BIG Metrics™ Provides Competitive Advantage To Community Banks
David G. shared 5 months ago
From the press release: “Designed for banks, BIG Metrics provides in-depth peer group and market comparison that identifies trends in profitability, loan growth, market share, deposit growth, margins, delinquencies and charge-offs for specific bank entities or several peer groups.
“This online application goes beyond the standard peer group comparisons. BIG Metrics gives bankers access to a variety of BIG’s proprietary databases in order to help bankers make more informed decisions about marketing, strategy, performance, and compensation,” said Chris Nichols, CEO of Banc Investment Group. “BIG Metrics delivers sophisticated analysis cost-effectively so bankers can stay a step ahead.”
I was on a webinar with the tool. The data is great. Visually it is slick but not in a good way—if you are into “correct” data visualization. Otherwise you should like it.
==> I am working on getting a demo code for you to use the product.
David G.
I spoke with Ramu Singh late this afternoon regarding BIG Metrics. We reviewed my request to get the Banktastic Community a demo account so you can try the peer group tool. I expect to have it next week. As soon as I get it, I will post it here.
Now for some further thoughts: I have been able to spend more time with the product and I really like the wealth of data. It is easy to get to. I have access to two other products that get me similar data and they are not as easy as this one is.
To be totally objective to my original first impressions, I commented that the tool is “Visually it is slick but not in a good way—if you are into “correct” data visualization.” There are some charts and pages that if you follow the teachings of Edward Tufte and Stephen Few , you would find them not to be “correct”. If I was not a data visualization uber fan I would say the product is visually stunning. Either way, the product is about the data and what you can learn about your bank, your peer group and the banks you compete against.
David G.
I want to thank Ramu Singh for providing us with a demo account for their new tool @ BigMetrics—I strongly suggest you check it out. Other tools out there are very costly and the Banc Investment Group tool is very reasonable. The nice thing is they are letting us try it out for a couple of weeks.
username: banktastic
password: 052608
P.S. Do not forget to provide your thoughts on this tool.
Lisa R.
David,
I really appreciate you working this out for everybody! I really hope Banktastic members take advantage of this opportunity to try out BIG Metrics. And thanks a bunch to Ramu for giving Banktastic a demo account.
Thanks again, David!
Brad G.
David, in hopes to get more people trying out BIG Metrics I’m going to mention it tomorrow for The Burst. Great idea!
David G.
BIG Metric Webinar on Friday:
Interested in seeing your bank’s ROE sensitivities?
On May 16th (this Fri.) at 12:30pm, come learn about our new BIG Metrics application that puts some of our modeling power in your hands. This week, we highlight the “What If” feature that allows you to see what are the major drivers to ROE given your institution’s specific sensitivities.
To register, click: https://bigevents.webex.com/bigevents/onstage/g.php?t=a&d=809624650