Press release: Samuel selects ION’s Reval for global treasury and risk management
Published: Oct 2023
19th October 2023 – ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, has successfully implemented its Reval solution for Samuel, Son & Co., Limited (Samuel), a leading metals distributor, and industrial products manufacturer.
With finance teams facing increased uncertainties, and liquidity risks, Samuel selected Reval to support the company’s continued expansion, its need for global cash visibility, and to optimize funding and liquidity decisions. Reval is an end-to-end SaaS treasury management solution providing enterprise risk management, cash forecasting and positioning, payments, and bank management modules. Powered by out-of-the-box market data, a modern user interface, standard integration capabilities, data-driven machine learning, and artificial intelligence, Reval equips corporations to increase the efficiency of their treasury operations, make data-driven decisions, and integrate across the finance function.
“In today’s unpredictable macroeconomic climate, Reval was the right choice to support our treasury needs due to its comprehensive range of integrated capabilities across all treasury disciplines,” said Elaine Wright, Vice President and Treasurer at Samuel, Son & Co., Limited. “The Reval implementation project ran smoothly from start to finish. ION’s dedicated internal project management team, comprising subject matter experts with solid expertise, closely collaborated with my team during months of hard work. The project was managed exceptionally well, resulting in a successful, within budget, timely implementation. We look forward to continuing and deepening the ION partnership as our business expands.”
“We’re delighted to support Samuel in their growth strategy and to add another Reval client to the growing ION Treasury community,” said Richard Grossi, Chief Executive Officer, ION Corporates. “Reval, a highly scalable and innovative solution, will facilitate Samuel in managing their cash and treasury risks while materially increasing their operational efficiency and accuracy in an increasingly complex and volatile business environment.”
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