Case Study: Oracle Cerner achieves SWIFT compliance, eliminates a $4B payments bottleneck, and saves 930 IT hours with Kyriba

Applying Technology at Oracle Cerner to Eliminate a $4B Payments Bottleneck

Cerner (now Oracle Cerner), a global healthcare IT leader, faced an urgent compliance and operational crisis when its in‑house SWIFT Alliance Lite2 setup was found out of compliance with SWIFT’s security controls late in 2021. The treasury team risked disruptions to $4B in payments and 350k annual transactions, faced heavy manual workloads and 410 annual hours of SWIFT maintenance, and needed a scalable, secure payments hub to support growth and the pending Oracle acquisition.

Cerner migrated its SWIFT BIC to the Kyriba Service Bureau and implemented a Payments Hub with Open APIs, ERP/Payroll integrations and automation while retaining full SWIFT functionality. The change eliminated redundant tasks, saved 930 IT hours annually, protected $4B in payments, and delivered rapid financial benefits—payback in under nine months with a 5‑year ROI of 31.9% and IRR of 70.3%—while enabling Day‑1 M&A readiness and scalable payments operations.

Oracle Cerner

Leonard Nick

Assistant Treasurer