List of ION City Financials Customers
London, EC4R 1BE,
United Kingdom
Since 2010, our global team of researchers has been studying ION City Financials customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased ION City Financials for Treasury Management from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using ION City Financials for Treasury Management include: Rio Tinto, a United Kingdom based Oil, Gas and Chemicals organisation with 60000 employees and revenues of $53.66 billion, Vodafone Group, a United Kingdom based Communications organisation with 88780 employees and revenues of $43.89 billion, Salesforce, a United States based Professional Services organisation with 83334 employees and revenues of $41.53 billion, Imperial Brands, a United Kingdom based Consumer Packaged Goods organisation with 25200 employees and revenues of $40.80 billion, Emerson (inc. Aspen), a United States based Professional Services organisation with 71000 employees and revenues of $18.02 billion and many others.
Contact us if you need a completed and verified list of companies using ION City Financials, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the TRM software purchases.
The ION City Financials customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of TRM software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Anglian Water Group | Utilities | 5295 | $1.9B | United Kingdom | ION Investment Group | ION City Financials | Treasury Management | 2020 | n/a |
In 2020, Anglian Water Group implemented ION City Financials as a strategic treasury platform. The deployment targeted treasury and finance operations at the regulated water recycling company that serves more than six million customers in the east of England and Hartlepool.
The ION City Financials implementation was positioned as the organization wide Treasury Management system, configured to support cash management and cash forecasting workflows, payments processing, bank connectivity orchestration, treasury accounting, and policy driven controls. Configuration emphasized centralized cash positioning, automated reconciliation, and liquidity planning capabilities aligned with standard treasury functional modules.
Deployment architecture was organized to leverage product synergies across the ION Treasury suite, aligning data models and configuration standards to reduce operational friction between treasury functions. Governance changes included centralized treasury ownership, formalized workflows for cash operations, and a staged rollout across corporate treasury and central finance teams, with Anglian Water Group articulating a clear expectation that ION City Financials will continue to deliver value through market changes.
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Aurecon | Professional Services | 7172 | $804M | Australia | ION Investment Group | ION City Financials | Treasury Management | 2017 | n/a |
In 2017, Aurecon implemented ION City Financials as its Treasury Management solution. The deployment established a hosted Treasury Management System to centralize group cash flow reporting and treasury operations for the professional services firm that operates across eleven countries.
The ION City Financials configuration focused on cash flow reporting, treasury and hedge accounting, cash forecasting and risk management capabilities. Functional capabilities included cash positioning, bank connectivity and payment processing workflows, with hedge accounting and shareholder finance accounting configured to support management of debt facilities and dividend reporting. Cash systemisation using a three way model in Adaptive Insights was integrated into forecasting and reporting alongside the TMS.
Integrations linked ION City Financials to Bloomberg market data and FX Go for rates and FX execution, and to Workday Financials for straight through processing of payments. The architecture was a hosted TMS with market rates feeds and payment STP interfaces to transaction banks, with transaction bank changes coordinated across APAC as part of the program.
Operational ownership sat with the Group Treasurer and a small treasury team, reflecting governance over group cash forecasting, treasury and hedge accounting, bank relationship management and compliance for debt facilities. Treasury leadership included coordination of Workday Financials integration, facility compliance and reporting, staff performance oversight and function expense budget accountability.
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Boots UK Ltd | Retail | 51000 | $7.6B | United Kingdom | ION Investment Group | ION City Financials | Treasury Management | 2016 | n/a |
In 2016, Boots UK Ltd implemented ION City Financials as its Treasury Management platform to centralize and standardize corporate treasury operations. The deployment was positioned to support treasury dealing, cash management and payments orchestration across Boots UK while aligning operationally with the Walgreens Boots Alliance Global Treasury team based in London.
The ION City Financials configuration focused on core modules for cash and liquidity management, dealing and investment processing, intercompany netting and high-value payment handling, along with treasury reporting and reconciliation capabilities. Implementation work included detailed system set-up for payment templates, dealing access controls and segregation of duties, and configuration of operational workflows to support daily middle-office activities such as netting confirmations and payment checks.
Integrations were implemented with electronic banking channels and market systems referenced in the program, including HSBCNet, CashPro and Bankline for bank connectivity, and connectivity points to treasury ecosystem applications such as Misys, 360T and TM1 for trading, market access and financial planning interoperability. Those integration points supported straight-through processing of payments and market transactions and fed treasury reporting and limit monitoring processes.
