Performance Vault™
Measure. Manage. Drive performance. Performance Vault™ enables financial institutions to compare their performance with industry peers, metric by metric, and set strategic-based targets to stay competitive.
Benchmark Your Performance and Compare Against Peers
With the constant changes in the banking industry, the need to leverage performance benchmark data and analytics has never been more important. Knowing how your financial institution performs and measures up against peers provides a critical advantage in your long-term success planning and arms you with valuable benchmarks that can help you make measurable improvements across the organization. Performance Vault™ puts peer performance metrics at your fingertips and provides you with real-time analytics and insights to help you make data-driven decisions.
1000+
Datapoints from a proprietary database of hundreds of financial institutions
375+
Productivity, revenue, and efficiency benchmark metrics
$10M - $20M
Estimated impact per $5B in assets with Cornerstone Performance Program
Features & Capabilities
You Can’t Manage What You Don’t Measure
Built exclusively for bankers, our cloud-based performance benchmark management platform empowers decision-makers across the financial institution to quickly assess and measure the impact of their actions, enabling them to make faster, and more productive data-driven decisions to optimize their performance.
Customize Your Dashboard
Quickly build interactive dashboards with real-time data and set targets that provide insights to help you and your financial institution improve decision-making and business performance.
View Data You Can Trust
Every single data point is scrutinized by our bankers to conform to established baselines and our rigorous in-house validation process.
Compare Internal and Peer Data
Comparing benchmarking performance against industry peers provides a critical advantage for long-term success. Benchmarking internally measures progress made quarter-to-quarter and year-to-year.
Track Target Performance
Measures customer-level behavior at the product or transaction level to warn of attrition, combats attrition from trigger-action-lists, detect downward trends in transactions, and identifies which actions best combat attrition.
Identify Impactful Opportunities
Identification of expense reduction, efficiency gains and revenue growth by business unit. Automated functionality to create “what if” scenarios to help you set realistic, measurable performance targets and uncover opportunities for growth, innovation and competitive advantage.
Track 27 Business Units Across Your Financial Institution
Administration
Branch Sales & Service
Business Banking
Cash Management
Collections
Commercial Lending
Contact Center
Credit Administration
Credit Cards
Debit & ATM
Deposit Operations
Digital Banking
Direct Consumer Lending
Enterprise Risk Management
Finance & Accounting
Home Equity Lending
Human Resources
Indirect Lending
Information Technology
Insurance
Investments
Loan Servicing
Marketing
Micro-Business Lending
Mortgage Lending
Training
Trust
Meet Your Performance Vault™ Experts
Eric Weikart
Partner
As leader of Cornerstone Advisors’ Strategy and Execution Solutions Group, Eric Weikart shows banks and credit unions how to use data and best practices to maximize their performance, operating efficiency, and technology utilization. Over the years, Eric has helped countless banks and credit unions realize their true potential in non-interest expense, revenue generation, and customer experience.
Thomas Milillo
Director
Thomas Milillo specializes in performance, process improvement, and lending at Cornerstone Advisors. Thomas helps clients achieve greater efficiency and profitability through peer comparison, analysis, and assessment. His prior experience includes advisor & product specialist positions with MassMutual Financial Group.
Chris Dell
Senior Consultant
Chris Dell specializes in helping financial institutions use strategically crafted measurements to drive improved efficiency, performance, and revenue. As a consultant, Chris applies his deep analytics and bank operations expertise to support Cornerstone Advisors’ Benchmarking and Process Improvement engagements, primarily through its Performance Vault solution.
Mike Rempel
Senior Director
Mike Rempel brings years of client management, analysis, and strategy development experience to the Cornerstone Advisors team. As senior director in Cornerstone’s CPV practice, Mike helps financial institutions develop competitive strategies based on data and peer comparison performance metrics.
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