Case Study: Worldpay achieves treasury transformation and automated cash visibility with Kyriba

Worldpay’s Fast-Track to Treasury Technology Excellence

Worldpay, a global payments leader spun out of RBS in 2010, rapidly grew through M&A and an IPO, creating a complex, multi-entity treasury environment. Regulatory change in 2014 and the need to duplicate processes across hundreds of bank accounts exposed the limitations of spreadsheet-based cash and account management, so the treasury team sought an integrated, scalable solution to manage global bank connectivity, reporting and controls.

Worldpay selected Kyriba for its bank connectivity, configurability and automation, rolling the system out across additional entities to manage over 1,800 accounts and relationships with 100+ banks in 50 countries. The implementation delivered daily, auditable cash visibility, zero-balancing and overdraft alerts, enabled group-wide forecasting across 40+ entities, saved about five hours per day in APAC processes, and shifted the treasury from reactive operations to proactive strategic support.

Worldpay

Chris McLoughlin

Treasury Manager