Kyriba to Acquire FiREapps
Kyriba has announced it has reached an agreement to acquire FiREapps. The agreement will combine two global leaders in cloud treasury and risk management, and further enhance Kyriba’s capabilities for safeguarding its clients against the entire continuum of financial and operational risk, including foreign exchange (FX) exposures, payments fraud, regulatory risk and more.
The acquisition will create an advanced solution for managing global FX risk, including data gathering and consolidation, reporting, analytics, decision support, payments, hedge accounting and more. The combined result is a fast and efficient way to manage FX exposures.