Stratexstream - External Loss & GRC Benchmarking Data Service

stratexstream is an external loss and grc benchmarking data service based on anonymised customer data and external sources. it enables firms to access, in real-time, industry and peer external loss and grc benchmarking data incorporating it into regular and one-off reporting, analysis and capital modelling. the stratexstream data service was created after several customers expressed frustration at the lack of high quality external loss and risk benchmarking data available in the market. one challenger bank customer told us that, after reviewing 11 vendors, they concluded that existing vendors were targeting only tier 1 banks and did not provide the granular level data they require to support their icaap process and to drive continuous improvement efforts. one challenger bank cro, stated, “stratexstream could prove to be a game changer for us; finally, we will have access to external loss and other benchmarking data which is at the right level of detail and materiality for our size