Cash and liquidity management solution for Kyriba Corporation

KyribaTI liquidity management and centralization platform enables real-time access to consolidated cash flow and position data across business units and countries. This new integrated suit of on-line financial applications aimed at dramatic enhancing the value of banks and financial institutions service offerings.

Through an unparalleled central database, Kyribas flexible user entitlements provide immediate and transparent delivery of balance and transaction details, current day, prior day, and historical reporting to all authorized users throughout a company. Security and confidentiality rules are easily established and adjusted to oversee what information is shared with different groups and individuals. The Kyriba platform lets users rapidly produce and consolidate detailed cash flow forecasts to stay on top of business unit developments, and their impact on the corporation. With Kyriba, users can easily optimize their cash pooling decisions, taking into account their special organizational needs and financial structures. Sophisticated automatic balancing functions manage inter-bank transfers according to user-defined rules, giving companies the control they need while eliminating potential errors and reducing bank fees.

Extensive multi-banking capabilities also ensure timely execution of transactions, applying the validation and signature workflow established by the management team. In addition, the platform automatically generates entries for the inter-company accounts of the different entities of the group, to provide consolidated account interest statements.

System includes:

• Integration services for heterogeneous financial information;
• Decision-making support tools, such as forecasting, reconciliation and cash positioning;
• Complex, highly-customizable inter- and intra-corporates workflows;
• Access to multiple banking transactions systems.

Benefits:

By providing a continuous flow of information throughout an organization, Kyriba creates a comprehensive picture of corporate and business unit banking relationships, enabling firms to continually audit and improve their use of banking services. Daily summaries of banking terms, amounts, and the number of transactions processed provide an in-depth understanding of all banking activities, over any period of time, by subsidiary, bank, currency, and transaction, electronic banking.

Our client got and delivered to end-customers fully operational web-enabled cash management platform built on modern technological basis. The system has scalable cluster-friendly multi-tier architecture, customizable look-and-feel, multilingual capacities and web-enabled reporting. It supports highly configurable workflows; both thin and fat front-ends, and enables up to 1000 simultaneous connections. The requirements of 100% J2EE, 24x7 availability and strong security are fulfilled as well.

System requirements and architecture are completely documented in accordance with best practices recommended by RUP.

Summary of the project

Technologies used:

• J2EE;
• Oracle;
• BEA WebLogic;
• Rational Enterprise Suit;
• WebGain

Expertise domain: Finance/Cash, Treasury and Liquidity management

Project scale: 200+ man-years, geographically distributed team of 100+ persons

Clients: Kyriba Corporation (www.kyriba.com), leading provider of distributed cash and treasury management with headquarters in USA and Europe.

Our role: Provide complete software development lifecycle strictly following the RUP methodology: develop system requirements with use-case modeling technique, define system architecture, perform object-oriented analysis and design (validated by Rational and BEA), implement and integrate the system, test, deploy pre-production and production platforms.

To learn more about client benefits, please visit Success stories and Testimonials pages.