Capitalab announced it has successfully completed its third execution of a new USD LIBOR to SOFR swaption migration service, supported by 10 major global investment banking groups.
This pioneering new service seamlessly switches LIBOR-referenced USD swaptions into vanilla SOFR swaptions, removing complexities caused by the impact of ISDA supplements on the legacy LIBOR portfolio and LIBOR fallback rules.
Capitolis Acquires BGC Group’s Compression & Optimization Business, Capitalab, to Accelerate Rapid Growth
Expands Capitolis business into Rates Portfolio Compression & Margin Optimization
Capitalab Founder and CEO Gavin Jackson to join Capitolis executive team