The partnership means faster and smarter execution of cash investments for CFOs and corporate treasurers. Kyriba’s technology provides its users with the real-time visibility and reporting they need to understand their portfolio and global cash positions. Clients can then seamlessly allocate cash to a variety of money market funds through BlackRock’s integrated trading platform.
“At BlackRock we are committed to leveraging technology to deliver better performance for our clients. This partnership is a natural next step in that strategy, leveraging technology enabled by Cachematrix, which we acquired last summer,” said Thomas Callahan, Global Head of Cash Management at BlackRock. “With Kyriba’s leading financial management solutions aligned to BlackRock’s portfolio of investment options, we will simplify the investing process for our clients and broaden the distribution of our cash funds.”
Kyriba’s innovative cash management solutions gives its clients clear visibility into their cash positions worldwide and enables greater confidence for CFOs and treasurers in their cash flow performance. Kyriba delivers the structure and control to access and mobilize intercompany cash balances toward investments that propel growth.
“Proper liquidity management optimization is now critical for modern CFOs who are looking to achieve aggressive performance goals in a highly volatile global market,” said Jean-Luc Robert, Chairman and CEO at Kyriba. “Our partnership with Blackrock, one of the largest and most respected asset management firms in the world, empowers senior finance executives to be more agile and efficient than ever before in executing the right investment decisions to drive growth. We look forward to delivering this joint solution to the market.”
“Kyriba’s partner ecosystem brings together leading solutions all on one platform in order to drive value for our clients,” said Karthik Manimozhi, EVP Worldwide Alliances and Channel Sales at Kyriba. “Our partnership with BlackRock provides a modern liquidity performance platform that enables our clients to see and then invest their cash.”
To learn more about Kyriba, visit www.kyriba.com
