BNY Mellon Integrates Liquidity Direct with Kyriba

BNY Mellon says it has integrated its short-term investment platform, Liquidity Direct, with cloud treasury and finance solutions provider Kyriba’s software-as-a-service (SaaS) platform.

The bank says the collaboration with enhance liquidity performance and unlock greater cash visibility. In addition, it says, clients are provided with a cash management experience that bridges operational efficiencies for self-directed cash management, payments and investments.

“By collaborating with Kyriba, we are further enhancing the Liquidity Direct product suite to deliver a unified client experience,” says George Maganas, global head of liquidity services, BNY Mellon.

Edi Poloniato, global head of banking channel & working capital solutions, Kyriba, adds, “Whether its cash visibility or trade execution, treasury teams are demanding increased efficiency and straight through execution. Collaborating with BNY Mellon’s LiquidityDirect platform enables our customers to improve their liquidity performance.”