By Jeffrey Catanzaro - Executive Vice President, Integreon
By now, financial institutions are well aware that LIBOR (London Interbank Offered Rate) will phase out as of December 31, 2021. Within the Contracts and Compliance group at Integreon, we are seeing LIBOR preparation engines heating up fast for our financial clients and their law firms. Organizations are emerging from pandemic-induced lulls to face the immense contract repapering projects that LIBOR transition will require.
Integreon provides financial institutions with experienced and flexible teams. We can adjust our role and scale up or down over the course of a project, depending on the client’s evolving needs.