Kyriba, a provider of software-as-a-service (SaaS) cash and treasury management solutions (TMS), has released Kyriba 11.1, the latest version of its treasury management offering. Delivered as a complete SaaS solution, Kyriba 11.1 is SSAE16 (formerly SAS70 Level II) compliant.
In a global context where treasury and risk management is a daily priority, Kyriba 11.1 delivers new functions that combine flexibility and speed of operation without compromising high security levels. This solution responds to the changing needs of treasury management while supporting corporate growth. This update provides corporate clients with a more effective, more proactive, faster and more secure resource than is currently available.
“In our never-ending effort to provide best-in-class solutions, and in response to valuable client input, the launch of version 11.1 has enabled Kyriba to extend its technical and technological leadership position in treasury management. Kyriba is truly the benchmark integrated solution for corporate treasuries,” said Kal Bittianda, managing director of North America for Kyriba. “We have worked exceedingly hard to offer innovative solutions that empower our clients to effectively address the growing demands of the treasury function.”
Additional functionality includes:
- New financial transaction types: interest rate derivatives (caps, floors, collars), foreign exchange (FX non-deliverable Forwards), and debt management (lease contracts).
- Bank account lookup: real-time lookup of Bank Identifier Codes (BICs) using SWIFT’s ‘BICplusIBAN’ online directory.
- Usability enhancements: colour coding within summary worksheets and dynamic dashboarding.
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