Francesca Bennetts

Most recently, Francesca has been advising various leading global institutions on their global IBOR transition projects. She is also playing a key role in the development of proprietary client-facing solutions using AI technology, most recently IBORMatrix - a system designed to facilitate the transition away from LIBOR and other interest rates, involving an innovative approach to the use of artificial intelligence.

Previously, Francesca led the design, development, construction and delivery of BrexitMatrix™ – a system designed to implement a large financial institution’s Brexit strategy, covering core areas of a business, including lending, derivatives, stock lending, clearing and repos. It is a cloud-based tool that embeds complex legal analysis and offers document automation, data management, workflow management, project management and data visualisations and was ranked “Standout” in the 2018 FT Innovative Lawyer Awards.

Francesca specialises in OTC derivatives and structured finance transactions and has expertise across various asset classes, including currencies, rates, commodities, equities and credit. She has previously advised the ISDA Credit Derivatives Determinations Committees on credit event, deliverability and successor questions, most notably the Greek sovereign Credit Event. She has advised on a number of high profile advisory syndicates, including in relation to the Portuguese, Greek and Cypriot banking crises and the development of margin compliant account control agreements with various custodians. In addition, she has expertise in advising a number of financial institutions in relation to their global initial and variation margin implementation projects.