Kyriba Report: Only 7% of Italian Finance Leaders Can Assess Emerging Risks in Real-Time

Italian finance leaders are struggling with a significant visibility gap, as only 7% can assess emerging risks in real-time. This lag in quantifying financial consequences leaves organizations vulnerable to currency volatility and supply-chain disruption. For fintech professionals, this highlights a critical demand for integrated data solutions that bridge the gap between treasury and enterprise analytics.

What was announced

A new survey of nine global markets has revealed that Italian finance departments are among the slowest to respond to financial threats. Only 7% of Italian finance leaders report the ability to assess the impact of emerging risks in real or near-real time, the lowest result in the study. In contrast, 43% of respondents in Italy say it takes between three and six days to produce such an assessment, a result that ties with Spain for the slowest response time in the survey. This lack of agility has tangible consequences, with 70% of Italian respondents admitting that inadequate risk visibility has already resulted in a negative financial impact on their organizations.

The findings also highlight a disparity in preparedness across borders. Italy’s 7% real-time assessment rate is less than half of France’s 14.4% and significantly trails the United States, which led the survey at 23.9%. Furthermore, only 37% of Italian finance leaders feel their organizations are highly prepared to manage financial risk, placing them second to last, ahead only of Germany at 26%. To address these challenges, Kyriba has launched a new Data-as-a-Service (DaaS) offering. This product provides governed access to data across cash, payments, risk, and supply chain finance. It is designed to allow businesses to connect treasury data directly into enterprise analytics tools such as Power BI, Tableau, Snowflake, and Databricks, facilitating faster decision-making across the broader business.

"Recognising that a risk exists is only the first step. Finance teams also need to understand quickly what it could mean for cash, funding and foreign exchange, and what action they can take. In Italy, many teams still need days to answer those questions. Being able to do so in hours rather than days can give them more time and options to respond."

Guido Bailo, Country Manager for Italy at Kyriba.

The companies involved

Kyriba is a prominent provider of cloud-based treasury and financial management solutions, helping organizations unify their view of cash, liquidity, and risk. The company is owned by Bridgepoint, a major private equity firm that acquired a majority stake in the business to fuel its global expansion. Kyriba operates in a competitive market for treasury management systems (TMS), positioning itself as a bridge between traditional banking data and modern enterprise resource planning (ERP) systems. Its platform is used by thousands of companies globally to manage billions of dollars in daily transactions.

Among the organizations utilizing these tools is Percassi, a diversified Italian business group. Percassi manages a wide portfolio of brands and retail operations, requiring complex liquidity management across multiple entities. Giulia Terzi, who serves as the Head of Treasury at Percassi, noted that the implementation of such tools has reduced manual consolidation work and improved the speed of visibility into the group’s overall liquidity position. This case highlights the specific need for large Italian enterprises to move away from manual data handling to remain competitive in volatile markets.

What FF News has reported before

FF News has closely followed Kyriba’s efforts to modernize corporate finance through strategic integrations and market analysis. In July 2026, we reported on how Kyriba and Merge Partner to Deliver Enterprise Stablecoin Payments and Global Treasury Management, an initiative aimed at bringing digital asset capabilities to the corporate treasury. This followed our coverage of broader market pressures, such as when Japanese CFOs Struggle with Currency Volatility as Bank of Japan Hits 31-Year Rate High, a report that underscored the global necessity for real-time risk quantification. Additionally, the firm’s push to digitize legacy processes was evident when Kyriba and Viewpost Partner to Eliminate Paper Checks for Enterprise Finance Teams, focusing on driving efficiency in the B2B payment space.

What this means

The data suggests a worrying level of complacency among European finance leaders. While 70% of Italian firms have already suffered from poor risk visibility, only 22% anticipate high impacts from future risks. This disconnect indicates that many treasury departments may be underestimating the compounding nature of market volatility. The industry is moving toward a model where treasury data can no longer exist in a silo; it must be interoperable with broader enterprise resource planning and analytics stacks. For the fintech sector, the pressure is now on to provide tools that offer not just data, but actionable quantification of risk in a timeframe that allows for mitigation rather than just reporting. Organizations that fail to bridge this "days-to-hours" gap will likely find themselves increasingly exposed to sudden shifts in interest rates and currency values.