The process of measuring the performance of a business’ processes or products against those of other businesses, to highlight differences, misalignment, and areas for improvement. Benchmarking a financial institution’s risk and control metrics and/or processes against those of their peers can indicate areas where action can be taken to reduce operational risk. Acin’s peer-to-peer network delivers benchmarking of each customer’s operational risk controls, powered by a connected data network spanning a firm and the industry. Data is digitized and presented in a standardized form to allow deeper analysis and better insights, through the Acin Platform.