Ion Treasury knew 2020 would be a busy year. Even before the risk management challenges central banks faced in their interventions during market turmoil brought about by Covid-19, many of the firm’s clients would also need assistance to meet the Libor transition target of December 2021. 

Ion, which includes Wall Street Systems and Openlink Financial, has 66 central bank clients that needed to “respond and adapt” to “market challenges triggered by large monetary stimulus packages, ultra-low