There are many benefits from moving away from term IBOR rates onto overnight Risk-Free Rates (e.g. the reduction of complexities in pricing) but the transition effort can be daunting. This paper will show that using new technologies and platforms can make the transition process much easier. We will focus on how financial institutions can leverage the scale and economics of the Cloud to cope with the changes.
Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top 100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers. Learn more at finastra.com