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Kyriba Delivers 30 Percent Year Over Year Growth and Achieves Record Number of New Client Implementations

Kyriba Corp., the global leader in cloud treasury management solutions, announced today its year over year revenue growth was 30 percent for the first two quarters of 2016. In the same two quarters, Kyriba signed 96 new clients globally. Additionally, new clients fully implemented in this period exceeded 140, which is the highest number of client golives in two consecutive quarters for Kyriba. 

Kyriba delivers award-winning, secure, modular and scalable Software as a Service treasury solutions with integrated cash and risk management, payments, and supply chain finance modules. Kyriba’s treasury cloud is used by more than 1,300 clients globally for proactively managing market volatility, onerous compliance requirements, and creating opportunities to fund new growth. 

“We have invested heavily in expanding our geographies, and in our product and product implementation teams since our last round of investment led by HSBC,” said Jean-Luc Robert, chairman and CEO for Kyriba. “Our goal is to streamline the implementation process so our clients can rapidly get up to speed and gain competitive advantages with Kyriba.”

“Our focus in the past 18 months has been to double Kyriba’s Professional Services team, which now includes more than 100 professionals who manage projects across the globe,” said Fabrice Levy, chief client officer for Kyriba. “We have also invested in a rigorous training and certification program for all consultants before any client assignment. We have the strongest implementation practice in our history as demonstrated by the record number of clients who went live on Kyriba in the first half of the year.”