Kyriba reaches milestones with API calls and connectors for instant payments, real-time bank statement reporting, payment fraud prevention and liquidity management
Kyriba (“the Company”), a global leader of cloud-based finance and liquidity solutions, announced that the Kyriba platform has processed more than 100 million application programming interface (API) calls for their clients to integrate with banks, ERPs, Kyriba’s App Marketplace, and clients internal IT systems. Kyriba previously announced APIs with J.P. Morgan Chase and CitiBank and is supporting clients like Hunt Companies, as they migrate to a real-time ‘everything’ liquidity operation.
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“With the increasing demand for automation and the remarkable advancements in AI and Large Language Models, API demand will exponentially increase as corporates realize the immense benefits and efficiency that can be achieved through these technologies.”
“Kyriba clients are now using our OpenAPI platform to process 10 million API calls with their banks, ERPs and internal systems every month,” said Felix Grevy, Head of Connectivity and Open API at Kyriba. “The Kyriba platform supports over 70 bank API connectors live in production, the most of any treasury management provider. This number continues to grow as the 1,000 banks we currently connect to further embrace bringing to market more API capabilities.”
As the recognized leader in treasury, payments and liquidity APIs for corporate customers, Kyriba has delivered live to its clients:
- A total of 140 APIs across liquidity, cash, payments and risk management that are live in production
- 70 API bank connectors for bank reporting and payments
- 35 API ERP connectors for accounting automation, integration of cash forecasting data and management of static data
- Over 20 App Marketplace partners including ICD, Trustpair and Copper
- OpenAPIs for clients and development partners to integrate their systems and applications securely into the Kyriba platform
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“Corporate finance and IT leaders require a real-time data strategy and API connectivity to unify their data instantly and on-demand so they can navigate economic uncertainty and financial surprises such as banking meltdowns,” said Bob Stark, Global Head of Market Strategy at Kyriba. “With the increasing demand for automation and the remarkable advancements in AI and Large Language Models, API demand will exponentially increase as corporates realize the immense benefits and efficiency that can be achieved through these technologies.”
Kyriba’s Open API Platform was recognized as 2022’s Best Open Banking Treasury Solution by Global Finance Magazine. Kyriba client Charter Communications, leading broadband connectivity company and cable operator, was named winner of the 2023 Liquidity Excellence Awards for Achievements in Productivity around their integration with Kyriba/ICD’s API solution.
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