Kyriba has developed a new API connector with ICD (Institutional Cash Distributors), the portal provider for money market products.
The integration allows treasury teams to research, trade, analyse, and report on investments, and sweep excess bank balances into money market funds to ICD from their Kyriba Dashboard.
Felix Grevy, head of connectivity and open APIs at Kyriba, described the ICD link as, 'Part of a larger effort to ensure our clients have the best opportunity to improve returns on their excess cash.'
Sebastian Ramos, EVP, global trading and products at ICD, added, 'With single sign-on and deep integration with Kyriba, our joint clients limit risk and add efficiencies to their cash and liquidity management processes.'
Earlier this year, Kyriba opened its application platform to developers wand has since expanded the developer portal with new self-service applications and an App Marketplace.
Treasury Technology news from the experts at Treasury Dragons.