Adoption of alternative RFRs in OTC IRS portfolios
Learn how to transition your existing legacy OTC ICE LIBOR swap portfolios to the new alternative reference rates, or risk-free rates (RFRs).
We will explain how triReduce’s award-winning multilateral compression service will be adapted to assist the market and provide a proactive, orderly mechanism for conversion, available to all.
Maximize reduction of gross notional across ICE LIBOR swaps and the alternative benchmark
Convert remainder of ICE LIBOR swap exposure to the alternative benchmark
Will be available to all market participants in 2020
Participants retain complete control of their market risk
A single unified process
Preserves CCP cash flow neutrality
Expandable to all IBORS and CCPs
Deep liquidity pool, proven process and established connectivity to CCPs and market infrastructure
Can support multiple benchmarks and term rates, as required
TriOptima explains how it combines the reduction of gross notional exposure and the conversion of net risk exposure to deliver outsized results, partnering its portfolio compression network with core net ICE Libor over-the-counter swap portfolios.
ARTICLE: How TriOptima can bring its optimization service to LIBOR transition
To mitigate concerns that market participants have concerned with TriOptima, triReduce has developed three solutions to aid the smooth adoption of SOFR based OTC swaps.
Vikash Rughani, business manager at triReduce and triBalance, outlines a new approach enabling buy and sell-side participants to optimise the transition of legacy ICE LIBOR OTC swaps contracts to alternative reference rates.
For more information, or to discuss how TriOptima can help, please complete the form below.
Regulations Asia - Outstanding Project of the Year
for Benchmark Conversion, triReduce
FOW Awards - Best New Product: Post Trade
for Benchmark Conversion