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Success Story

New York Life Investments: Payments Innovator Award Winner

Finance, stock market and financial forex trader trading after data analysis in the global economy on tablet. Digital cryptocurrency and fintech worker working on investment strategy on stocks charts

Awarded to the company that has minimized fraud, standardized and streamlined payment processes.

Kyriba Live 2023 Liquidity Excellence Awards with New York Life Investments

Challenge

  • With tremendous payment volumes, the need for a best-in-class streamlined process was crucial for continued growth.

Solution

  • The New York Life team worked with the Kyriba product team to develop “Delegation of Authority” rules that flow from the Bank Account Management module to the Payments module for streamlined payment approval profile workflows.

Results

Through this digital design and collaboration with Kyriba, the New York Life teams have:

  • Realized major workflow efficiencies and improved controls across their broader internal finance and business teams.
  • Driven workflow automation through their innovative design and adoption of Kyriba’s Waterfall Payments solution.

kyriba liquidity excellence awards logo

Kyriba’s Liquidity Excellence Awards recognize clients, both at the corporate and individual level, for excellence in Treasury, Finance and Cash Management. Winners are nominated by their peers and partners, and are announced at KyribaLive, Kyriba’s annual user conference. Nominating partners also receive acknowledgement for their contribution to these clients’ successes.

Company awards recognize outstanding performance across six award categories: Treasury Transformation, Achievements in Productivity, FX Optimization, Payment Innovation, Working Capital, and Implementation the Year.

Recognition is also given to individual contributors for outstanding performance across four award categories: Peak Performer, Pivotal API, Data Demon, and Elevated Visibility.

Check out our complete list of 2023 Liquidity Excellence Award Winners. Congratulations to all!

  • Industry Investment Management
  • Headquarters Jersey City, NJ
  • About New York Life Investments With over $660 billion in assets under management, New York Life Investments is comprised of the affiliated global asset management businesses of its parent company, New York Life Insurance Company (New York Life), and offers clients access to specialized, independent investment teams through its family of affiliated boutiques.

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