MIX Annual Report FY 2010 - Microfinance Information Exchange

WHAT’S NEXTLOOKING AHEAD, WHAT TO EXPECT IN FY 2011In FY 2011, MIX is going to further enhance thecoverage and impact of our information. Our effortscombine a focus on improved freshness of data, morecomprehensive view of MFI performance and funding,and new tools and features to help users unlock the fullvalue of our detailed data in the broader market context.IMPROVED DATA FRESHNESSBuilding on our technology investments in the past twoyears, MIX has been able to leverage the flexibility androbustness of its XBRL-based platform to streamline howdata flows from MFIs to MIX Market, even while increasingthe quality of reporting. In FY 2011, MIX will continuethis development by expanding our reporting of interim(primarily quarterly) data in a number of markets.In addition, MIX’s technology for automated dataauditing will remove many time-consuming steps in datamanagement and allow us to focus manual data auditswhere they are most needed. The system also providesus with a useful platform for continuous improvement inthe quality and speed of processing incoming data.Matching the investments in how data is received, MIXwill enhance the ease by which our data can be accessedand used. For example, in FY 2011, we will put thefinishing touches on a new platform for data delivery.Working with the Global Impact Investing Network (GIIN)to establish a robust technology solution for deliveringMIX data “in bulk,” we will establish new solutions forrapid data access by other data partners.A MORE COMPREHENSIVE VIEW OF MFIPERFORMANCE AND FUNDINGAfter two years of data collection (covering more than 400MFIs), MIX’s Social Performance Indicators continue tomature. In FY 2011, MIX will work closely with the industryactors (through the Social Performance Taskforce) to refinethe set of indicators used to measure social performance.In addition, MIX will make technology investments tointegrate social performance data with MFIs’ financialinformation that is displayed on MIX Market.We are excited about the impact that these efforts willhave in raising the profile of MFI social performance, andhow they contribute to providing a truly integrated viewof MFIs. MIX will continue the effort to support integratedperformance assessment by exploring ways to adjust ourdisclosure diamond system to more explicitly includesocial performance reporting.In addition to the effort to improve users’ access to socialperformance data, MIX will provide the industry withunprecedented detail on MFI liability funding – crucialinformation for MFIs, funders and networks to stay up todate on institutions’ cost of capital by source, currencyand term. Drawing on detailed data on MFI individualliabilities across both domestic and international sources,MIX is able to present country aggregates that informfunding decisions of both MFIs and funders.NEW TOOLS AND FEATURESAs MIX’s dataset continues to expand in scope, wewill also sharpen our focus on improving the userexperience. To that effect, MIX will launch an enhancedplatform for delivering its market analysis. Among theseenhancements is a conversion of the MicroBankingBulletin (MBB) from a printed, semi-annual format to anonline, ongoing delivery through themix.org.In addition, MIX is planning to launch new user featureson MIX Market that will help unlock the full value of ourPAge 22