Time is ticking

LIBOR’s demise as a trusted benchmark presents a seismic challenge to the financial services industry. Time is ticking down to its planned replacement in 2021. As alternative rates and new products emerge, market participants must determine the risks to their businesses and decide their transition strategies.

Structural differences between LIBOR and its proposed replacements make operational uncertainty unavoidable. These challenges are further exacerbated by looming unknowns in market conventions, market structure and legal certainty.

How can we help?

We work with firms on critical strategic and operational measures in preparation for transition. Our team guides numerous organisations through the planning and implementation of necessary changes. We can help you prepare for new products, leveraging alternative risk-free rates (RFR) and the remediation of legacy contracts referencing LIBOR.

The nature and scope of what lies ahead is vast, impacting businesses, operations and support functions. On this page, you’ll find insights on what you need to consider as part of your plans and programs. Explore how banks and buy-side entities are managing the challenges faced as we move to the new risk-free rates.

Please click below to read our thought leadership, technical insight and regulatory round-ups of the latest news and views emerging in this period of transition. To discuss your LIBOR transition journey in further detail, please contact James Lewis.