Kyriba Selects IO to Provide Secure, High-Availability Data Center for its 100 Percent Cloud-Based Treasury and Risk Management Solutions

EDISON, N.J., Oct. 23, 2012 /PRNewswire/ -- IO, the leading provider of next-generation modular data center technology and services, today announced the company has been awarded a contract by Kyriba Corporation, the global leader in cloud-based treasury management solutions.

IO will provide Kyriba with its Data Center as a Service (DCaaS™). This approach supplies Kyriba with a high-performance, cost-effective solution that supports cloud computing-based applications – without having to invest resources in building and maintaining its own data center. The service uses redundant mirrored data centers in Phoenix and New Jersey, ensuring maximum uptime.

Kyriba's 100 percent SaaS-based cash, treasury and payment management solution helps more than 700 clients across the globe to minimize risk, ensure compliance, and enable better cash visibility and optimization. The company selected IO, after a lengthy review process, to provide secure, scalable and reliable services to its rapidly growing roster of Fortune 1000 companies.

"Kyriba's treasury management solution needs to be continuously available to our clients, and the sensitive nature of our clients' financial data means that security is paramount," said Don Gerraputa, vice president of information systems for North America, Kyriba. "When choosing a data center partner, we needed a solution which would meet and exceed our uptime SLA and offer industry-leading security. With its 100 percent uptime guarantee and SSAE16 security, IO enables us to offer the best possible service to our clients, and has significantly improved out RTO and RPO capabilities."

At IO Phoenix and IO New Jersey, organizations can use high-value colocation services to support cloud computing, big data, high-availability applications, business continuity/disaster recovery, data center consolidation and other strategic technology initiatives. IO Phoenix is the largest commercially available data center in the United States to achieve Tier III Design Certification from the Uptime Institute, while IO New Jersey is the only commercial data center in the New York City metropolitan area that is Tier III certified and 100 percent modular.

About IO
IO designs, engineers and delivers data center infrastructure for the world's largest enterprises, governments and service providers. IO owns and operates data centers for hundreds of customers, and has leveraged this experience to build a next-generation Data Center 2.0 cloud enabling technology platform. IO.Anywhere™ modular data centers provide enterprise-class infrastructure that can be delivered as Data Center as a Service and rapidly deployed as a product to customer sites anywhere in the world. IO developed the first data center infrastructure operating system, IO.OS®, to provide the intelligent control needed to maximize utilization, resiliency and energy efficiency. IO is a privately held company headquartered in Phoenix, Arizona. For more information on IO, please visit us on the web at io.com.

About Kyriba
Kyriba is the global leader in next generation treasury solutions in the cloud. We enable CFOs and finance teams to optimize their corporate treasury functions by delivering fully-integrated cash, treasury, payment, risk management and supply chain finance solutions through a user-friendly, scalable and secure SaaS platform. Kyriba improves visibility and productivity, enabling our clients to minimize risks and have better control over their treasury and finance decisions. With a client loyalty rate of over 98 percent, we support more than 700 organizations globally including market leaders such as Amway, Electronic Arts (EA), Interpublic Group, PulteGroup, Inc. and Qualcomm. For more information, contact [email protected] or visit http://www.kyriba.com.

IO and the IO logo are trademarks of IO. © 2012.

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