Kyriba is accredited by Global Finance Magazine’s annual FX Tech Best TMS Provider with FX Module Awards, Best FX Cash Flow Hedge Solution

Kyriba is accredited by Global Finance Magazine's annual FX Tech Best TMS Provider with FX Module Awards, Best FX Cash Flow Hedge Solution

“Kyriba is honored to be recognized by Global Finance’s Annual FX Tech Awards,” said Wolfgang Koester, Chief Evangelist of Kyriba. “CFOs are exposed to increased market volatility and require currency risk management solutions that automate data collection workflows to ensure risk analysis is based on complete and accurate exposure data in real-time. Combined with Kyriba’s leading TMS solution that enables advanced cash forecasting and connectivity, CFOs and risk managers can now automate their FX risk management programs and increase the precision and predictability of their FX risk reduction objectives in real-time.”

Kyriba Corp. (“the Company”), a worldwide leader of cloud-based finance and IT solutions, has been perceived for its FX Risk Management solution as ‘Best TMS Provider with FX Module’ and ‘Best Solution for FX Cash-Flow Hedging’ in Global Finance Magazine’s Gordon W. Platt 2022 Foreign Exchange Awards. As the “leading voice for modern finance”, the awards program honors organizations that conceive new thoughts and execute faultlessly in designing or deploying technology to work on foreign exchange. Kyriba is among the couple of high-profile winners to win more than one FX award, alongside Citi, Finastra and Sberbank.

Kyriba was recognized for the following Global Finance Annual FX Tech Awards:

Best TMS Provider with FX module – Highlighting FX Management within TMS systems

Best Solution for FX Cash-Flow Hedging – Highlighting AI tools that drive optimal hedging

Kyriba and other winners were selected by Global Finance’s regional experts, who considered bank and technology provider submissions and used their own research and knowledge to make shortlists in all regions and categories. The 2022 FX Tech Award winners were identified through a bespoke algorithm including FX transaction volume, market share, scope of global coverage, customer service, competitive pricing, and innovative technologies.

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