Transitioning OTC IR Swaps onto the SONIA benchmark

triReduce benchmark conversion: Transitioning OTC IR swaps onto the SONIA benchmark

1. Determine your needs:
   • Cleared versus non-cleared exposure to ICE Libor swaps
   • Conversion of directional versus bidirectional portfolio
2. Consider hedge accounting implications for your transition efforts
3. Maximise trade submission across your organisation, segregating books/desks where necessary
4. Understand how triReduce provides the industry with a common set of outright and basis risk controls that can be utilised to facilitate conversion

Learn how triReduce can help diminish uncertainty through proactive, orderly adoption of SONIA