Skip to Main Content
Quantum Ideas Portal
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).

Users will receive weekly email updates that highlight new activity. Users will receive emails for their created ideas when:

  • Status changes

  • Comment changes

Be aware that when you post content, other community members will see your name. FIS is not responsible for content posted by other Aha! Ideas Portal Users.


Status Likely to implement
Categories Strategic
Created by Mark Zumbraegel
Created on Jan 14, 2022

RFR interest calc using Observation Period Days

A new interest calculation methodology is required that uses the Observation Period days instead of the Interest Period days to calculate the interest for SOFR transactions. This is required for FRNs, Yield Periodic and IRS deals.

Specific language provided by a client is:

The amount of interest accrued and payable on the notes for each Interest Period will be equal to the product of (1) the outstanding principal

amount of the notes multiplied by (2) the product of (a) the Interest Rate for the relevant Interest Period multiplied

by (b) the quotient of the actual number of calendar days in the Observation Period divided by 360.


Work in
QNTM-E-2968 RFR - Observation Period Days
  • Attach files