Kyriba Wins Payments Award at Global Vizag-AP Fintech Competition

Business Wire India

Kyriba Corp, the global leader in cloud-based treasury, cash, risk and payment management solutions, today announced India's largest private sector bank named Kyriba the most Innovative Fintech Vendor in India at the Fintech Valley Vizag Spring Conference managed by KPMG International Cooperative ("KPMG International").

"Kyriba has strengthened its financial solutions with more than 22% invested in R&D, focusing on the customer experience and security in payments, among other key risk management modules," said Jean-Luc Robert, Chairman and CEO, Kyriba. "We have delivered consistent year-over-year growth, and some of the world's most reputable banks invest in our vision to be the leader in SaaS solutions."

Kyriba was shortlisted as one of the top seven contenders after the first round of an RFP evaluation of 100 vendors. After being invited on-stage to demonstrate how multinational banks have transformed their payments landscape using Kyriba's award winning cloud-based solution, Kyriba won the category inclusive of the following criteria:

  • New and innovative solutions around Payments and Remittances spanning across Retail Banking, Corporate Banking and Treasury and that surpass existing solutions in the market.

  • Payments and Remittances: Develop solutions leveraging the opportunities of digital payments, transfers, remittances by the use of emerging technologies to make payments more seamless, secure and convenient.

Kyriba won the award based on its Payments module, and the win was reinforced by having representation in India from Protiviti, a local channel partner.

Congratulating Kyriba on winning the award, Kalyan Raman, Managing Director – Technology Consulting Practice in Protiviti Member Firm in Middle East and India said, "We at Protiviti always bring to our Clients the best of practices in digital advisory, technology and solutions. We work closely with our Technology Partners globally, such as our Channel Partner Kyriba, to bring cutting-edge solutions to our clients to help them face their business challenges with confidence. We are glad to be part of this important win in India, which is a testimony to Kyriba and its innovative financial technology solutions."

"Kyriba delivers a world class product that is transformative for banks and financial professionals, which is why our rapidly growing partner ecosystem invests in their future with confidence in their success," said Karthik Manimozhi, EVP Worldwide Alliances and Channel Sales, Kyriba. "Kyriba has an exceptional presence around the world, and now an even stronger presence in India. With recognition from the largest bank in India, and a massively energized Channel Partner, Protiviti, we have an exciting road ahead."

To learn more about Kyriba PartnerSURGE or joining our partner program, contact us at treasury@kyriba.com.

About Kyriba Corp.

Kyriba is the global leader in cloud-based treasury, cash and risk management solutions, delivering Software-as-a-Service (SaaS) financial technology to corporate CFOs and Treasurers. More than 1,500 global organizations use Kyriba to enhance their global cash visibility, improve financial controls, and increase productivity across their cash and liquidity, payments, supply chain finance and risk management operations. Kyriba is headquartered in New York, with offices in San Diego, Paris, London, Tokyo, Singapore, Dubai, Hong Kong, Shanghai and Rio de Janeiro.

To learn how your organization can increase the strategic function of its financial professionals, contact us at treasury@kyriba.com.

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About Protiviti

 Protiviti delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders face the future with confidence. Our consulting solutions span critical business problems in technology, business process, analytics, risk, compliance, transactions and internal audit. We are committed to attracting and developing a diverse workforce of professionals that share the common value of collaboration. As an organization, we believe that by teaming together, with each other, and our clients, we can see beyond the surface of changes and problems organizations face in this fast changing world to discover opportunities others might miss and face the future with greater confidence.

Our more than 4,500 people serve clients through the network of Protiviti and independently owned Member Firms in more than 70 offices in over 20 countries. Our people and organization have consistently been recognized by FORTUNE and Consulting Magazine as a best company to work for. We have served over 60% of FORTUNE 1000® companies and 35% of FORTUNE Global 500® companies. In India, Protiviti's member firm (Protiviti India Member Private Ltd.) is a leading provider of business consulting, internal audit, risk management, technology, tax and regulatory, financial reporting and IFRS advisory, forensic and fraud investigation, information management and transaction services. Protiviti member firms are separate and independent legal entities, are not agents of other firms in the Protiviti network, and have no authority to obligate or bind other firms in the Protiviti network.

View source version on businesswire.com: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51539208&lang=en

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