FXpress and Kyriba Partner for Best-of-Breed Treasury Offering
FXpress and Kyriba have partnered to meet the rising demand for transparency and risk management across cash and treasury operations. With this joint solution, financial managers of domestic and multinational organisations will achieve enterprise-wide visibility on their cash flows and facilitate a consolidated view of exposures to implement more effective risk management strategies complying with Sarbanes-Oxley, IAS39, FAS 133 and FAS 157 rules and standards.
Kyriba’s SaaS platform allows for simple and efficient integration with the FXpress system. “In today’s fast-moving financial landscape, companies need solutions that can be implemented and utilised quickly and cost effectively to achieve cash visibility. Our SaaS deployment model guarantees a high level of automation and enables structured workflows impacting operational efficiencies, security and control. The alliance with FXpress greatly expands these capabilities to include front, middle and back office activities associated with hedging, risk management, and accounting, thereby completing the circle for corporate treasury,” said Jean-Luc Robert, CEO of Kyriba.