Kyriba announces the availability of its bank communication and electronic signature service

Paris and San Diego, 5 January 2005/PRNewswire -- Kyriba, the market leader in Internet application services for cash management on demand, has announced that its corporate Clients can now teletransmit their files to banks and sign them electronically using ETEBAC 5, by accessing its cash management ASP Platform via the Internet.

Once they have entered or imported their treasury transfer orders within the Cash Pooling module on the Kyriba ASP Platform, users can prepare their remittances, sign them and teletransmit them to French banks´ servers using the ETEBAC 5 protocol through the Kyriba Connectivity Hub.

Domestic or international third-party transfers can also be entered or imported from enterprises´ information systems, and then signed by ETEBAC 5 and routed to the banks through the Kyriba Connectivity Hub.

The integration of the ETEBAC 5 protocol and the EDIFACT VSOT, AFB160 and AFB320 formats into the Kyriba offering further enhances the banking communication services already available via the Kyriba Connectivity Hub.

Access to the Kyriba Connectivity Hub does not require the installation of any software on user workstations. For electronic signatures, users must simply connect an ETEBAC 5-compatible chip card reader to their workstation.

"Compared with a standard software installation, the ASP method of accessing these electronic signature services allows a significant reduction in the implementation time of an ETEBAC 5 project. The pricing, which is based on a monthly subscription linked to data volumes, is also very attractive.

We believe that these two elements will enable the spread of these services within enterprises that have been unable to deploy them for reasons of cost and the complexity of implementation," says Kyriba CEO Jean-Luc Robert.

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