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BNY Mellon and Kyriba Announce Collaboration to Combine Short-Term Investment LiquidityDirect™ Platform With Kyriba’s Scalable SaaS Solution
BNY Mellon (NYSE:BK), the global financial services company, today announced a new collaboration of its short-term investment platform, LiquidityDirect, with Kyriba, a global leader in cloud treasury and finance solutions.
This development combines Kyriba’s secure, scalable SaaS solution to BNY Mellon’s LiquidityDirect platform to enhance liquidity performance and unlock greater cash visibility. In addition, clients are provided with a seamless, holistic cash management experience that bridges operational efficiencies for self-directed cash management, payments and investments.
“By collaborating with Kyriba, we are further enhancing the LiquidityDirect product suite to deliver a unified client experience,” said George Maganas, Global Head of Liquidity Services, BNY Mellon. “This is yet another example of BNY Mellon’s 240-year commitment to developing innovative solutions that provide our clients with widespread and seamless support across the investment cycle.”
“Whether its cash visibility or trade execution, treasury teams are demanding increased efficiency and straight through execution,” said Edi Poloniato, Global Head of Banking Channel & Working Capital Solutions, Kyriba. “Collaborating with BNY Mellon’s LiquidityDirect platform enables our customers to improve their liquidity performance.”
Through this integration with Kyriba, BNY Mellon is continuing its ongoing collaboration with several leading treasury workstations and cash management systems on behalf of its clients.
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