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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