Rapid Regulatory Response

VALUE PROPOSITION
The bank was required to migrate all IBOR affected facilities that were maturing beyond a given date
A review of hundreds of thousands of documents from multiple business units was required to create a complete picture of the facilities impacted by IBOR
Heavy reliance on on-premise applications and bespoke spreadsheets limited the bank’s ability to identify all affected facilities without extensive manual labour
Fragmentation was compounded by a lack of integration between on-premise systems in multiple jurisdictions, and the absence of workflows, dashboards and data pipes
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