eBrevia, a DFIN Company, Helps Clients Prepare for Fast-approaching LIBOR Transition
eBrevia, a Donnelley Financial Solutions (NYSE: DFIN) company, today announced its latest software release focused on helping financial institutions transition from the London Inter-Bank Offered Rate (LIBOR), a globally recognized base rate for financial services. LIBOR has been in use since the 1970s and today it is a reference for an estimated $350 trillion of loans, securities, and derivatives worldwide. The challenge facing many financial institutions is that LIBOR is expected to cease publication or...