to leverage Reval's strong Sales, Marketing and Customer Success teams across the product portfolio under Jiro's leadership."
"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," says Reval CEO and Co-founder Jiro Okochi.
ION provides mission-critical trading and workflow automation software solutions to financial institutions, central banks, governments and corporates.
Reval is a global SaaS provider for Treasury and Risk Management, helping enterprises better manage cash, liquidity and financial risk, and account for and report on complex financial instruments and hedging activities.