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.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.