1489313 - Hogan Lovells FIS Horizons 2021 update - Flipbook - Page 45
Financial Institutions Horizons
45
Hogan Lovells LIBOR Tool
The legal and operational issues surrounding a transition from LIBOR (including
litigation risk) to new risk free rates (RFRs) are complex and wide-ranging. A successful
repapering exercise requires a precise understanding of those legal issues in the context
of the client’s business, as well as the practical realities of the financial markets’
transition to new RFRs across different currencies and financial products.
We have developed a “one-stop-shop” solution
to support clients in light of the discontinuation
of LIBOR after 2021, with an advanced delivery
toolkit to provide legal expertise using alternative
resourcing through Hogan Lovells Legal Delivery
Center and low-cost delivery outsourcing firms,
including Cognia Legal and Elevate and AI
technology through our partnership with FTI
Consulting.
We have built an innovative, highly scalable and
efficient delivery model leveraging AI, alternative
delivery models and cutting edge legal expertise.
Our market insight, coupled with our connectivity to
regulatory bodies, has allowed us to develop a hybrid
process that combines the best people with the most
advanced legal technologies to deliver a premium
LIBOR replacement service at a reduced cost.
We would be delighted to discuss this solution
with you in more detail. Please contact any of our
core team members to learn more.
Hogan Lovells
LIBOR Tool
Advanced technology
Through our partnership with FTI
Consulting to deliver automated
contract review using Kira and
our Contract Intelligence and
contract automation.
Legal expertise
Hogan Lovells legal expertise from our
team with world-class experience in
financial services and regulatory law/
changes.
Alternative resourcing
Leveraging flexible and scalable
resource through Hogan Lovells
Legal Delivery Centers, Cognia Law
and Elevate.
