you can do noise reduction in resolve lite as well.
you just make a layer nod, and desaturate one layer completly and remove y(yrgb) on the other. Then layer mixer->composite mode->add. Now you divided colors and shapes..kinda. Then you go on the layer that you removed Y from and blur it a bit. This is what denoisers basicaly do as well as far as I know. It takes 30 sec and works great, I use it all the time with great results. Also for sharpening(I just sharpen the desaturated layer) it creates a bit of a film look and it does not add any color artifacts. These are probably my favorite features of resolve.