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2020 was a busy year for global benchmark transition, and the coronavirus pandemic did little to slow the pace. The end of 2020 saw an unexpected development that caused the market to pause – the potential delay of the cessation of all but two of the USD LIBOR tenors from the end of December 2021 to the end of June 2023.
In 2021, we continue preparing for the replacement of LIBOR. Our next “Latest from the LIBOR Front” webinar is set for Thursday, 4 February 2021 and Scott O’Malia, ISDA CEO will join us for our next LIBORcast.
Bloomberg Launches Short Term Credit Sensitive Index to Support IBOR Transition prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
BCI, a Leading Latin American Bank, Selects Temenos to Launch New Corporate Bank in Peru
BCI, a Leading Latin American Bank, Selects Temenos to Launch New Corporate Bank in Peru Temenos (SIX: TEMN), the banking software company today announced that Banco de Crdito e Inversiones (BCI), Chile’s third largest bank, selected Temenos advanced technology to launch a new corporate bank in Peru. BCI chose Temenos Transact, including the payments solution, as well as Temenos Infinity, the omnichannel digital banking product, to drive its growth strategy and deliver corporate banking and trade finance services to primarily Chilean enterprises with operations in Peru, as well as Peruvian corporate clients. Using Temenos technology, the new bank plans to launch in 2021.
/PRNewswire/ KBC Bank, a Belgium-based bank with operations across Europe, US and Asia Pacific, has chosen Finastra to help manage its transition through.