BIP. Monticello Consulting Group

  • About Us
    • Home
    • Who We Are
    • What We Do
    • Leadership
    • Corporate Responsibility
    • Locations
  • Services
    • Digital Transformation
    • Change Management
    • Financial Services Advisory
    • Cyber Services
  • Careers
    • The BIP.Monticello Difference
    • A Day in the Life
    • Build Your Career
    • Your Career
    • Join Us
  • Case Studies & Insights
    • Case Studies
    • Insights
    • Global Perspectives
  • Brochure
  • Contact
    • Home
    • Who We Are
    • What We Do
    • Leadership
    • Corporate Responsibility
    • Locations
    • Digital Transformation
    • Change Management
    • Financial Services Advisory
    • Cyber Services
    • The BIP.Monticello Difference
    • A Day in the Life
    • Build Your Career
    • Your Career
    • Join Us
    • Case Studies
    • Insights
    • Global Perspectives
  • Brochure
  • Contact

Events

SM Post FinalVF.PNG

Monticello Leadership Team Convenes to Discuss the State of (L)IBOR in 2021

Alan Scott January 28, 2021

The Monticello Consulting Group (L)I​BOR ​Center of Excellence (COE) team conducted their monthly summit earlier this week.  The team discussed the impact of the most recent regulatory guidelines and milestones across the various (L)I​BOR benchmarks.  One recurring theme of the conversation was the deviation in market adoption and banking institution momentum related to the various risk-free alternatives.  Where SONIA and SARON have gained momentum in the market, it appears SOFR and ESTR are lagging behind. In addition, 2021 continues to see a market that strongly prefers a credit sensitive rate that reflects cost of funding, similar to what (L)IBOR rates offer.

The (L)I​BOR COE team explored drivers for this dichotomy including the analysis of industry charts depicting the spreads of SOFR to USD LIBOR being far greater than the spreads of SONIA to GBP LIBOR and the cause​s for the variance in spread.  In addition to how ​the spread from LIBOR may impact adoption, the group discussed jurisdictional risk-sensitive IBOR alternatives to the BBA published rates such as AMERIBOR. EURIBOR, and TIBOR that have been gaining favor. 

As consultants, our ability to knowledge exchange and bring different perspectives on a single challenge gives us the ability to pose different scenarios to our clients.  As we continue to support our clients on the (L)IBOR transition, we recognize that the end-state market has not solidified, and our goal is be ready for and anticipate future change.

For the latest news, insights, and transition timelines, please visit our (L)IBOR Center of Excellence here.

  • Events
  • Older
  • Newer
linkedin facebook instagram-unauth twitter-unauth
  • Privacy Policy
  • Press Kit
  • Events

2023 BIP.MONTICELLO      |     ALL RIGHTS RESERVED ©

It is BIP.Monticello’s policy to provide equal employment opportunities to all individuals based on job-related qualifications and ability to perform a job, without regard to age, gender, gender identity, sexual orientation, race, color, religion, creed, national origin, disability, genetic information, veteran status, citizenship or marital status, and to maintain a non-discriminatory environment free from intimidation, harassment or bias based upon these grounds.

BIP. Monticello Consulting Group

Monticello Consulting Group is a trusted management consulting firm servicing clients in the global financial services industry. Our mission is simple—to provide exceptional management consulting services by focusing on three core principles for our clients: value creation, superior execution, and uncompromising integrity.

linkedin facebook instagram-unauth twitter-unauth