GARP Benchmarking
Initiative (GBI)^®

Featured GBI™ Studies

• Pillar 2 SREP Benchmarking Study
  • Study type: Regulatory
  • Participating Institutions: 10
  • Data Provided:
  • Study Objective:

    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.

• Buy-Side Operational Error Benchmarking Study
  • Study type: Survey
  • Participating Institutions: 33
  • Data Provided:
  • Study Objective: 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.

• GSIB US NPR Impact Study
  • Study type: Regulatory
  • Participating Institutions: 8
  • Data Provided:
  • Study Objective: 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.