Legacy and S&P: Difference between pages

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imported>Doug Williamson
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'Legacy' refers to older systems, contracts or other arrangements, implemented before current systems, regulations or other market conditions, but still having a remaining life until their retirement or final maturity.
1.  


Standard and Poor's Ratings Services.


:<span style="color:#4B0082">'''''Legacy RTGS systems'''''</span>


:"TARGET2 is run by the Eurosystem under the responsibility of the Governing Council of the ECB. The NCBs of France, Germany and Italy jointly provide the single technical infrastructure and operate it on behalf of the Eurosystem. All of the eurozone countries have migrated to TARGET2 and have chosen to close their legacy RTGS systems upon migration."
2.  


:''The Treasurer's Handbook, Payments and payment systems.''
One of the stock indices calculated and published by Standard and Poor's. For example the S&P 500.




:<span style="color:#4B0082">'''''Legacy LIBOR contracts'''''</span>
== See also ==
* [[Credit rating]]
* [[Euro Stoxx 50]]
* [[S&P 500]]
* [[Standard & Poor's ]]


:"Legacy contracts are those that do not mature until after the end of 2021. Depending on the financial product under consideration (loan, derivative etc), the precise response to the disappearance of LIBOR will vary."
[[Category:Corporate_finance]]
 
[[Category:Long_term_funding]]
:''ACT Briefing Note, Transition to risk free rate benchmarks.''
[[Category:Treasury_operations_infrastructure]]
 
 
==See also==
*[[ECB]]
*[[Eurosystem]]
*[[Eurozone]]
*[[Fallback]]
*[[LIBOR]]
*[[NCB]]
*[[Payments and payment systems]]
*[[Risk-free rates]]
*[[RTGS]]
*[[TARGET2]]
*[[Tough legacy]]
 
[[Category:Financial_products_and_markets]]
[[Category:Technology]]

Latest revision as of 19:15, 14 April 2019

1.

Standard and Poor's Ratings Services.


2.

One of the stock indices calculated and published by Standard and Poor's. For example the S&P 500.


See also