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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. “Bringing someone with Don’s vast treasury
experience onto the management team at Kyriba is a real coup for us,” stated
Jean-Luc Robert, CEO for Kyriba Corporation. “His understanding
of the market and business acumen will serve us well as we continue to grow the
business and expand our team.”
“It’s a very exciting time to be at Kyriba,” commented Don
Ferrara. “The Kyriba team and its product are unparalleled in the market place.
One of my main missions is to navigate our continued growth and success. “
About Kyriba Corporation
Kyriba is
a leading provider of Treasury solutions delivered under the Software as a
Service (SaaS) model. Customers use the automated online
system to better control their daily cash management tasks
including bank balances, transaction reporting, payments, cash positioning /
forecasting, automated general ledger
posting and investment portfolio reporting. The system automatically collects
bank statements and facilitates automated cash, bank, and ledger
reconciliations through Kyriba’s daily bank
connectivity monitoring service. The solution also meets stringent Sarbanes-Oxley
404 audit trail, workflow, and control requirements and provides seamless
integration with third-party applications. Founded in 2000 and based in
San Diego, New York, Paris, Milan, and Rio de Janeiro, Kyriba serves a global
client base of more than 160 corporate treasuries, insurance companies and
financial institutions.
Media contact:
Leslie
Regino, Kyriba Corporation, 212-784-5584, lregino@kyriba.com
For more information, visit www.kyriba.com |