Trade Finance Global Names Kyriba as Best Treasury Management Platform
Innovation from banks, technology providers and corporates in the trade and receivables space has bolstered global trade despite geopolitical volatility. The 2019 International Trade Finance Awards by Trade Finance Global (TFG), a leading alternative finance and complex funding solution provider for international trade, are given to those who have made outstanding contributions to international trade.
Kyriba was honored to be recognized for its innovation in cloud treasury and finance solutions, including business intelligence, working capital optimization, payments and more. Leading organizations who were also recognized by TFG include, Citi, J.P. Morgan, Bank of America, Maersk and many more.
“We are thrilled to be recognized as the ‘Best Treasury Management Platform’ by Trade Finance Global,” said Jean-Luc Robert, Chairman and CEO at Kyriba. “We are committed to building out our industry-leading platform, and expanding the value we bring to our growing list of customers. In the last year, we invested heavily in Europe, expanded our leadership teams, and added more new clients than in the past year.” In fact, 2018 was a record year for growth in Europe, he said.
Kyriba’s cloud treasury and finance offering is a preferred by CFOs and Financial Directors seeking a single source of truth to help accelerate growth at their organization. UK based Graff Diamonds uses Kyriba for payments, Auchan for working capital optimization, and many others trust Kyriba for innovations that make a positive impact to their bottom line. In 2018, Kyriba developed Lease Accounting for IFRS 16 and Business Intelligence so financial directors can better understand how to protect and mobilize their assets to accelerate growth at their organization. The company recently announced it surpassed $110M in revenue in 2018.
The Technology and Innovation Awards were announced as follows:
- Innovator in Global Trade – ICC Banking Commission
- Best Shipping Company – A. P. Moller – Maersk
- Best Treasury Management Platform – Kyriba
- Best Trade Finance Software Provider – HPD LendScape
- Best Trade Technology Company – Export Enterprises
Going forward, building innovative technologies such as APIs that bridge corporates and banks, or providing working capital solutions to unlock value for banks, buyers and suppliers will continue to be a force for growth in international trade. Kyriba congratulates all of the winners of TFG’s International Trade Finance Awards 2019.