Kyriba and 360T Join Forces to Deliver Straight-Through Processing for FX, Money Market, and Interest Rate Derivatives in the Cloud
Integration offers Kyriba clients a complete workflow for online trading, portfolio tracking, and risk management
SAN DIEGO, October 3, 2012 – Kyriba Corporation, the leader in cloud-based cash and treasury management solutions, and 360T, the leading independent global provider of a multi-bank, multi-asset trading platform, today announced a partnership to integrate 360T’s award winning, multi-dealer, foreign exchange, money market, and interest rate derivatives trading portal into Kyriba’s software-as-a-service (SaaS) platform.
This partnership extends Kyriba’s offering for cash, treasury, and risk management to provide Kyriba’s clients with the ability to manage pre-trade, trade and post-trade capabilities in a single web SaaS solution.
“We’re extremely pleased to partner with 360T and introduce its market leading multi-dealer online trading portal to our clients,” said Edi Poloniato, SVP, strategy and corporate development at Kyriba. “360T’s ability to offer multi-dealer online trading across multiple asset classes was a key differentiator for us, as well as its strengths and successes in emerging markets. It is extremely important to offer 360T’s capabilities integrated within our platform so our clients improve visibility and eliminate any manual efforts when using both Kyriba and 360T’s SaaS solutions together.”
“This partnership will greatly enhance the overall proposition to clients of both organizations,” said Alfred Schorno, member of the board at 360T. “It is important for our customers to have a complete workflow of portfolio and risk management capabilities along with our market-leading trading capabilities for FX, money market, and interest rate derivatives.”