Transitioning OTC IR Swaps onto the SONIA benchmark
- Determine your needs:
- Cleared versus non-cleared exposure to ICE Libor swaps
- Conversion of directional versus bidirectional portfolio
- Consider hedge accounting implications for your transition efforts
- Maximise trade submission across your organisation, segregating books/desks where necessary
- Understand how triReduce provides the industry with a common set of outright and basis risk controls that can be utilised to facilitate conversion
Learn how triReduce can help diminish uncertainty through proactive, orderly adoption of SONIA