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News Archive 2008 
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San Diego, CA – December 17th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, is pleased to announce that Financial-i Magazine has awarded Kyriba its Leaders in Innovation Award for “Most Innovative Cash Forecasting Solution” for the second consecutive year.
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San Diego, CA – December 9th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, announced today that The New York Times Company, Ingram Industries and J.M. Huber have selected Kyriba’s real-time, on-demand cash and treasury management solution for their global treasury management needs.
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Paris, November 6th, 2008 - Global Closure Systems (GCS), one of the world's leading providers of closure solutions for the FMCG packaging market, and Kyriba, the leader of web-based cash and treasury management solutions, are pleased to announce that GCS has implemented the Kyriba solution to manage its bank communication, cash management and GL posting. |
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San Diego, CA – October 23, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, announced today that it is opening a new office in Hong Kong. The office is located at Two Pacific Place, Suite, 2414, 88 Queensway, Hong Kong. |
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San Diego, CA – October 20, 2008 - Kyriba Corporation, the worldwide leader of web-based cash and treasury management solutions, announced today that it has gone live with SWIFT Connectivity for corporates via its partnership with BRED Banque, a SWIFT Member-Concentrator. |
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San Diego, CA – August 28, 2008 - Kyriba Corporation, the leader in Software-as-a-Service cash and treasury management solutions, is delighted to announce that American Water Works Company, The CSL Group, Erickson Retirement Communities, Mid-Carolina Cooperative, Inc. and Reynolds American have selected Kyriba’s real-time, on-demand cash and treasury management solution for their global treasury management needs.
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San Diego, CA – August 20, 2008 - Kyriba Corporation, the worldwide leader in Software-as-a-Service cash and treasury management solutions, is projecting higher than expected market growth of ASP solutions despite the fact that many organizations have decreased their IT spending attributed to the current credit crisis. As companies are challenged with doing more work with fewer resources the need for automation solutions is intensifying. ASP (“Application Solution Provider”) solutions are those hosted by the vendor and thereby do not require purchasing hardware, licensing software, or managing IT personnel to maintain the systems. Furthermore, when a solution is distributed via the Software-as-a Service (“SaaS”) model, the fees are incurred as a monthly subscription based on usage and are not included in the IT budget. These two key aspects of ASP solutions significantly increase the initial affordability of the solutions and total cost of ownership.
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San Diego, CA – July 8th, 2008 - Kyriba Corporation, the leader in Software-as-a-Service cash and treasury management solutions, announced today that it has signed 40 new clients so far in 2008. Kyriba now has over 170 clients who are benefiting from the efficiencies and controls offered by the Kyriba solution. |
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Kyriba boosted by $7 million funding round
US based cash and treasury management vendor, Kyriba, has raised $7 million in a new round of funding. $3 million of the additional funding came from the software company's existing shareholders, Bred Banque Populaire and GRP Partners, with the remaining $4 million coming from a new investor, Coface.
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San Diego, CA June 25, 2008 - Kyriba Corporation, the
leader of web-based cash and treasury management solutions, is pleased to announce the appointment of Don S.
Ferrara as General Manager of the Americas. Don will lead the Kyriba management
team in New York to further develop, refine and execute the company’s business
strategies. Previously,
Don held the position of Managing Director of the Americas for Wall Street
Systems, Inc. where he was employed for over twenty years. Don was one of the
original members of the Wall Street Systems team that grew the treasury and
transaction processing software company into a global organization. |
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San Diego, CA – June 10, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, is delighted to announce
that Partners HealthCare, O’Neal Steel, and InfoPrint Solutions Company have selected Kyriba’s real-time, on-demand
cash and treasury management solution for their global treasury management
needs. |
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San Diego, CA and Paris – May 27th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, announced today that it received new funding subscribed by its current shareholders and by Coface, a new investor. |
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San Diego, CA – April 17th, 2008 - Kyriba Corporation, the leader of Web-based cash and treasury management solutions, is pleased to offer its customers direct access to SWIFTNet for bank communications. SWIFTNet access is made possible via Kyriba’s strategic partnership with Bred Banque Populaire’s, “Service Bureau”, acting as a SWIFT Member Concentrator. Kyriba customers will benefit from all Corporate services developed by SWIFT, without administrative or technical complexity. |
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San Diego, CA – March 25, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, announced today that it is opening new offices in New York City. The offices are located at 111 Broadway, in the heart of the Financial district.
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San Diego, CA – March 11, 2008 - Kyriba
Corporation, the leader of web-based cash and treasury management solutions, is
delighted to announce that five new clients, Qualcomm, Superior Energy, Virgin
Megastore (France), Arianespace and Boiron Labs, have selected Kyriba’s
real-time, on-demand cash and treasury management solution for their global
treasury management needs. |
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San Diego, CA – February 28th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, today announced that it doubled its growth in 2007 by signing 56 new clients. With over 130 clients in North America and Europe, Kyriba’s innovative service is definitely filling a need in the market for effective liquidity management solutions. |
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San Diego, CA – February 26th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, is pleased to announce that Financial-i magazine recently awarded Kyriba its prize for “Most Innovative Cash Forecasting Solution of 2007”. |
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Milan, Italy – February 25th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, today announced that Alpitour Group, the Italian leader in the tourism market, has successfully implemented the Kyriba solution in order to optimize cash management for all of their subsidiaries.
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Paris, France – February 25th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, today announced that Virgin Megastore, a major fashion and entertainment company has completed its implementation of the Kyriba cash management solution.
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Paris - January 31st, 2008 - Boiron Laboratories, a world leader in homeopathic medicine, and
Kyriba, the market leader in cash management Internet application services, are
pleased to announce that the SaaS cash and banking communications management
solution has been in production since June 2007. |
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Paris, France – March 7th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, today announced that Legris Industries Group, a multi-business industrial group, has completed its implementation of the Kyriba cash management solution.
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San Diego, CA – January 15th, 2008 - Kyriba Corporation, the leader of web-based cash and treasury management solutions, is delighted to announce that two new clients, Constellation Brands and Enbridge, Inc., have selected Kyriba’s real-time, on-demand cash and treasury management solution for their global treasury management needs.
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San Diego,
CA – January 8th, 2008 –Kyriba
Corporation the leader of web-based cash and treasury management solutions gives
corporations the ability to generate SEPA Credit Transfer transactions and
provides additional life cycle management capabilities for Debt instruments
with its new release. In addition to incorporating usability improvement
suggestions from 120 customers, some additional features of the new release
also include advanced signatory management capabilities, Days Sales Outstanding
(DSO) analysis on receivables, event condition notifications, and a new
Payments dashboard. |
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