“Some say only two things in life are guaranteed: death and taxes. But I say there are actually three: death, taxes, and the end of LIBOR.”
- John Williams, president of the Federal Reserve Bank of New York, “LIBOR: The Clock is Ticking.”
Salient accelerates the first step of your transition plan by helping identify LIBOR linked contracts.
Fallback provision language varies significantly but that isn't a problem for Salient's AI powered search.
Many types of contracts, some obvious, others more subtle, may have an IBOR dependence.