Success Story

Robust Reporting Propels Delaware Life’s Productivity

“We moved from the stone age to Kyriba, which is obviously the premier Treasury Management System in the industry, saving us a ton of time and effort.”

Joel Smith, Assistant Director of Finance, Delaware Life

Before Kyriba

  • Legacy TMS provider riddled with many problems
  • Limited support, heavily manual

Kyriba Modules Adopted:

Positive Business Outcomes:

  • Reports that used to take 15-20 minutes a day to generate – out of each bank portal – now are instantaneous
  • Roughly 50 reports per day are now automated, saving multiple analysts hours of work
  • Hundreds of transactions per day are now auto reconciled

“One of the best things about Kyriba is the customer service. Every time I get on the phone, somebody picks up, and immediately we get attention. I can’t stress how important that is for us. In treasury, everything is right now. If you have an issue, you need it done in an hour. We can 100% count on Kyriba to be there.”

Joel Smith, Assistant Director of Finance, Delaware Life


Founded in 2013, Delaware Life Insurance Company is a member of Group One Thousand One, LLC (“Group1001”): a dynamic network of businesses making insurance more useful, logical, and accessible for everyone. As of March 31, 2022, the company had assets of $43.3 billion and liabilities of $41.2 billion (does not include Delaware Life Insurance Company of New York) with more than 320,000 active annuity and life insurance policies.