LIBOR transition
Jump-start your transition with an AI-powered solution that can digitise, assess and repaper your documents
The processes within LIBOR Transition workflows
Document Digitisation
Transition away from LIBOR by digitising various documents to extract key terms and position data.
Document Repapering
Repaper your legacy documents by checking clauses with impacted positions and automatically calculate rate changes and wording changes.
Enhance LIBOR transition
with Nexus Intelligent Document Processing
The vast increase in accuracy that artificial intelligence offers when dealing with large volumes of complex agreements is crucial to exploring the market opportunities and mitigating the risks of the transition away from LIBOR.
Challenges in LIBOR transition
Globally, the financial services industry and regulators are focused on efforts to choose and transition to alternative risk-free rates (RFR). Financial institutions must analyse and plan for the impact of a transition away from LIBOR (London Interbank Offered Rate) and expect its decommission to greatly impact most of their business functions.
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![Decentralised data sources]()
Decentralised data sources
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![Data quality and inconsistencies]()
Data quality and inconsistencies
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![Complex and dynamic environment]()
Complex and dynamic environment
Be a game-changer with us
One centralised solution
Easily integrates with legacy systems to enhance a full automation process
Data ingestion and processing
Quickly process and verify large volumes of various forms of structured and unstructured data.
Intelligent Automation
Automate repetitive, time-consuming tasks, allowing your employees to spend time on anomolies
Configurable AI models
Learn and adapt to your business rules with expert-in-the-loop feedback
We deliver real competitive advantages to your business
Increase accuracy
Eliminate human error, reduce the risk of security threats and data breaches
Boost productivity
Reduce manual intervention and speed up processing times
Reduce costs
Automated solutions delivered 24/7 contribute to corporate-wide cost savings
Free-up capacity
Free up employees’ time to do more valuable work and increase employee satisfaction
