SONIA - Making the Transition

6 Nov 2019 7:30 AM | Michele Fogarty (Administrator)

Peter Shea of Salmon Software discussed the factors that a Treasurer should consider while transitioning to Sonia. The presentation included the following:

  • Brief history of SONIA
  • Background of Salmon Software
  • Collaboration with UK clients to understand the SONIA requirements
  • Development of new modules to accommodate SONIA (interest calculations and accruals)
  • Live demo of the Salmon Treasurer application which show how the SONIA interest and accruals are managed:

o             Daily SONIA interest Rates

o             Loan Management

o             Interest Accruals

o             Interest Dashboards

The purpose of the demo highlighted the many challenges that need to be overcome for people considering using Excel as a tool to manage SONIA based instruments.

Evening Meeting:

“International Tax and Transfer Pricing “

Hosted 5 March 2019


Petrina Smyth, EY

Kevin O’Hehir, Bank of Ireland

Ken Byrne, Smurfit Kappa

Click HERE to view presentation


European Association of Corporate Treasurers (EACT)

International Group of Treasury Associations (IGTA)

+353 1 610 8574 
Address: PO Box 10104, Lucan, Co Dublin


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