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Ripple Treasury (GTreasury) and Kyriba side by side in the Treasury and FX Hedging Index 2026: scores, evidence, published facts and awards.
In the Treasury and FX Hedging Index, Kyriba scores higher overall: 4.2 out of 5 (83 out of 100) against 3.1 (62), ranking 1 and 3 of 13. Kyriba also scores higher in every segment.
Overall and segment scores out of 100, and the score out of 5.
| Score | Ripple Treasury (GTreasury) | Kyriba |
|---|---|---|
| Score out of 5 | 3.1 | 4.2 |
| Score out of 100 | 62 | 83 |
| Overall rank | 3 of 13 | 1 of 13 |
| For importers and exporters (out of 100) | 57, rank 2 | 73, rank 1 |
| For corporate treasury teams (out of 100) | 68, rank 2 | 91, rank 1 |
| For payment and fintech firms (out of 100) | 60, rank 3 | 84, rank 1 |
| Type | Treasury management system | Treasury management system |
Each score with the evidence behind it.
| Criterion | Ripple Treasury (GTreasury) | Kyriba |
|---|---|---|
| Coverage | 5/5 Hedging, cash view, payments and forecasting all published. | 5/5 Hedging, cash view, payments and forecasting all published. |
| Published pricing | 0/5 Not published. | 0/5 Not published. |
| Global reach | 3/5 300+ bank connectors. | 5/5 10,000 banks connected. |
| Integration | 2/5 ERP connectivity stated without names; no API confirmed. | 5/5 Named ERP connectors and open APIs. |
| Regulatory standing and security | 4/5 SOC 2 Type 2 and SOC 1 Type 2 audited twice a year; ISO 27001 not found. | 5/5 ISO 27001 and SOC 2 Type II published. |
| Risk reporting | 4/5 Risk measurement and hedge accounting published; mark-to-market reporting not confirmed. | 4/5 Exposure management and hedge accounting published; mark-to-market reporting not confirmed on the pages read. |
Each criterion is scored 0 to 5 against the best published offer in the Treasury and FX Hedging Index. 0 means not offered or not published. How it is scored
What each provider publishes on its own pages, read on 26 October 2026.
| Fact | Ripple Treasury (GTreasury) | Kyriba |
|---|---|---|
| Coverage | "Real-time cash, risk and payment management"; liquidity management; cash flow forecasting; "Identify, measure and hedge financial risk"; netting. | Products: Treasury ("Real-time cash & treasury management"), Risk Management ("FX, Debt, Investments, Interest Rates"), Payments, Connectivity and Working Capital; cash forecasting. |
| Pricing | Not published on the pages read. | Not published on the pages read. |
| Global reach | "300+ pre-built bank connectors, ERP integration and 99.9% uptime." | "Connect to 10,000 banks, right out of the box." |
| Integration | ClearConnect "bank and ERP connectivity suite"; ERP systems not named on the pages read. | "Pre-built connectors (SAP, Oracle Cloud, NetSuite, Microsoft Dynamics 365, Workday, and more)"; "open APIs". |
| Standing and security | "SOC 1 Type 2, SOC 2 Type 2, and PCI-compliant, and undergoes SOC 1 Type 2 and SOC 2 Type 2 audits twice annually, and is a L2BA SWIFT Service Provider." | Trust Center lists ISO 27001 certification; "SOC 1, SOC 2, and SOC 3 Type II Reports"; TISAX certified. |
| Risk reporting | "A 98%+ intelligent match rate on reconciliation and hedge accounting built in"; risk identification and measurement. | FX exposure management; "Support derivative and hedge accounting for ASC and IFRS compliance". |
| Date read | 26 October 2026 | 26 October 2026 |
Not published or not stated by Ripple Treasury (GTreasury): pricing, integration, regulatory standing and security and risk reporting.
Not published or not stated by Kyriba: pricing and risk reporting.
Facts read on 26 October 2026 from: gtreasury.com, gtreasury.com/security; and kyriba.com, kyriba.com/company/trust-center, kyriba.com/products/risk-management, kyriba.com/products/connectivity.
Awards follow from the published scores and cannot be bought.
From each provider's strongest criteria and published terms.
Corporate treasury teams wanting hedge accounting inside the TMS.
Large corporate treasury teams wanting one system for cash, payments and FX risk.
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