KYRIBA CLOSES Q3 2014 WITH RECORD REVENUES AND BOOKINGS

SaaS treasury management vendor achieves 45 percent year-to-date bookings increase

Kyriba, the global leader in cloud-based Proactive Treasury Management, achieved record revenues and bookings in the third quarter of 2014, with a 45 percent increase in year to date bookings. Kyriba added 130 new clients during the first three quarters of 2014, and now has more than 900 clients worldwide.

Kyriba was also recognized as the fastest-growing vendor of treasury management software by leading analyst firm, IDC, in its report, Worldwide Treasury and Risk Management Applications 2014–2018 Forecast and 2013 Vendor Shares. The report also highlights Kyriba’s focus on innovation and client success, noting that its 98% client loyalty rate is “excellent and speaks well for Kyriba’s focus on customers and their concerns including security, service, and scalability.”

“I’m delighted that Q3 was our best ever in terms of both new bookings achieved as well as overall revenues,” said Jean-Luc Robert, chairman and CEO of Kyriba. “We have made great strides over the past few months in terms of product innovation and delivery and these are reflected in some of the achievements over the past quarter. In particular, Kyriba continues to position itself as a global leader in bank connectivity and payments. It is also extremely rewarding to see that third parties, such as industry analysts, have recognized our continued investment in our product.”

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