"Without a good handle on their data, firms can not steer their programmes and have a clear understanding of the impact and associated transition risk".
To get a view on what progress is and isn't being made, we were joined by Baringa partner and IBOR expert, Lucine Tatulian.
2019 saw the mobilisation of many firms' IBOR transition programmes, but with the 2021 deadline looming, regulators have flagged that transition is not happening fast enough. To speed up progress, steer transition programmes and to ultimately be successful, firms must get a handle on their data.