CHICAGO – February 14, 2019 – BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, announced its latest innovation in research, the BAI Executive Dashboards for financial services leaders. The Executive Dashboards provide a strategic monthly report using comparative analytics. The first release of this new tool is focused on measuring business and consumer banking key performance metrics derived from participant organizations’ account level data.
BAI developed the Executive Dashboard platform to solve a need in the industry for timely and relevant insights in a regularly updated, high-level overview of key performance metrics relative to peer organizations. Through detailed data visualization, senior financial services leaders can use the BAI Executive Dashboards to compare monthly performance with key competitors to better understand growth and growth potential, as well as understand the organization’s performance relative to the national norm. Some of the key metrics include MMDA, CD, IRA, checking and deposit balance growth, as well as checking account, MMDA and CD interest rates.
“As a nonprofit organization, BAI is trusted with the largest database of account level data in financial services. Bank executives can analyze the information provided in the BAI dashboard to set goals based on relevant, timely research, statistics and insights,” said Karl Dahlgren, managing director of research for BAI. “The new BAI Executive Dashboard provides leaders with a comprehensive, easy to understand snapshot of the most important performance metrics in business and consumer banking.”
As a nonprofit, independent organization, BAI delivers the financial services industry’s most actionable insights, enabling leaders to make smart business decisions every day. We’re passionate about the trusted information and powerful tools that provide leaders with the clarity and confidence needed to drive positive change and move the financial services industry forward. For more information, visit bai.org.
About BAI’s Research
BAI provides trusted, in-depth comparative analytics, including benchmarking research on consumer, business and commercial deposit performance, talent management, marketing and other strategic areas for U.S. banks. BAI’s comparative analytics provide meaningful comparisons and allow financial services leaders to better understand their position relative to others in the industry. In addition to comparative analytics, BAI conducts a variety of research on industry trends and consumer behavior to help financial services leaders fully grasp today’s business dynamics and gain insight into the future. For more information, visit https://bai.org/research.
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