In this podcast series, we’ve discussed the high-level market aspects of the transition away from LIBOR, as well as the legal aspects. In the third and final episode, we discuss the technological and infrastructure implications of the changes with Alexandre Bon, the Group Co-Head for LIBOR and Benchmark reform at Murex in Singapore. Listen in to hear what Alexandre has to say about what transition plans look like, whether relying on the fallback is a reliable strategy, and how to set up systems to support the various transition paths.
Topics Discussed in Today’s Episode:
- Alexandre’s role at Murex
- The main operational and technological changes are that firms have to contend with as they transition away from LIBOR
- What a typical transition plan would look like
- Whether relying solely on the fallback is a reliable strategy
- How firms deal with differences between CCPs
- How systems need to be set up to support different transition paths
- Common questions that Alexandre’s clients ask while preparing to transition
- Advice for firms that want to prepare for the transitions ahead but also keep up with market changes as they happen
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