LIBOR - Beat the Transition Deadline
$350 TRILLION - That’s the estimated value of financial contracts underpinned by LIBOR. Are you ready to meet the December 2021 LIBOR transition deadline?
In July 2017, the Financial Conduct Authority (FCA) announced its decision to stop publishing LIBOR (London Inter Bank Operating Rate) by end 2021. This has necessitated financial institutions and corporates to urgently implement a LIBOR transition strategy.
EvoluteIQ and AntWorks have combined to provide financial organisations and corporates with an end-to-end LIBOR Transition Automation Solution, based on Artificial Intelligence (AI) technology, which enables them to meet this pressing LIBOR transition deadline – faster, more accurately, with fewer people and at significantly less cost.