LIBOR Transition Services

Are You Ready?

With LIBOR set to phase out by December 31, 2021, most financial services organizations and other companies around the world are facing the arduous task of remediating a large number of documents and contractual agreements.

The lack of a well architected plan for LIBOR can incur increased risk and cost, so it is important to work with a partner with the experience to help you efficiently and comprehensively plan, implement and execute your transition to an Alternative Reference Rate.

Morae specializes in providing expedited LIBOR transition and other similar legal and compliance solutions. We can assist with end-to-end LIBOR challenges as well as any component part of the program. Our capabilities include determining which contracts meet the risk criteria, efficient identification and analysis of the data and documents that matter, document drafting and end-to-end negotiation.

As a more comprehensive solution, Morae is also collaborating on LIBOR (and more broadly IBOR) transition with Mayer Brown, a global law firm with uniquely integrated service across the world’s three largest financial centers—New York, London and Hong Kong, to assist our joint clients as they embark on transitioning to alternative reference rates. Our combined legal and technology know-how provides a “one-stop shop” for organizations preparing for the discontinuation of LIBOR. This includes a regular series of jointly presented webinars and podcasts.

Beyond LIBOR, we can also support your corporate transactions and other large-scale due diligence and repapering exercises to meet time and budget sensitive requirements. This includes contract life cycle management programs for a wide array of contract types, including commercial, real estate, trading and securitizations. We help our clients to separate fact from fiction in the realm of cutting-edge technology, such as artificial intelligence.

Our capabilities include:

CONSULTING& DATA STRATEGY

  • Risk Assessment
  • Data Collection
  • Contract Analysis & Classification
  • Quantitative Analysis
  • Data Remediation Strategy
  • Technology selection
  • Program Management

REPORTING & INSIGHTS

  • AI for Performance Insights
  • AI for Risk Identification
  • Conduct & Risk Training

REPAPERING

  • Client Outreach
  • Negotiations
  • Data Repository

REMEDIATION

  • Data Preparation & Extraction
  • Clause Library creation
  • Data Integration
  • Calibration & Testing

LEGAL ADVISORY SERVICES

  • Access to legal advice through partnerships with leading global law firms

Morae is trusted around the world for legal and compliance services. We currently work with 9 of the top 20 investment banks, asset managers and other financial institutions as well as global Fortune 100 clients in the life sciences, energy, manufacturing and real estate industries.

Hear what one of our clients had to say after their legal department was just recently honored with the 2019 Process Improvement Award from Buying Legal Counsel:

“We view Morae as an extension of Pearson’s broader legal team. In this capacity, they directly interact with our customers, our internal clients, and our external vendors in the handling of transactions throughout the entire spectrum of those transactions. Morae has been with us every step of the way of our transformation and has been a fantastic partner.”

Bob Mignanelli, Senior Vice President, Pearson PLC

Buying Legal 2019 Award Winner