The LMA launched LMA.Automate on 21 June 2021. The service is available to existing LMA Members, initially for a limited, agreed free trial period and thereafter on a competitive annual subscription based on number of users.
The initial suite of documents includes:
It is the intention to automate further existing LMA templates post-launch including those produced as a result of LIBOR discontinuance at the end of 2021. In particular, we expect to automate the investment grade documentation suite before the end of September 2021. It is also the intention to enhance the functionality of the platform over time to support its full capabilities as an automation tool.