LIBOR Transition

Amidst COVID-19 concerns, there are ongoing regulatory considerations that require attention. Through our direct involvement in the market and regulatory affairs for all segments of the commercial lending business, AFS has been at the forefront of the coming mandatory transition to SOFR, working closely with the ARRC and other industry leaders to provide clarifications on LIBOR and SOFR.

Get the latest and keep on track for the transition with regular LIBOR Update webinars.
Download and listen to past webinars.

9/22/21: LIBOR Transition - The Arrival of Alternative Rates!
Whether you have already transitioned to SOFR or Alternative Rates, or you are currently transitioning, this is information you won't want to miss!


5/19/21: LIBOR Business Roundtable
Automated Financial Systems, Inc. (AFS) and Capital Markets Advisors LLC (CMA) partnered to host the LIBOR Business Roundtable. Our panelists covered a wide range of issues critically important to the successful transition from LIBOR to SOFR, or other acceptable rates. 


4/27/2021: LIBOR Transition 2021 – Taking the Leap!
This webinar gave a complete update for those who have already transitioned to SOFR, or are currently transitioning.


1/20/21: 2021, A Year for Transition - Leaving LIBOR Behind

Presented on 1/20, this webinar included important updates on: · AFS support, including Observation Shift methods · SOFR news · ARRC activities · AFS LIBOR Transition Survey results · Billing Statement overview · Cessations Notice overview 

9/9/20: Getting Ready for SOFR...Transition Time is Here
AFS presented updates on the steps and timing to finally start the transition from LIBOR to SOFR.


5/20/20: AFS is Helping Banks “Spring” into SOFR
During this webinar, AFS experts provided the latest updates and gave live demos of how AFS systems are helping clients “spring” into SOFR.


4/9/20: LIBOR to SOFR Transition Efforts During COVID-19
Questions about the #LIBOR transition? Not sure if you’re ready? At AFS all systems are GO and we’re staying abreast of the latest LIBOR transition developments.


2/20/20: LIBOR Update
This webinar included updates from the ARRC Bank Working Group, AFS LIBOR Survey results, AFS system developments to ensure compliance with new SOFR guidelines and AFS code delivery calendar.


12/4/19: LIBOR Update
AFS reviewed the November 2019 ARRC Bank Working Group presentation "Overview of Interest Calculations Methodologies for Business Loans."



And visit our LIBOR FAQ  page for more insight into this critical topic.