Kyriba Recognized by Global Finance Magazine’s Annual FX Tech Awards for Best TMS Provider with FX Module, Best Solution for FX Cash-Flow Hedging
SAN DIEGO–(BUSINESS WIRE)–Kyriba Corp. (“the Company”), a global leader in cloud-based financial and IT solutions, has been recognized for its FX Risk Management solution as “Best TMS Provider with FX Module” and “Best Solution for FX Cash-Flow Hedging” in the Gordon W. Platt 2022 Foreign Exchange Awards from Global Finance Magazine. As the “leading voice for modern finance,” the awards program honors companies that create new ideas and execute flawlessly when designing or deploying technology to enhance foreign exchange. Kyriba is one of the few high profile winners to have won more than one FX award, alongside Citi, Finastra and Sberbank.
“Kyriba is honored by Global Finance’s annual FX Tech Awards,” said Wolfgang Koester, Kyriba’s chief evangelist. “CFOs are exposed to increased market volatility and need currency risk management solutions that automate data collection workflows to ensure risk analysis is based on complete and accurate exposure data in real time. Combined with Kyriba’s industry-leading TMS solution that enables advanced cash forecasting and connectivity, CFOs and risk managers can now automate their FX risk management programs and increase the precision and predictability of their FX risk reduction targets in real time.”
Kyriba was recognized for the following Global Finance Annual FX Tech Awards:
Best TMS Provider With FX Module – Highlighting FX Management Within TMS Systems Best Solution For FX Cash-Flow Hedging – Highlighting AI Tools That Drive Optimal Hedging
Kyriba and other winners were selected by Global Finance’s regional experts, who considered submissions from banks and technology providers and used their own research and knowledge to create shortlists across all regions and categories. The winners of the 2022 FX Tech Award were identified through a custom algorithm, including FX transaction volume, market share, global coverage, customer service, competitive pricing and innovative technologies.
For more information on Kyriba’s FX Risk Management solutions, visit Kyriba.com; To read about Global Finance’s Gordon W. Platt Foreign Exchange Awards 2022, visit Global Finance Magazine.
About Kyriba Corp.:
Kyriba empowers CFOs, Treasurers and their IT counterparts to transform treasury, payments, working capital and connectivity solutions to activate liquidity as a dynamic, real-time vehicle for growth and value creation. Kyriba is a secure, scalable SaaS platform that leverages artificial intelligence, automates payment workflows, and empowers thousands of multinational companies and banks to maximize growth, protect against fraud loss and financial risk, and reduce operational costs. With 2,000 customers worldwide, including 25% of Fortune 500 and Eurostoxx 50 companies, Kyriba manages more than 1.3 billion banking transactions per year and 250 million payments for a total value of $15 trillion per year.
Kyriba is headquartered in San Diego, with offices in Dubai, Frankfurt, London, Minsk, Paris, Shanghai, Singapore, Tokyo, Warsaw and other key locations. For more information, visit www.kyriba.com.
About Global Finance Magazine:
Founded in 1987, Global Finance Magazine has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational corporations and financial institutions. Her website — GFmag.com — offers analysis and articles that are the heritage of 33 years of experience in international financial markets. Global Finance is headquartered in New York and has offices around the world. Global Finance regularly selects the top performers among banks and other financial service providers. These awards have become a trusted standard of excellence for the global financial community.