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Finastra expands Fusion LIBOR Transition Calculator

LONDON, Nov. 24, 2021 /PRNewswire/ Finastra has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables

Finastra expands Fusion LIBOR Transition Calculator

Finastra expands Fusion LIBOR Transition Calculator
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Finastra expands Fusion LIBOR Transition Calculator

/PRNewswire/ Finastra has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator. The.

Finastra Expands Fusion LIBOR Transition Calculator

<p><span lang="FR"><a href="http://www.finastra.com/" target=" blank"><span lang="EN-US">Finastra</span></a></span><span lang="EN-US">&nbsp;has introduced additional Alternative Reference Rates (ARR) and Risk-Free Rates (RFRs) to its Fusion LIBOR Transition Calculator. The move enables banks, corporates and borrowers to calculate ARR in preparation for the end of the majority of LIBOR rates on December 31, 2021. In addition to SOFR for the US dollar and SONIA for pounds sterling, the calculator service now incorporates ARR rates &euro;STR for the euro, TONAR for the Japanese yen and RFR rate SORA for the Singapore dollar.</span></p>

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