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GARP Benchmarking Initiative (GBI)®

Addressing the need for evidence-based policymaking and risk management research through the provision of industry benchmarking studies.

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About GBI

GBI was launched by GARP in 2012 for banks to compare risk measures against realistic benchmark portfolios. They quickly pivoted to becoming an independent, non-partisan platform conducting cross-border benchmarking studies with efficiency, security, and transparency. Today, GBI is a trusted partner for collecting and analyzing sensitive data in today’s rapidly changing and interconnected marketplace, with over 100 quantitative and qualitative studies completed on a range of timely risk management topics.

How GBI Works

Data Collection

Data collection and validation under GBI is seamless, efficient, and timely, allowing for greater consistency and accuracy.

Communication

As part of our commitment to working in a secure, standardized manner, financial institutions submit data and communicate directly, and only, with GBI.

Security

A secure data collection environment, with pre-agreed NDAs and confidentiality protocols, allow for multiple studies to be conducted in parallel with data anonymity. In addition, all data transmissions are secured with 256-bit encryption.

How GBI Works

How GBI Works

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Data Collection

Data collection and validation under GBI is seamless, efficient, and timely, allowing for greater consistency and accuracy.

Communication

As part of our commitment to working in a secure, standardized manner, financial institutions submit data and communicate directly, and only, with GBI.

Security

A secure data collection environment, with pre-agreed NDAs and confidentiality protocols, allow for multiple studies to be conducted in parallel with data anonymity. In addition, all data transmissions are secured with 256-bit encryption.

Featured Benchmarking Studies

Learn about some of the recent studies undertaken by GBI.

  • U.S. GSIB NPR Impact Study

    This study will provide the analytical basis for the industry response to the Notice of Proposed Rulemaking (NPR) for Basel IV implementation as it will impact the 8 U.S. G-SIBs. 

    Participating Institutions: 8
    Study type: Regulatory

  • US Trading Book QIS 2023 - Basel IV NPR Response Study

    This study assesses the impact of the US Notice of Proposed Rulemaking (NPR) for Basel IV on firms’ trading books. Given the far-reaching nature of the Fundamental Review of the Trading Book (FRTB) regime, firms are naturally interested in understanding precisely where trading book positions and exposures will be most impacted, in order to better prepare and position themselves for the new requirements.

    Participating Institutions: 8
    Study type: Regulatory

  • Pillar 2 SREP Benchmarking Study

    With the implementation of the new Basel 3 framework, there is likely to be a reduction in the use of internal models and heightened focus on Pillar 2 requirements to identify any double-counting or missing risk under Basel 3 across Pillar 1 and Pillar 2. To help firms to better understand how to position themselves in light of the changing regulatory environment, GBI is undertaking a data-driven benchmarking study to provide greater visibility of final Pillar 2 requirements, ECB SREP scores, and firms’ internal ICAAP assessments, including how this is allocated across a common, industry established, risk taxonomy. The study aims to help banks understand where there may be double-counting and/or missing risk across Pillar 1 and 2 resulting from the new Basel 3 framework.

    Participating Institutions: 8
    Study type: Regulatory

  • Buy-Side Operational Error Benchmarking Study

    This study is being run for the GARP Buy-Side Risk Managers Forum and will allow each member to benchmark itself against the peer group using an operational risk taxonomy focused on error identification, measurement, management, and remediation.

    Participating Institutions: 17
    Study type: Survey
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U.S. GSIB NPR Impact Study

This study will provide the analytical basis for the industry response to the Notice of Proposed Rulemaking (NPR) for Basel IV implementation as it will impact the 8 U.S. G-SIBs. 

Participating Institutions: 8
Study type: Regulatory
featured-tab-trading-book

US Trading Book QIS 2023 - Basel IV NPR Response Study

This study assesses the impact of the US Notice of Proposed Rulemaking (NPR) for Basel IV on firms’ trading books. Given the far-reaching nature of the Fundamental Review of the Trading Book (FRTB) regime, firms are naturally interested in understanding precisely where trading book positions and exposures will be most impacted, in order to better prepare and position themselves for the new requirements.

Participating Institutions: 8
Study type: Regulatory
featured-tab-pillar2

Pillar 2 SREP Benchmarking Study

With the implementation of the new Basel 3 framework, there is likely to be a reduction in the use of internal models and heightened focus on Pillar 2 requirements to identify any double-counting or missing risk under Basel 3 across Pillar 1 and Pillar 2. To help firms to better understand how to position themselves in light of the changing regulatory environment, GBI is undertaking a data-driven benchmarking study to provide greater visibility of final Pillar 2 requirements, ECB SREP scores, and firms’ internal ICAAP assessments, including how this is allocated across a common, industry established, risk taxonomy. The study aims to help banks understand where there may be double-counting and/or missing risk across Pillar 1 and 2 resulting from the new Basel 3 framework.

Participating Institutions: 8
Study type: Regulatory
featured-tab-buy-side

Buy-Side Operational Error Benchmarking Study

This study is being run for the GARP Buy-Side Risk Managers Forum and will allow each member to benchmark itself against the peer group using an operational risk taxonomy focused on error identification, measurement, management, and remediation.

Participating Institutions: 17
Study type: Survey

Insights

View GBI's thought leadership on key topics and issues impacting risk managers around the world,
including our Risk Snapshots series, data-driven insights, and more.

Pillar 3+ Data Analytics Platform

GBI’s Pillar 3+ platform is a data utility that collects cross-border regulatory disclosure data. It is ideal for analysts, board members, senior management, risk teams, investor relations groups, and external stakeholders who need insights into a bank’s regulatory capital or relative differences between peer firms at a regional or global level over time.

The platform saves valuable time and makes complex analysis easier, empowering teams with insights into what regulators want and building confidence when preparing your bank’s reports.

Explore some of our findings below.

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Book a Demo

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