LIBOR transition is not going to be an easy ride for treasurers. Without a system, calculating rates’ settings and accruals which are complex and difficult, represents a formidable challenge. Employing EXCEL as a solution will be an awkward and inelegant solution. EXCEL may be just about get you by on managing a very small loan portfolio, but it just won’t scale to loan books of even a modest size.
We have already transitioned some loans for our clients. Our Cloud-based LIBOR Transition Product and Service includes portfolio management, rates settings, accruals and sophisticated dynamic dashboard reporting.
Visit our website: https://salmonsoftware.ie/libor-transition/