We are delighted to share findings from the third edition of our IBOR Transition Readiness Banking Survey which provides a benchmark on industry progress and summarises what moves are yet to be taken on the path to IBOR transition.
Having interviewed 28 banks between November 2020 – January 2021, our latest survey finds that despite having made progress in transitioning contracts from IBORS, both Global Systemically Important Banks (G-SIBs) and local banks must accelerate progress with the bulk of the transition yet to take place. In brief:
The survey investigates seven key areas of readiness with respondents:
Download our findings below, and reach out if you have a question.