Moving Away From LIBOR: Are You Ready?
The Financial Conduct Authority (FCA) announced plans to retire LIBOR by 2021 because of LIBOR's inherent structural weakness. This change is estimated to impact over $350 trillion worth of contracts, and to manage the transition, companies and financial institutions alike must review every aspect of their business that uses the LIBOR and all other IBOR-based benchmarks.
Such a gargantuan effort requires a scalable, measured approach supported by purpose-built technologies. You need to consider solutions that deliver a secure and intelligent platform to automate updates and approvals of impacted contracts.
View this On-demand webinar to:
- Understand the challenges and potential impact to your business
- Determine key steps to start preparing for the change
- Understand why an integrated technology approach can help streamline this transition