The reason for peer analysis
The reason for peer analysis
Peer analysis helps firms identify triggers and drivers to understand its business and the market.
In the first year of
The ECB has been
Key features that the ECB are looking for with regard to data include:
- ready access to complete, high quality, reliable and timely data;
- comparable data across firms, to support system‑wide and peer group analysis – including the construction of relevant peer groups on a cross‑border basis, and to streamline analysis of individual firms;
- the ability to perform ‘deep dives’ on areas of concern at an individual bank, peer group or banking sector level; and
- the ability to deploy advanced analytical techniques to detect trends and
pin‑point areas of concern, to enable supervisors to beforward looking and proactive.
Peer group analysis by the ECB may lead to extraordinary results and comparisons. With the level of data and detail available to the ECB, and especially in light of their supervisory lens across the banking sector as a whole, they will have ample opportunity to generate novel insights. However, some banks have commented that while the ECB’s expectations of banks
With the level of demands increasing, and transparency seemingly decreasing, KPMG heard from banks across the EU that they wanted to understand where they stood compared to other banks. Benchmarking studies offer insights into this, and that is why KPMG’s ECB office conducted various benchmark studies (e.g., SREP and leveraged finance among others), but where the information is limited or in some cases confidential, these studies offer limited insights and visibility across peer groups, let alone a comprehensive view
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