Kyriba provides an extensive risk management solution supporting Treasurers and CFOs with a solution for:
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.
- Supply Chain Finance - Kyriba provides a multi-bank portal to connect buyers, suppliers, and financial partners for approved payables financing or reverse factoring. Through the use of Kyriba, suppliers can improve working capital by requesting early payment of invoices while Buyers can reduce the risks of liquidity issues within the suppply chain as well as improving their own working capital.