FXpress and Kyriba form cash, treasury and risk alliance

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24 June 2009

Cash and treasury firm Kyriba has teamed with risk management provider FXpress to offer joint solutions.

FXpress, a provider of risk, exposure, and compliance management solutions, and Kyriba, a provider of SaaS cash and treasury management solutions, have announced they are forming an alliance.

With this joint solution, financial managers of domestic and multinational organizations will achieve total visibility on their cash flows enterprise-wide and facilitate a complete, consolidated view...

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Poll

Gazpromneft stunned the market this week when it was revealed pricing for their five-year $1 billion pre-export financing was rumoured to be just above 300 basis points over Libor. Is the deal likely to be a syndication success?

Yes - this seems like a sensible pricing benchmark, why not?

12%

No - are you crazy? These prices are ridiculous. What were these banks thinking?

38%

Yes - but for all the wrong reasons. A lack of other deals in the market, and the promise of future business with Gazpromneft will make it hard to ignore but don’t expect many to take up big tickets with this deal. There are much better deals out there.

50%