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Canada,Singapore : Kyriba Enters into Strategic Alliance with GlobalTrade Corporation
Publish Date : 22-Sep-2017
Kyriba, the #1 provider of cloud treasury and financial management solutions, and GlobalTrade Corporation (GTC), the leading multi-bank trade finance platform provider, announced today that they have entered into a strategic alliance. GTC and Kyriba will join forces to bring together trade finance and treasury management solutions to empower global finance leaders to better manage high volume cash and trade operations.
The comprehensive treasury solution resulting from the strategic alliance will increase visibility, improve straight through processing for payment instruments used in international trade, and optimize cash forecasting, payments management and supply chain finance for corporate treasury and finance leaders.
Kyribas market leading treasury and financial management solutions combined with GTCs ease of use and flexibility in managing trade flows in a multibank environment will help global financial executives manage the complexities of international trade, said Jacob Katsman, CEO at GlobalTrade Corporation.
GTCs leading trade finance solution enables organizations world-wide to track and manage letters of credit, bank guarantees and documentary collections. With the added value of Kyribas treasury management solution, clients will have powerful technology to better manage cash and trade, said Jean-Luc Robert, Chairman and CEO at Kyriba. Kyribas treasury and financial management solutions automate labor intensive processes and protect against regulatory and fraud risk. The strategic alliance with GTC will empower CFOs with critical decision support so they can optimize their opportunities for growth.
