LIBOR Module

While uncertainty still remains about what the migration path from LIBOR, EURIBOR and other rates affected by the reform really is, there is no doubt that change is inevitable.

The one part that is certain therefore, is being able to identify which of your contracts are affected:        

  • They reference one of the rates;
  • They will not have terminated before the rate ceases to be available;
  • The fallback in the case of the rate being available does not properly account for this eventuality

Lyncs IBOR project module is designed to help with exactly this problem.  The new module includes configurable models for commonly affected document types such as loan agreements, derivatives documents and trade confirmation, and brand new simplified onboarding, classification and data extraction pack developed around IBOR, backed by the Lyncs existing market leading contract data management platform.  

I’m really excited about the new direction we’re taking the platform in.  Generic contract analysis platforms can’t really compete with us on complex data management for financial services, but we’ve always recognised that some challenges also need the ability to sift through loads of scans, find the ones you care about and do something with them.  With these changes we’ve simplified that step,making Lyncs a one-stop contract data management solution for the financial services industry.” said Paul Kelly, Managing Director and Product Owner for the Lyncs solution

Stop dealing with contract management as one-off projects and come and speak to us about how to manage the data more strategically.