Committee to Establish the
 
National Institute of Finance
Providing the data and analytic tools needed to safeguard the U.S. financial system
Home FAQs: Role of the NIF Value and cost What burdens would the NIF place on small banks and small financial entities?
What burdens would the NIF place on small banks and small financial entities?  E-mail

Small banks and financial firms already largely rely on off-the-shelf software and services from third-party data and systems vendors for portfolio management. Consequently, the NIF should not impose significant new operational burdens on small banks. In addition, the public reference databases maintained by the NIF would provide benefits to all market participants, particularly those too small to maintain or purchase their own substitute services. In this way, the NIF would help level the playing field for institutions of all sizes.