After 30-plus years as the industry standard benchmark, the London Interbank Offered Rate (LIBOR), is coming to an end. LIBOR is an interest rate average that banks use as a globally accepted benchmark to define borrowing costs.

You may be aware of LIBOR and how its discontinuation impacts almost every industry. While you may have even started the necessary measures to prepare your organization for this change, many organizations may not fully understand the scale of this issue and to what extent it will impact their businesses. Even for those who are aware, the problem might seem insurmountable or they may not know where to start.

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