ION Trading Strengths, Domain Expertise, and Key Differentiators
In February 2020, ION, the largest global provider of trading, analytics, and risk management solutions for capital markets, commodities, and treasury management, announced the launch of the industry’s first-ever cash forecasting solution powered by machine learning. Machine learning has the potential to revolutionize the treasury industry by providing vital strategic insights on an organization’s cash management and forecasting. Cash forecasting is only one aspect of the machine learning program at ION. Solutions currently in development will dramatically reduce the implementation costs and time-to-market of a treasury management system (TMS) and increase accuracy and performance in other important areas.
ION offers its seven unique treasury and risk management (TRM) solutions, from core to enterprise including IT2, City Financials, ITS, OpenLink, Reval, Treasura and Wallstreet Suite to 1,100 clients in hundreds of countries.
ION Commodities accelerates the success of 1,200 energy and commodities clients with a data driven approach and powerful, energy and commodities (ETRM and CTRM) trading and risk management solutions including Allegro, Aspect, OpenLink, RightAngle and TriplePoint.
ION Analytics (Acuris, Dealogic, and Selerity) helps companies find advantage in a world of information overload and fragmented systems.
ION workflow automation is used by over 45,000 users at more than 1,500 firms around the world. ION Markets provides technology and data solutions to financial institutions that deal in equities, fixed income, foreign exchange, cleared derivatives and secured funding.
ION Trading Recent Developments
In April 2019, ION acquired Allegro Development Corporation, a global provider of enterprise commodity management solutions. The acquisition of Allegro Development Corporation expands its footprint in commodities and its portfolio of enterprise solutions.
ION Trading Mergers and Acquisitions (M&A) Activities
In November 2019, Ion has extended an acquisition spree with a deal to buy currency software supplier MarketFactory. MarketFactory, which was founded in 2008 by two former ICAP employees, supplies tools that allows dealers and brokers to connect directly to dozens of separate marketplaces in the $6.6tn-a-day foreign exchange market. Over the last two decades Ion’s founder, former bond trader Andrea Pignataro, has established the group as a key supplier of technology that spans trade processing and risk management. Its aggressive acquisition strategy has in recent years seen it spend more than £3bn to take control of data provider Fidessa, news service Mergermarket and a majority stake in Dealogic.
In April 2018, ION acquired UK rival Fidessa in a deal worth £1.5bn, with the British trading technology group accepting a higher offer and switching its recommendation from a bid by Switzerland’s Temenos.
ION Trading Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ION Trading applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of ION Trading and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified IT2, City Financials, ITS, OpenLink, Reval, Treasura, Wallstreet Suite , Allegro, Aspect, RightAngle, TriplePoint, Acuris, Dealogic, and Selerity customers.
ION Trading Overview
Ownership: - x
Number of Employees: 1600
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
ION Trading Key Enterprise and Cloud Applications
IT2, City Financials, ITS, OpenLink, Reval, Treasura, Wallstreet Suite , Allegro, Aspect, RightAngle, TriplePoint, Acuris, Dealogic, and Selerity
ION Trading Revenues, $M:
|Type/Year||2018||2019||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ION Trading Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
ION Trading Enterprise Applications Revenues By Functional Markets, $M:
ION Trading Enterprise Applications Revenues By Verticals, $M:
ION Trading Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
ION Trading Direct vs Indirect sales
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ION Trading Customers - Breakdown by Geo, Size, Vertical and Product
No. of ION Trading Customers: 1500
No. of ION Trading Enterprise Applications Customers: 1500
No. of ION Trading Cloud Customers: 1000
No. of ION Trading Cloud Subscribers: 45000
ION Treasury is being used by over 1,100 companeis around the world, while ION Commodities accelerates the success of 1,200 energy and commodities clients. ION workflow automation is used by over 45,000 users at more than 1,500 firms
ION Trading Market Opportunities, M&A and Geo Expansions
In March 2018, ION Investment Group acquired Openlink Financial, a global provider of trading and risk management solutions. Openlink provides complementary solutions that further expand ION’s footprint across energy companies, financial services institutions, and commodities-intensive corporates. Clients will benefit from ION’s additional scale and reach, with global capabilities that enhance Openlink’s existing offerings and expertise, and advance Openlink’s product and delivery excellence. Earlier, in 2016 ION Acquired Reval, a global provider of cloud-based solutions for treasury and risk management.
ION Trading Risks and Challenges
ION remains a holding company showing little signs of creating a common technology framework for all of its software assets and that could prevent some of these products from migrating to the Cloud, let alone capitalizing on the economy of scale that Cloud Computing presents to the vendor and its customers. Ion’s appetite for acquisitions has raised concerns among some investors over the level of its debts.
ION Trading Ecosystem, Partners, Resellers and SI
Over the past few years, ION has been building out an ecosystem made up of fully-integrated third-party ISVs to provide the most widely-used treasury applications, out-of-the-box. This ecosystem is focused on providing clients an STP experience that integrates all elements of their treasury workflow into an integrated experience.
In July 2018, Aspect Enterprise Solutions, a division of ION, and SINGA Associates made a strategic partnership, further expanding Aspect’s ETRM and CTRM expertise and reach in global energy and metals trading markets.
ION Trading Cloud Infrastructure Insights
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- ION Trading Public Cloud and Infrastructure (IaaS)
- ION Trading Platform (PaaS)
- ION Trading Application Delivery
- ION Trading Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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