ICD, Kyriba Partner on Cash Flows
"Institutional Cash Distributors and Kyriba Partner to Streamline Cash and Investment Management" says a recent press release. It says the portal provider and treasury workstation company, "announced a partnership designed to meet the increased demand for transparency and efficiencies across cash and investment management." The release states, "The combined solution will allow finance and treasury managers of any organization to achieve complete visibility on enterprise-wide cash flows and facilitate a straight-through process for investing. Kyriba's SaaS platform enables a straightforward integration with the ICD portal, and the joint offering is expected to attract the companies' mutual clients and drive new business to a unique 'best-of-breed' solution." Jeffrey Jellison says, "ICD was founded to offer its clients a technology-based platform to provide the flexibility and efficiency of investing in a variety of institutional money funds across multiple currencies. Our commitment to and focus on technology has allowed us to continue to serve our customers needs as the client focus has shifted from yield performance to global transparency. Our partnership with Kyriba further supports this commitment to our clients." Jean-Luc Robert, CEO of Kyriba, notes, "The depth and functional breadth of Kyriba's treasury management platform combined with our SaaS deployment model allow our clients to quickly obtain a complete picture of liquidity across the enterprise while incorporating more structured workflows and controls." In other news, two recent S&P releases say, "Standard & Poor's Ratings Services said today that it has assigned its 'AAAm' principal stability fund rating to the JPMorgan JPY Cash Liquidity Fund (the Fund). The Fund is structured as a Japanese domiciled contractual open-ended bond investment trust." and "Standard & Poor's Ratings Services said today that it has assigned its highest principal stability fund rating of 'AAAm' to BNP Paribas InstiCash - BNP Paribas InstiCash EUR Government and to BNP Paribas Liquidites Euro, two money market funds, managed by BNP Paribas Asset Management."
