Transitioning to a post-LIBOR world: How to manage risks and seize opportunities in a changing environment

Libor is a cornerstone of today’s financial industry, underpinning an estimated $350 trillion in contracts. The size, scale and scope of Libor usage makes the transition to a post-Libor world by 2021 arguably one of the biggest challenges facing financial firms.

This webinar provides a critical understanding of Libor’s current status, the transition, building curves, valuation and modelling, and advancing technology to prepare for market changes.

Key topics discussed:

  • The current status of the risk-free rate (RFR) transition plan and how market participants are using RFRs Valuation Adjustment
  • How market participants can prepare for and manage a forced transition via fallback language
  • The best approach to building curves in less liquid RFR markets and what additional risk management measures are required
  • How and when RFR liquidity can reach critical mass
  • The impact of shifting from liquid Libor to less liquid RFRs and how will that will impact derivatives pricing
  • The wider impacts of losing a rate that is so prevalent in valuation, risk and forecasting models
  • A checklist for systems upgrades – the size of the IT challenge and what changes firms need to make

 

Featured SpeakerS:

Liang Wu, Vice-president of financial engineering, Numerix

Philip Whitehurst, Head of service development rates, SwapClear, LCH

Edward Ocampo, Former senior adviser, Bank of England

Jasper Lillingston, Director, Treasury, European Bank for Reconstruction and Development

 

Moderator: Helen Bartholomew, Editor-at-large, Risk.net
 

 

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