IBM has been selected by forecasting and treasury management services firm, Kyriba Corporation, to be its managed hosting provider for North America, to support Kyriba’s expansion efforts, while maintaining its online cash and treasury management solutions delivery.
With IBM, Kyriba will continue to offer its customers access to the latest in hosting technology regardless of the size or geographic location of their organization. IBM will provide system monitoring, operational support for database administration, server administration, business continuity planning and services, data center and information security monitoring, and advisory services. By leveraging IBM’s infrastructure and an oversubscribed funding round of $14.4 million completed in early 2007, Kyriba furthers its strategy to accelerate growth in North America.
Jean-Luc Robert, Chief Executive Officer of Kyriba Corporation offered, ”Our customers are our number one priority, as is the security and availability of their mission-critical data. As a hosting leader, IBM provides a comprehensive solution that is unmatched. We are committed to providing companies with the reliable tools they need to boost efficiency, streamline operations, increase controls and maximize shareholder value.”
Kyriba’s web-based solutions are designed to provide customers with a leading, feature-rich and user-friendly cash and treasury management system, based on a subscription model with no upfront capital expenditure, no license fees, and/or maintenance fees.
Mike Riegel, Director of Mid-Market Services at IBM Global Technology Services added, ”Financial professionals are looking to promote more effective working capital management as they implement best practices and regulatory compliance. The combination of IBM’s world-class hosting services and Kyriba’s cash management solution will help companies automate and consolidate financial processes, allowing them real-time visibility into enterprise-wide financial operations from a stable and secure environment.”
IBM provides managed hosting, with extensive experience in managing large business applications and providing world-class security, performance, and technology. Kyriba’s solution will be hosted at IBM’s strategic data center in Columbus, Ohio.
Source: Web Hosting finds news