Tag : LIBOR Transition

KBC Bank Chooses Finastra for Libor Transition
Banking Business Fintech News

KBC Bank Chooses Finastra for Libor Transition

Fintech News Desk
by Fintech News Desk0
KBC Bank, a Belgium-based bank with operations across Europe, US and Asia Pacific, has chosen Finastra to help manage its transition through the upcoming interbank references rates changes. It has selected Fusion Loan IQ Alternate Reference Rates (ARR) module to manage new rates and to expand its lending business. The......
Banking Fintech Guest Posts

5 Things You Need to Know about the LIBOR Transition

Bruce Orcutt
by Bruce Orcutt0
LIBOR has often been regarded as the world’s most important number. It’s one of the most widely utilized interest rates in the world used for tens of millions of financial contracts worth more than USD 300 trillion globally. Its cessation December 31, 2021 will alter financial markets around the globe......
Finastra Launches LIBOR Transition Calculator Service
Fintech News Risk Management

Finastra Launches LIBOR Transition Calculator Service

Fintech News Desk
by Fintech News Desk0
Finastra announced the availability of Fusion LIBOR Transition Calculator, a service that enables banks to calculate Alternate Reference Rates (ARR) or Risk-Free Rates (RFR). The calculator service works independently of Fusion Loan IQ, Finastra’s commercial lending solution. Built on FusionFabric.cloud, Finastra’s open innovation platform, the calculator’s open API facilitates the integration with systems that......
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