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Many Firms Lack LIBOR Transition Plans: Survey

May 7, 2021 by Eugene Grygo

Many Firms Lack LIBOR Transition Plans: Survey

Some financial services firms are taking their sweet time to transition away from the scandal-ridden London Inter-bank Offered Rate (LIBOR) benchmark to the relatively new Secured Overnight Finance Rate (SOFR), according to a new report from consultancy Duff & Phelps. Duff & Phelps last month released the results of a survey that finds nearly half… Read More >>

Filed Under: FTF Bull Run Blog, Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Risk Management, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, Standards, Opinion, Minding the Gap, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: back office, Bloomberg Index, collateral management, derivatives, LIBOR, London Interbank Offered Rate (Libor), SOFR, wall street

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