The SSM Diagnostic provides you with a clarifying overview of your readiness for the Single Supervisory Mechanism (SSM) and key considerations regarding supervisory requirements.

The simple-to-use self-assessment is aligned with the Supervisory Review and Evaluation Process (SREP) of the SSM, and includes the topics Business Model Analysis, Governance & Risk Appetite Framework, Capital Adequacy, Liquidity Adequacy, and Data & Reporting.

Features

  • Five SSM questionnaires

  • Consisting of twenty questions

  • Answered on a 5-point scale

  • At your own time and pace

  • Providing clear and simple results

  • “ The ECB is rolling out a comprehensive and intrusive approach towards supervision of LSIs, which marks a significant departure from previous national supervision. From my experience as a former supervisor, and in advising banks across Europe, the time to start preparing for increased supervisory scrutiny is now. If you would like to learn more about the implications for your bank please consult our team by clicking on the pictures below. "
    Anthony Kruizinga
    SSM Lead Partner

  • “ The ECB has piloted its approach for business model analysis, and while still being fine tuned, it is clear that this approach will be granular and data driven. From our hands-on experience in supporting one of the pilot banks, it is clear that banks can benefit from a solid preparation and should especially improve consistency of the documentation of their strategy and business model. "
    Jeroen Crijns
    Business Model Analysis

  • “ Given supervisory focus on internal governance our client wished to enhance its internal governance and Risk Appetite Framework (RAF). We identified and addressed gaps regarding the bank’s organisation, risk management, internal control functions, information systems, and business transparency. We addressed functioning and effectiveness of the Board including quality of debate, board interaction, quality of documentation and oversight. In addition we aligned the RAF with the bank’s strategy, financial plans, and other internal processes, while embedding it into the organisation with sufficient level of granularity. "
    Pedro Machado
    Governance & RAF

  • “ One of our clients required assistance in the assessment of its current state versus EBA requirements and ECB expectations. We suggested a set of "quick wins" and medium term actions regarding ICAAP amongst others, and supported the bank in the development of a robust ICAAP covering all key elements, including identification of material risks, linking to Risk Appetite, development of Pillar 2 models, capital planning and a sound stress testing process. "
    Alex van Tuykom
    ICAAP

  • “ Our client wanted to know on which topics they should improve their liquidity risk management framework. We first conducted a thorough gap analysis of their framework against EBA guidelines on ILAAP, which showed on which topics the institution should focus. Next, we helped in the remediation of gaps and provided our client with a robust and compliant ILAAP. "
    Hortense Huez
    ILAAP

  • “ Our client required assistance in establishing a data governance framework, and enhancing its financial and regulatory reporting capabilities. Together with the bank we designed a target state data management organisation, and defined reporting requirements. Next, we supported in the data governance roll out, defining stewardship processes, monitoring procedures, management practices and policies. In addition we optimised and standardised reporting processes, including standard and ad-hoc reporting. "
    Marc Billeb
    Data & Reporting

  1. Anthony Kruizinga
    SSM Lead Partner

  2. Jeroen Crijns
    Business Model Analysis

  3. Pedro Machado
    Governance & RAF

  4. Alex van Tuykom
    ICAAP

  5. Hortense Huez
    ILAAP

  6. Marc Billeb
    Data & Reporting

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