Kyriba’s Enhanced Risk Management Features Offer Full Cash, Treasury, and Risk Management Solution

FOR IMMEDIATE RELEASE
New York, New York, United States of America (Free-Press-Release.com) November 11, 2011 -- Predicting and optimizing financials risks is intricate to the success of treasurers and finance directors. Kyriba provides a reliable, secure and integrated approach for risk management

The Treasury function has evolved considerably during the past few years and Kyriba made sure to deliver more sophisticated tools to manage exposures and risks. Kyriba clients can rely on the platform for cash, treasury, and risk management instead of having to maintain multiple systems for some of their needs.

Kyriba 11.1 Highlights:

■Expanded Mark-to-Market functions for all financial instruments
■Increased support for Scenario Testing and Sensitivity Analysis, including yield curve modification
■Added Hedge Effectiveness Module for prospective and retrospective effectiveness testing

Kyriba clients enjoy a wealth of Risk Management features and benefits including:
 Financial Risk Management:

 Mark-to-Market valuations – Kyriba users can compute the independent market value of all financial instruments tracked in the system. Valuations are calculated based on the Kyriba Market Data Service (included with the system) or from source data imported from external providers.
 FX Exposure Management – Kyriba’s FX Position Worksheet allows users to analyze compliance with internal hedging policies driven by sophisticated tracking of currency exposures and FX transactions. Exposures can be imported from the ERP and/or other internal systems.

 Sensitivity Analysis – Kyriba supports modification of currency and interest rate curves so that users can analyze the sensitivity of different FX and Interest Rate projections, including parallel and variable yield curve shifts. Multiple scenarios can be applied allowing many valuations to be analyzed per financial transaction.
 Hedge Effectiveness Testing – Kyriba added Prospective and Retrospective Hedge Effectiveness Testing as part of a new module focused on helping clients comply with Hedge Accounting standards in the US and globally. Users have flexibility in testing methods and hedge documentation to meet their auditors’ requirements.
 Counterparty Risk Management:

 Counterparty exposure reporting – Kyriba clients can also manage their overall financial relationships with banks and counterparties by tracking all transactions, including trades, credit availability, and bank activity. Treasuries can report on exposures, deals, and activity by counterparty or compare across all counterparties.
 Deal Limit monitoring and enforcement – Kyriba offers full counterparty and internal limit management for all financial transactions. Users can structure limits by counterparty, by deal type, by rating, and other criteria to ensure that internal trading policies are effectively managed. Limits can either prevent deals from being completed or serve as a warning.

About Kyriba Corporation

Kyriba, the global leader in treasury automation, offers a best-in-class, cloud-based solution that delivers optimized decision-making, minimized risks, enhanced control and compliance and increased operational productivity. Organizations use the award-winning, online solution to automate and better control all their daily liquidity management activities. Kyriba’s on-demand model enables clients to minimize or eliminate the use of spreadsheets and bank portals. The solution meets stringent Sarbanes-Oxley 404 audit trail, workflow, and control requirements while providing seamless connectivity with a multitude of banks worldwide and straightforward integration with 3rd party financial applications.
Founded in 2000 and headquartered in San Diego, Kyriba has operational and support centers in New York, Paris, Milan, Minsk, Rio de Janeiro, Hong Kong and Chongqing, serving a global base of 15,000+ subscribers across more than 500 clients. Our unique expertise and leadership is based on more than 200 passionate Kyriba employees. www.kyriba.com


Contact Information:

Bob Stark, VP Marketing Strategy
605-565-1419
bstark@kyriba.com

cash management     liquidity management     treasury automation     treasury automation solutions     Treasury Management     Treasury Management System