Hexaware endeavors to explore the potential impact and challenges during the Libor transition and the best techniques to overcome the challenges faced during the transitioning process. Libor transitioning offers numerous challenges in terms of the product complexity, contracts remediation, IT application changes and financial as well as operational risks.
Hexaware offering combats the Libor transitioning challenges effectively with smart techniques such as Unified Command Center (UCC) approach, User-led ML (Machine Learning) and NLP technologies, Automation based tools and exhaustive impact analysis, etc.
The Hexaware advantages include its partners OpenRisk and RiskCounts as well as the expert solutions for many of the end to end processes including:
- Strategic Consulting
- Process Implementation
- Contracts Management
- Application Changes
- Application Testing
