ION Treasury
by ION Group · Treasury & Cash Management
Enterprise treasury and risk management suite spanning multiple product lines.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
SAP
Oracle- Deployment
- Cloud, On-premise
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based
- Founded
- 1999
- Headquarters
- Dublin, Ireland
Overview
ION Treasury is the treasury and risk management division of ION Group, offering a portfolio of products rather than a single system: Wallstreet Suite, Reval, IT2, ITS, Treasura and City Financials. The products range from standard, fast-to-deploy SaaS tools to advanced enterprise platforms, and span cloud and on-premise deployment.
The suite serves corporates and financial institutions of varying size and complexity. Wallstreet Suite targets the largest and most complex multi-entity organisations with real-time, cross-asset-class coverage, while Treasura is a modular SaaS solution for core domestic cash, accounting and money-market processes. Reval is a scalable cloud TMS with centralised payments, forecasting and machine-learning-based fraud detection.
ION Treasury reports more than 1,250 clients across over 30 countries. ION Group is a privately held company founded in 1999 by Andrea Pignataro, which entered treasury through acquisitions including Reval (2016), IT2, Wallstreet Systems and others.
Modules & capabilities
ION Treasury covers 28 of 59 capabilities we track in this category (+1 partial)
47%- Real-time cash positioningSupported
- Bank statement aggregationSupported
- Cash pooling & concentrationSupported
- Liquidity planningSupported
- Multi-currency, multi-entity cash reportingSupported
- Automated bank reconciliationSupported
- Intercompany / group cash visibilityNot evidenced
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Large multinational standardising treasury across many entities and asset classes on Wallstreet Suite
- Mid-market treasury deploying a modular SaaS tool (Treasura) for core cash and money-market processes
- Moving from on-premise treasury to a scalable cloud TMS (Reval)
- Managing FX, interest-rate and commodity risk with hedge accounting across a portfolio
- Running in-house banking and intercompany netting for a complex group structure
- Centralising payments with fraud detection across global banks
Strengths & considerations
Strengths
- Portfolio of distinct TMS products covering everything from fast-deploy SaaS (Treasura) to enterprise-grade systems (Wallstreet Suite)
- Among the largest treasury vendors by installed base, reporting 1,250+ clients in 30+ countries
- Deep cross-asset-class risk and instrument coverage suited to financial institutions and complex corporates
Considerations
- Capability, deployment model and roadmap vary significantly by product line, so evaluation depends heavily on which ION product is being considered
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Rate itERP integrations
Reval, one of ION Treasury's product lines, documents SAP connectivity; connectivity depth varies by product line (Reval, IT2, Wallstreet Suite).
Reval documents connectivity to Oracle among ERP and market-data sources; no marketplace listing found.
Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-11.
Pricing
Full ION Treasury pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs
Varies by product line, modules, deployment model (cloud vs on-premise), users and complexity. Get an independent shortlist with pricing guidance below.
What does ION Treasury cost?
ION Treasury prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.
11 of the 12 vendors we track in this category publish no list price at all.
Technical & security
- Hosting
- SaaS (multi-tenant)
- Languages
- English
About the vendor
- Founded
- 1999
- Headquarters
- Dublin, Ireland
- Ownership
- Private (ION Group, controlled by founder Andrea Pignataro)
Alternatives to ION Treasury in Treasury & Cash Management
ION Treasury — frequently asked questions
Is ION Treasury a single product?
No. It is a portfolio of treasury and risk products — Wallstreet Suite, Reval, IT2, ITS, Treasura and City Financials — aimed at different segments and complexity levels.
Which ION product is best for a large, complex corporate?
Wallstreet Suite is positioned for the largest and most complex multi-entity organisations with real-time, cross-asset-class needs.
Does ION Treasury offer cloud deployment?
Yes. Several products (e.g. Reval and Treasura) are SaaS, while others can be deployed on-premise or in private cloud.
Who owns ION Treasury?
It is a division of ION Group, a privately held company founded by Andrea Pignataro in 1999.
Compare ION Treasury head-to-head
The Treasury & Cash Management Buyer's Guide
Before you commit to ION Treasury, see how it sits against the 12 treasury & cash management systems we track — on capability, ERP integration depth and what each one actually charges for.
Treasury & Cash Management Buyer's Guide
12 systems compared · 2026
ERP Research
- ION Treasury compared side-by-side with 11 alternatives
- ERP integration checklist — what to verify before you shortlist
- The pricing questions that change the quote
- A ION Treasury evaluation brief, included with the guide
Treasury & Cash Management Buyer's Guide
Get pricing for ION Treasury
ION Treasury doesn't publish a price. Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what it should cost you — and which alternatives are worth quoting alongside it.