Kyriba honoured as best-in-class treasury management vendor

KUALA LUMPUR, Oct 11 -- Kyriba has been recognised as the best-in-class vendor by Aite Group, in a report titled ‘Aite Matrix Evaluation: Corporate Treasury Management Systems’ Readiness’.

The global research and advisory firm, Aite Group determined Kyriba significantly outperformed its competitors in a number of important criteria.

Kyriba scored 96 per cent in vendor stability based on its long-lasting relationships, global presence and experienced leadership team and robust workforce.

For client strength and service, Kyriba received 100 per cent and 95 per cent scores, respectively, affirming its positive reputation across multiple geographies and various industry segments.

Kyriba was also cited for its readiness to deliver on the needs for the corporate treasurer, including artificial intelligence, APIs and integrated supply chain finance.

This ranking also evaluated fundamental treasury management features of cash and liquidity management, cash forecasting, risk management, payments, investments, funds trading, and debt and equity deal management.

The report uses Aite Group’s Aite Matrix, a proprietary vendor assessment framework to evaluate competitive positions across vendors. It helps corporate executives make more informed decisions as they evaluate new technology partners.

-- BERNAMA