HDFC Bank adopts Bloomberg's Multi-Asset Risk System to support transition to risk-free rates - NewsBreak

Bloomberg announced today that HDFC Bank, India's largest private sector bank, has adopted Bloomberg's Multi-Asset Risk System (MARS) in its technology stack, as it prepares for the transition to risk-free rates (RFR). With the December 2021 deadline of LIBOR cessation approaching for banks, HDFC Bank will adopt and integrate Bloomberg...