Kyriba, a supplier of cloud-based treasury management solutions, has released Kyriba 13.1, bringing new foreign exchange (FX) and risk management workflow to the company's SaaS-based treasury platform.

New features within the risk modules of Kyriba include:

• FX snapshots, to increase the accuracy of FX exposure forecasting
• expanded approval workflow for FX exposures, to support advanced segregation of duties
• trade matching and confirmations, including generation of MT300 messages
• trade capture for commodity transactions, including OTC and exchange-traded futures.

In addition to the expanded FX functionality within Kyriba 13.1, the platform includes enhancements to the platform's eBAM functionality and SEPA compliance functionality. These enhancements include:

• enhanced workflow for Bank Account Management, to further support centralized control of bank account openings / closings and further preparation for eBAM
• deeper SEPA compliance functionality, with the addition of SEPA Direct Debit (SDD) mandate tracking, including document storage and linking of mandate to payment instruction.