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

Phoenix, AZ - October 23, 2012

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 is a global leader in software-defined data centers and has pioneered the next generation of data center infrastructure technology. IO's integrated hardware and software data center technology platform offers enterprises, governments, and service providers an innovative way to deploy, provision, and optimize data center capacity anywhere in the world. IO technology lowers the total cost of data center ownership compared to traditional data centers, enabling dynamic deployment and intelligent control based on the needs of IT equipment and applications in the data center.

IO and the IO logo are trademarks of IO. © 2014.

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