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LIBOR Transition

Are You Ready?

With LIBOR set to phase out after 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.

Business Partners

Our Area of Expertise

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.

In Collaboration With Mayer Brown

As a more comprehensive solution, we are 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.

Mayer Brown - Libor Transition Podcast
LIBOR Technology

Our Technology Partners

Morae’s multidisciplinary approach combined with decades of experience in implementing third party technology solutions ensures we can help you to cut through the hype and architect the ideal solution to suit your specific needs. We work with over 50 technology partners for a range of legal and compliance services, including six key technology partners specific to our LIBOR solutions.

Our LIBOR offering can be setup as an end-to-end solution or an unbundled component solution based on the needs of the client.

Program Design

Our decades of experience with technology, enterprise change and large-scale repapering allows us to craft cost effective solutions that mitigate risk.

Document Collection

We migrated over 1 Billion documents in 2019 alone. We understand how to drive best practices in the collection of documents.

Initial Triage & Analysis

We understand how to efficiently reduce document populations down to only what matters, including with a 99% accuracy rate in our analysis of LIBOR agreements.

Structured Data Creation

We have successfully created normalized, structured data and project dashboards for some of the world’s largest corporations, including the world’s largest remediation of derivatives documentation.

Negotiation & Repapering

We assist clients with gap analysis, document drafting and on through full negotiation and remediation. We have experience with all agreement types commonly impacted by LIBOR.

Reporting & Monitoring

We can serve as a partner that not only executes the project but also manages it from a program management and business analysis perspective.

Trusted the World Over

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.

Get in touch with us to learn more.

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