Kyriba Expands Risk Portfolio, Launches Commodities Risk

New FinTech Solution Optimizes Hedging Programs and Reduces Costs with Integrated Exposure Data, Analytics and Visibility within a Treasury Management Application

SAN DIEGO – September 27, 2022 – Kyriba, (“the Company”), a global leader of cloud-based finance and IT solutions, announced today the launch of Commodities Risk, which is an expansion of the Company’s portfolio of risk applications. The new solution helps treasury and risk managers mitigate rising commodity costs with integrated data, analytics and connectivity into Kyriba Treasury and Risk Management. The expanded offering gives companies the ability to optimize hedging programs, reduce price risk and protect their bottom-line from the impacts of commodity, FX and interest rate volatility.

“Kyriba launched Commodities Risk to support hedging programs, simplify buying and price setting processes and to deliver a more complete liquidity picture,” said Bob Stark, Global Head of Market Strategy at Kyriba. “It is important for our clients to have Commodities, FX, Payments and Treasury functionality in a single platform to optimize hedging and reduce costs, especially while navigating a volatile market.”

Key Benefits of Kyriba Commodities Risk solution features several key benefits that will aid global multinational corporations and other organizations seeking a more comprehensive understanding of liquidity:

• Commodity Tracking Features: Exposure management, trade capture and flexible forward-curve modeling.
• Financial and Hedge Accounting: Valuations and hedge accounting entries are automated and connect to all general ledgers.
• A Single Risk Management Platform: Commodities, FX and Interest Rate Risk are fully integrated with liquidity planning, automated settlements and bank reconciliations.