Thursday 26 July 2018

Kyriba achieves 48 pct bookings growth for first half of the year

KUALA LUMPUR, July 25 (Bernama) -- Kyriba Corp, a New York based cloud treasury and financial management platform provider -- grew year-over-year sales bookings by 48 per cent during the first half of the year.

The growth is benefiting from strong performances across all global markets. The results show continuous acceleration in growth over the past three years.

Kyriba has added more than 100 new enterprise clients during the period, consolidating its leadership in the cloud-based treasury and risk management solution space. The company in a statement said it now serves 15 per cent of U.S. Fortune 500 companies.

Kyriba Chief Executive Officer, Jean-Luc Robert said: "When it comes to digital transformation, many global organizations are looking to upgrade their core treasury and finance operations through Kyriba´s enterprise platform.

"This ongoing shift is one of several tailwinds that have enabled us to post such a strong first half, with a run rate that will see us eclipse US$100 million (RM406 million) in total revenue by year-end, " he said. (1US$ = RM4.06)

Thousands of companies rely on Kyriba to streamline key processes, protect against loss from fraud and cybercrime and accelerate growth opportunities through improved decision support.

More details on www.kyriba.com

--BERNAMA

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