The Securities Industry Benchmarking Association™ (SIBA™)
shares information to improve productivity, quality and cycle time among
Securities Industry professionals in the financial services industry.
Mission
To identify "Best in Class" business
processes, which, when implemented, will lead member companies
to exceptional performance as perceived
by their customers.
Objectives
- To conduct
benchmarking studies of important business processes.
- To
create a cooperative environment where full understanding
of the
performance and enablers of "best in class" business
processes can be obtained and shared at reasonable cost.
- To use
the efficiency of the consortium to obtain process performance
data and related best practices.
- To support
the use of benchmarking to facilitate process improvement
and the achievement of total quality.
Membership
The scope
of SIBA™ membership includes those organizations that
require a more detailed understanding of securities industry
in
support of their core business(es).
Company
membership will be considered with respect to compliance
with
SIBA™ mission, goals and operating guidelines, as well
as, qualification of the organization within the scope of membership.
Participation
in specific efforts will be optional and open only to members
with costs shared by the participants.
Companies
in the consulting industry and others likely to resell the data
are not considered for membership.
Benefits
of Membership
Studies:
SIBA™ will
identify and present to members opportunities to participate
in Benchmarking studies on various topics addressing issues
of importance to securities industry professionals.
There
are two types of Benchmarking studies provided:
- Consortium
studies are offered to the membership as a whole with costs
divided.
- Single
company sponsored studies addressing the interest of one member
company can be offered to other selected members for no fee.
The association will also support securities industry benchmarking
efforts:
- Research
- Access public and private databases.
- Identify
study participants - Top companies in a variety of industries.
- Collect
data - Manage response collection with the participants as
a third party.
- Lead
site visits - Structured with best participants.
Roundtables:
Interest
group roundtables will be organized throughout the year. Members
will pay a nominal fee to join real and virtual roundtable discussions
that address specific processes.
Cost:
Currently,
membership in SIBA™ is FREE! Costs of studies are shared by the participants.
To
become a member of SIBA™, click below.
On-Line
application
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