We invite you to shape the future of IBM, including product roadmaps, by submitting ideas that matter to you the most. Here's how it works:
Post your ideas
Post ideas and requests to enhance a product or service. Take a look at ideas others have posted and upvote them if they matter to you,
Post an idea
Upvote ideas that matter most to you
Get feedback from the IBM team to refine your idea
Help IBM prioritize your ideas and requests
The IBM team may need your help to refine the ideas so they may ask for more information or feedback. The product management team will then decide if they can begin working on your idea. If they can start during the next development cycle, they will put the idea on the priority list. Each team at IBM works on a different schedule, where some ideas can be implemented right away, others may be placed on a different schedule.
Receive notification on the decision
Some ideas can be implemented at IBM, while others may not fit within the development plans for the product. In either case, the team will let you know as soon as possible. In some cases, we may be able to find alternatives for ideas which cannot be implemented in a reasonable time.
LIBOR replacement in ISDA contracts between Banks and their clients
Most derivatives contracts currently written use ISDA contractual language and most of these also refer to LIBOR as the benchmark interest rates. By 2021 it has been mandated that LIBOR will be replaced, so there is a massive repapering exercise at each bank and counterparty to examine the ISDA contracts, identify a replacement and agree this with the client. There are three types of contracts that matter,1-those that expire before 2021, 2- those that expire after 2021 but didn't know about LIBOR replacement and 3-than that expire after 2021 but did know about it.
Who would benefit from this IDEA?
Banks, corporates, ETF's - The board would like to know that the billions of dollars in counterparty arrangements are legally secure
Do not place IBM confidential, company confidential, or personal information into any field.