Although the market is consolidating with ION’s takeover of Reval, TMS suppliers worldwide are enhancing their systems and signing up customers. Over the last few months examples have included:

TreasuryXpress’s revolutionary App store with a self-service implementation, see here. 

Banks and TMS providers are getting together:

• Reval’s cloud – based ecosystem brings “Corporates, partners, and banks together to connect, collaborate, and co-create value.” and has many bank members
• BELLIN has announced a new sales partnership with Bank Austria 

TMS systems are becoming much more central to company’s operation:

• Spotify, the Swedish-born music service - which is available in 60 markets across the globe with 40 million paying subscribers -uses Kyriba’s core cash, payments and financial transactions functionality to enhance its centralized treasury operations.
• Hasbro uses the Reval Cloud Platform to connect its global operations for treasury and risk management, leveraging straight-through processing to Reval's partner offerings. They use Fides, FXall, Thomson Reuters’ market data and SAP, all without leaving the system.
• Etihad Airways uses OpenLink for commodities, treasury and enterprise risk management

TMS providers are reporting significant growth:

• Kyriba announced today its year over year revenue growth was 30 percent for the first two quarters of 2016 when they signed 96 new clients globally. (Additionally, new clients fully implemented in this period exceeded 140, which is the highest number of client go lives in two consecutive quarters for Kyriba)
• Visual Risk have had good growth in Europe and are expanding their team.

TMS providers continue to develop partnerships with key providers:

• BELLIN has partnered with Accuity for compliance screening for Treasury
• BELLIN partners with 360T to Support Their Integrated and State-of- the-Art Confirmation Matching Service 

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CTMfile take: As we wrote on the takeover of Reval, “One thing is clear, there is an expanding market for quality TMS solutions that combine easy to use functionality with good consultanc