Treasury management system vendor Kyriba announced this morningthat it has reached an agreement to acquire currency riskmanagement software provider FiREapps.
|In the release announcing the acquisition, the companies saythat their merger “will create a highly advanced solution formanaging global FX risk, including data gathering andconsolidation, reporting, analytics, decision support, payments,hedge accounting, and more.”
|Jean-Luc Robert, chairman and CEO of Kyriba, adds: “Theacquisition of FiREapps deepens our commitment to helping seniorfinancial executives be more agile and efficient in managing alltypes of risk, including FX exposures.”
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