Interbank Offer Rate

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Interbank Offer Rate

The interest rate that banks in a jurisdiction charge one another for short-term, interbank loans. Major interbank offer rates, notably LIBOR and HIBOR, are considered key benchmark interest rates in the wider economies. Interest rate swaps, for example, often use an interbank offer rate as the reference rate for the floating payer.
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We believe that IBOR is a platform for the future that will drive innovation and lead to the cities of tomorrow.
While the term IBOR may have initially seemed a buzzword, the concept has become increasingly prevalent industry-wide and across the globe.
The key factors determining the success of an entry were the tangible business benefits offered by an IBOR that provide user firms with a competitive advantage.
We have invested heavily in developing our IBOR platform so that it responds to the biggest challenges facing the industry.
SimCorp's IBOR Manager provides accurate, up-to-date positions, operational efficiencies and on-demand access to portfolio calculations across all asset classes.
8 further boosts SimCorp's strong position as a compelling IBOR provider," says Klaus Holse, CEO at SimCorp.
Firms should consider adopting a data-centric approach to their portfolio management and IBOR, where the investment data for all assets is available through a single, centralized database," Cullen added.
In recent years, IBOR has emerged as a valuable tool for investment managers, both in handling the abundance of information and meeting new financial regulations.
Once implemented, SimCorp's front office solution will provide Folketrygdfondet the full benefit of an enterprise front to back platform as well as SimCorp Dimension's integrated IBOR.
The municipality Noordenveld municipality IBOR Slochteren and the Province of Groningen will make later in the area of ?
SimCorp Dimension's IBOR puts timely, accurate and actionable information in the hands of investment professionals -- the real drivers of investment performance.
Being recognized as the best IBOR solution provider is a huge honor, especially since we believe a well designed and implemented IBOR solution is the platform on and through which investment managers can execute their business strategy," said Marc Mallett, Vice President of Product and Managed Services, SimCorp North America.