Kyriba, a software company focused on liquidity performance, has launched Data-as-a-Service, or DaaS, to give customers structured access to treasury data for analytics, reporting and integration with enterprise data environments.
The service is designed to connect Kyriba data with existing business intelligence and data platforms through JDBC, OAuth2 and SQL. This gives teams a way to work with treasury information without relying on repeated file exports and manual formatting for each analysis.
"DaaS transforms how customers access their treasury data by accelerating the access to data already shaped for analytics, supporting big volumes, and incremental refreshes enabling an easy integration with main enterprise BI tools,” said Monica Boydston, Chief Product Officer at Kyriba. “This gives businesses a more connected view of financial performance and creates new opportunities for enterprise decision-making”.
The offering includes more than 165 tables and 4,400 fields covering cash, payments, risk and supply chain finance. Customers can access up to three years of historical data from day one, subject to data availability, and connect that information to the platforms already used within their organisations.
The data can also be combined with information from other parts of the business. The source material cites sales forecasts, operating expenses, purchase commitments and workforce plans as examples that could be analyzed alongside cash, payments and foreign exchange data to assess working capital, liquidity and financial forecasts.
For IT teams, the service provides a governed route for making treasury information available through existing data and BI environments rather than building separate processes for individual departments.
Kyriba will feature DaaS at KyribaLive Exchange Milan, where finance, treasury and technology executives are expected to discuss the use of connected data across cash, payments, risk and liquidity.
Kyriba says its platform supports more than 3.6 billion bank transactions and $51 trillion in payments across 10,000 banks annually.
