Paced Transition Plan and Pain point: Difference between pages

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''US interest rate benchmarks''.
1.  ''Marketing - sales.''


The Paced Transition Plan is part of the change from LIBOR to successor benchmark interest rates.
In sales and marketing, pain points are specific and significant problems suffered by a customer, or prospective customer.


The Alternative Reference Rates Committee (ARRC) adopted the Paced Transition Plan on 31 October 2017 in order to progressively build the liquidity required to support issuance of contracts referring to SOFR and voluntary transition from USD LIBOR by market participants.
Especially any problem that might motivate a customer to buy goods or services to solve their problem.




==See also==
2.  ''Organisations.''
*[[Alternative Reference Rates Committee]]
 
*[[Federal Reserve]]
More broadly, any problem that is significant enough to have the potential to motivate action.
*[[LIBOR]]
 
*[[Reference rate]]
 
*[[Risk-free rates]]
:<span style="color:#4B0082">'''''Emerging technologies dedicated to pain points'''''</span>
*[[SOFR]]
 
:"... there are high levels of expectation among [survey] respondents that coming investment in emerging technologies will be dedicated to an array of treasury pain points..."
 
:''The Treasurer magazine, Issue 4, November 2021, p11 - Citi Treasury Survey.''
 
 
== See also ==
* [[Digital technology]]
* [[Digitalisation]]
* [[Emerging technologies]]
* [[Fintech]]
 
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Technology]]

Revision as of 16:19, 30 November 2021

1. Marketing - sales.

In sales and marketing, pain points are specific and significant problems suffered by a customer, or prospective customer.

Especially any problem that might motivate a customer to buy goods or services to solve their problem.


2. Organisations.

More broadly, any problem that is significant enough to have the potential to motivate action.


Emerging technologies dedicated to pain points
"... there are high levels of expectation among [survey] respondents that coming investment in emerging technologies will be dedicated to an array of treasury pain points..."
The Treasurer magazine, Issue 4, November 2021, p11 - Citi Treasury Survey.


See also