The Treasury function has evolved considerably during the past few years and Kyriba made sure to deliver more sophisticated tools to manage exposures and risks. Kyriba clients can rely on the platform for cash, treasury, and risk management instead of having to maintain multiple systems for some of their needs.
Kyriba 11.1 Highlights:
â Expanded Mark-to-Market functions for all financial instruments
â Increased support for Scenario Testing and Sensitivity Analysis, including yield curve modification
â Added Hedge Effectiveness Module for prospective and retrospective effectiveness testing
Kyriba clients enjoy a wealth of Risk Management features and benefits including:
> Financial Risk Management:
â¢ Mark-to-Market valuations â Kyriba users can compute the independent market value of all financial instruments tracked in the system. Valuations are calculated based on the Kyriba Market Data Service (included with the system) or from source data imported from external providers.
â¢ FX Exposure Management â Kyribaâs FX Position Worksheet allows users to analyze compliance with internal hedging policies driven by sophisticated tracking of currency exposures and FX transactions. Exposures can be imported from the ERP and/or other internal systems.
â¢ Sensitivity Analysis â Kyriba supports modification of currency and interest rate curves so that users can analyze the sensitivity of different FX and Interest Rate projections, including parallel and variable yield curve shifts. Multiple scenarios can be applied allowing many valuations to be analyzed per financial transaction.
â¢ Hedge Effectiveness Testing â Kyriba added Prospective and Retrospective Hedge Effectiveness Testing as part of a new module focused on helping clients comply with Hedge Accounting standards in the US and globally. Users have flexibility in testing methods and hedge documentation to meet their auditorsâ requirements.
> Counterparty Risk Management:
â¢ Counterparty exposure reporting â Kyriba clients can also manage their overall financial relationships with banks and counterparties by tracking all transactions, including trades, credit availability, and bank activity. Treasuries can report on exposures, deals, and activity by counterparty or compare across all counterparties.
â¢ Deal Limit monitoring and enforcement â Kyriba offers full counterparty and internal limit management for all financial transactions. Users can structure limits by counterparty, by deal type, by rating, and other criteria to ensure that internal trading policies are effectively managed. Limits can either prevent deals from being completed or serve as a warning.