A holistic migration approach, covering all aspects of the transition.
We understand that the LIBOR transition is a cross-functional initiative for financial institutions. In consultation with ex-bankers, risk managers, tech specialists, regulators and partners, Intellect brings to you a comprehensive set of services for the LIBOR transition. Intellect LIBOR Transition facilitates fast and secure means of migrating to RFRs (Risk-Free Rates), through the four pillars of:
The transition from LIBOR will mean considerable cost and risks for impacted enterprises. The impact would be in terms of changing market risk profiles, changes to risk models, valuation tools, product design and hedging strategies. We can help make a timely difference through a holistic migration approach, covering all aspects of the transition. Intellect provides a non-disruptive implementation through a bolt-on centralised rate engine, bringing in flexibility of operations by supporting multiple variations in calculation of realised rate and accurate determination of benefits/loss through a spread analytics module.
Holistic transition approach by including changes to the product processors.
Flexible operations by supporting multiple variations in calculation of realised rate, thereby enabling support for multiple product and/or regions.
<1% error rate for document management related to LIBOR transition.
Low-coding, simplified configurations and out-of-the-box repository of EIP, resulting in lesser bugs.
Non-disruptive implementation through a bolt-on centralised rate engine.
Comprehensive coverage of the transition process, mitigating the associated risks.
Accurate determination of benefits/loss through a spread analytics module and enabling banks to select the optimal adjustments to the spread.
Reduction in cycle time in contract identification and remediation.
Shortened integration timelines due to easy extensibility.
Changes to core product processors
Contract ideation and remediation using IDX (Intelligent Data Extraction)
Olive Fabric data aggregation services