Kyriba

Kyriba is a treasury and liquidity management platform covering real time treasury, payments, risk management and working capital, delivered in multiple languages to international finance functions. The vendor frames the whole offering as liquidity performance.

Liquidity is the right organising idea because it is what treasury actually manages. A large company holds cash across many bank accounts, currencies and legal entities, and the treasurer's problem is not accounting for it but knowing where it is, whether it can be moved, and what it is exposed to. Visibility across that estate is the foundation, and most organisations start without it.

Payments belong in the same platform for a security reason as much as an operational one. Payment fraud targets exactly this function, because a treasury system can move very large sums, so controls on who may initiate and approve a payment sit alongside the cash visibility that shows whether an instruction makes sense.

Risk management covers currency and interest rate exposure, which a multinational carries whether or not it chooses to. Quantifying it is a prerequisite to deciding what to hedge. The vendor has added an agentic AI capability, TAI, applying automation across these treasury processes.