Category: Digital Finance & Tech
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Understanding SOFR: The New Benchmark for Global Credit Markets
Is the transition to the SOFR interest rate benchmark going to push the proverbial button on the GCR? It seems that nearly every event in the financial economy is labeled as a “the trigger” for Our GCR. This is simply not the case. My regular readers know my position on Our GCR release being the…
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ISO20022 QFS Explained: It’s a Messaging Standard – Not a Payment System
There is a lot of talk in GCR Land about ISO20022. Most notably, that this Standard is somehow synonymous with the QFS. But is it? In this article, we will explore the key features of ISO20022, its benefits, and how it is being adopted by the financial industry. We will also answer one of the…