Â鶹´«Ã½

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
≔ Menu
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Synechron launches new accelerator solution for LIBOR
Industry news

Synechron launches new accelerator solution for LIBOR


26 July 2019 London
Reporter: Maddie Saghir

Generic business image for news article
Image: Shutterstock
Synechron has launched the Data Science Accelerator for the London Interbank Offered Rate (LIBOR) Impact Analysis.

The accelerator will help financial services firms solve complex benchmarking challenges approaching the 2021 LIBOR phase-out deadline.

In addition, it is set to help financial services tap into a digital and data science toolkit to help drive larger global enterprise transformation initiatives.

The accelerator for LIBOR Impact Analysis enables financial institutions to identify and quantify their LIBOR exposure at either a contract level or across all contracts within an institution.

It can also identify and quantify LIBOR exposure at the contract level, or across all contracts within an institution.

The accelerator then allows contracts to be revalued using alternative rates and valuation models for a dramatic reduction of manual LIBOR impact assessments and enhanced productivity.

Faisal Husain, co-founder and CEO of Synechron, commented: “Synechron’s Accelerator Programmes are business-driven solutions to complex problems our clients are facing every day. They provide strategies to address rapid changes in the regulatory landscape and digital transformation.â€


NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →