Is Findur Ready to Model SOFR Swap Trades?

Many in the community are starting to look at the phaseout of LIBOR and move to alternative reference rates such as SOFR. There is still a lot of uncertainty about how the transition will be managed, and participants are growing increasingly concerned about the outlook. In this paper, we look at one small, but important, part of the plan: Findur’s ability to handle SOFR payment calculations.