An Effective Board Promotes Resilience in Financial Governance
Elevating board practices to meet industry challenges.
Financial Services
An effective financial services board is essential to mitigate risk and build trust
Financial services boards are vital for maintaining stability, fostering innovation, and ensuring regulatory financial sector compliance. They are responsible for strategic decision-making, good governance of risk and performance, safeguarding stakeholder interests and public trust.
An effective board ensures transparency, accountability, and alignment with long-term goals while overseeing regulatory compliance and risk and driving performance and success. By promoting ethical conduct and good governance, financial services boards significantly enhance the resilience and success of institutions. This helps them navigate market fluctuations and regulatory changes while delivering value to shareholders and customers.
How effective is your board compared to similar financial services boards?
You can find out using our world class, sophisticated benchmarking that is displayed in a clear and easy to understand way.
Compare yourself to over 500 other boards
Select the industry or sector which is most relevant to your board
TESTIMONIALS
Don’t take our word for it
How Board Benchmarking helps organisations in the financial services sector
Board Benchmarking provides state of the art solutions to elevate governance standards of boards of financial services organisations. Those boards gain valuable insights into their governance effectiveness by comparing their board practices, structure, and performance against industry benchmarks and peer organisations. This analysis highlights best practices and reveals areas needing improvement, catalysing targeted strategic improvements.
Board Benchmarking empowers financial services boards to refine governance frameworks, strengthen the governance of risk management, and oversee regulatory compliance. Promoting accountability and transparency enhances board effectiveness, supports informed strategic choices, and helps drives long-term growth in a changing market.
THE GOLD STANDARD
Unlock easy to understand data and insights with our benchmarked reporting
Because we have such a large database we can also ensure that large organisations are benchmarked against larger organisations and smaller ones against smaller ones in the same industry or sector. This adds further validity and value to the benchmarked results.
The process starts with a world class, easy to use survey
The 7 point response scale provides just the right calibration of survey responses. Our surveys are even designed to work with a screen reader to cater for those who are vision impaired.
See at a glance see how your board is benchmarked against comparable boards
Our performance dial shows you instantly where your board sits compared to board of similar organisations. If you previously used our survey you will also see the extent to which you board’s benchmarking has changed since your prior survey/review.
See how your board measures up on the most important areas of a board’s effectiveness
Our easy to understand colour coding shows you how your board performs in each individual category that is important for a boards effectiveness. “Hot spots” are instantly identified.
See how director and executive responses differ for each survey item
When you include executives in the survey process we show you how their responses compare whilst protecting their anonymity.
Get an overview of the highest and lowest benchmarked survey items
Get an overview of the highest and lowest rated items, based on their benchmarking – not based on the average rating but how that average compares to the responses of other boards. This is where our sophisticated benchmarking makes all the difference!
All written responses are merged and included verbatim
All written responses of directors and executives are merged together to protect the anonymity of respondents. This encourages candid responses.
