Integrated suite of on-line financial applications

Client Background

Kyriba is a leading provider of distributed cash and treasury management solutions. Customers use the automated online system to better control their daily cash management tasks including bank balances, transaction reporting, payments, cash positioning/forecasting, automated general ledger posting and investment portfolio reporting. The system automatically collects bank statements and facilitates automated cash, bank, and ledger reconciliations through Kyriba’s daily bank connectivity monitoring service.

Founded in 2000, headquartered in San Diego and Paris, with offices in New York, Milan, and Rio de Janeiro, Kyriba serves a global client base across hundreds of corporate treasuries, insurance companies and financial institutions.

Business Challenge

Kyriba Corp. required integrated suite of on-line financial applications aimed at enhancing the value of banks' and financial institutions’ service offerings.

Main business challenges:

 

  • Move from existing legacy software to modern treasury management solution with enhanced ergonomics, strong security, data interchange capabilities, internationalization features, enhanced functionality and performance.
  • Build up a geographically distributed team of 100+ persons. Establish project organization, management and communications.
  • Tailor development methodology to make it useful and comfortable for people with different levels of experience and cultures.

 

Solution

 

  • Reengineering of legacy product (VB, BTrieve), requirements specification and management
  • Analysis and design (validated by Rational)
  • Implementation (validated by BEA)
  • Testing
  • Integration
  • Deployment (security validated by HP)

 

Results

Several large corporations have chosen Kyriba platform as basis for their consolidated cash & treasury management, among them:

 

  • Commerzbank AG
  • PSA Peugeot-Citroёn
  • EDF - Electricité de France
  • Energia Italia

 

Project Facts

Technologies:
  • J2EE
  • SQL 
  • XML
  • HTML
  • Apache
  • WebLogic
  • Oracle
Team Size:
  • 50 FTE
Duration:
  • 2 years

Customer’s feedback

 “As a result of cooperation with Infopulse Ukraine, we've got and delivered to end-customers fully operational cash management platform built on modern technological basis. System requirements and architecture were completely documented in accordance with best practices recommended by RUP. The whole project has been performed on time and on budget”, – says Eric O'Neill, CTO, R&D Manager at Kyriba Corporation.