Governance and process redesign accompanied the technical rollout, with a framework of controls and policies created to support SOX compliance, board-level treasury policy approval and subsidiary-level treasury operations standards. The program included a treasury controls assessment that identified and corrected control gaps, establishment of weekly monitoring for counterparty limits and exposures, coordination with Global Financial Controllers and audit for testing and review, and operational readiness for regulatory reporting activities such as EMIR, FATCA and KYC.
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Brambles | Distribution | 12058 | $6.8B | Australia | ION Investment Group | ION City Financials | Treasury Management | 2014 | n/a |
In 2014, Brambles deployed ION City Financials from ION Investment Group for Treasury Management. The deployment was centered at Brambles HQ and supported treasury and corporate accounting responsibilities across the EMEA and Americas regions, delivering month end reporting for 12 financing and corporate entities and handling transactional execution tied to treasury operations.
ION City Financials was configured to support transactional execution in the accounting and treasury ERP, management of intercompany positions, and production of intergroup loan schedules. Configuration and operational use included calculation of interest on intercompany loans and deposits using a cost of funding plus margin model, support for technical accounting around significant group capital transactions such as disposals, joint venture formation, inter-group asset sales, and the processing of dividends and profit distributions.
Operational activity tied ION City Financials to underlying ledger systems including SAP by Design and Wallstreet City Financials, with month end figures submitted into the consolidation tool Hyperion. The solution functioned alongside those ledgers to coordinate transactional level work, consolidate reporting inputs, and enable reconciliation workflows between treasury, regional accounting teams, and consolidation owners.
Governance and process ownership rested with the Treasury and Corporate Accounting Manager at Brambles HQ, who executed transactions in the accounting and treasury environment, managed approximately 100 intercompany positions across EMEA, addressed group wide queries, and liaised with tax and legal teams. The role also covered accounting input to multiple group level debt restructuring projects, including calculation of final settlement figures and coordination with treasury operations to ensure legal documentation supported required facility limits.
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Electricity North West | Utilities | 1700 | $631M | United Kingdom | ION Investment Group | ION City Financials | Treasury Management | 2008 | n/a |
In 2008 Electricity North West implemented ION City Financials as part of a Treasury Management deployment. The implementation joined a wave of new clients adopting the ION City Financials eTC treasury platform, which City Financials offered both as on-premises installation and as hosted ASP services in its datacentres.
Configuration centered on core treasury capabilities typical of the Treasury Management category, including consolidated global cash position reporting, regulatory accounting controls, and web-based subsidiary access for multi-entity cash visibility. The ION City Financials installation emphasized web deployment and browser-based access to support treasury teams and subsidiary users.
Operational scope covered Electricity North West's corporate treasury in the United Kingdom, aligning with the vendor pattern of supporting treasuries based in the UK, Switzerland, Austria and Hong Kong with subsidiary access spanning the globe. The vendor positioned hosted ASP delivery as an option to control capital expenditure, and many new clients in the rollout window elected that route.
Governance and rollout emphasized secure hosting and centralized treasury workflows, with City Financials highlighting regulatory accounting features that were reported as well received by treasury system users. The vendor also indicated plans to expand support capacity internationally, including an intended office opening in Chicago by the end of 2008.
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Professional Services | 71000 | $18.0B | United States | ION Investment Group | ION City Financials | Treasury Management | 2017 | n/a |
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Manufacturing | 1410 | $193M | Belgium | ION Investment Group | ION City Financials | Treasury Management | 2013 | n/a |
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Manufacturing | 12000 | $3.2B | United Kingdom | ION Investment Group | ION City Financials | Treasury Management | 2019 | n/a |
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Consumer Packaged Goods | 25200 | $40.8B | United Kingdom | ION Investment Group | ION City Financials | Treasury Management | 2018 | n/a |
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Automotive | 17588 | $12.0B | United Kingdom | ION Investment Group | ION City Financials | Treasury Management | 2016 | n/a |
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Buyer Intent: Companies Evaluating ION City Financials
- American Express, a United States based Banking and Financial Services organization with 75100 Employees
- Champion InfoMetrics, a Champions Group Company, a India based Professional Services company with 400 Employees
Discover Software Buyers actively Evaluating Enterprise Applications
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated |
|---|---|---|---|---|---|---|
| American Express | Banking and Financial Services | 75100 | $65.9B | United States | 2025-10-24 | |
| Champion InfoMetrics, a Champions Group Company | Professional Services | 400 | $50M | India | 2025-01-23 |