Fact Sheet

Kyriba’s Support for a Smooth and Effective LIBOR Transition

Libor transition fs

Organizations currently using LIBOR as a benchmark for financial contracts and pricing have until December 31, 2021 to complete their transition to new risk free indices. Since 2018, Kyriba has collaborated with official working groups, industry bodies, leading accountancy firms and other market participants in every affected region. This has kept our product teams closely aligned to the latest LIBOR transition developments and market practices allowing us to provide the requisite updates to functionality and reporting.