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Welcome to the FIS Treasury and Risk Manager - Quantum Edition Aha! Ideas Portal.

By visiting this portal, you will be able to contribute towards the evolution of the Quantum solution through interactions with other Quantum users, FIS trusted partners and FIS staff from around the world. Each Portal User receives 5 votes. Each user is allowed 1 vote per idea. Votes are reset when an idea is in a final state i.e. Shipped (delivered in the product).

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Status Shipped
Categories Strategic
Created by Mark Zumbraegel
Created on May 6, 2020

Bank Account of RFR rates using daily compounding

Quite a few clients utilize Bank Accounts for intercompany loans which currently reference Libor rates for interest calculations. We need to support the conversion of these to a RFR (SOFR, SONIA, etc) rates plus daily compounding with interest paid at the end of the calculation period.

Work in
QNTM-E-2391 IBOR - Bank Account - Compound Interest
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