GCD - a global risk management utility sharing data and knowledge within the financial industry

 

Publications

ICC members active in trade finance have collected large scale data on the claim and drawing rates of Performance Guarantees (i.e.

GCD Benchmarking Report on IFRS 9 estimates

The long term average LGD levels in this report can be compared to regulatory minima and standardised levels, allowing an industry wide discussion of prudent forward looking LGDs vs historical evidence. Note that the LGDs in this report are cash flow discounted observations of historical outcomes, not forward looking estimates.

News

In 2011, the Basel Committee considered some early data from the International Chamber of Commerce Trade Register, suggesting it did not provide sufficient analytical evidence for reducing the CCF

Upcoming events

10Dec201908:00CET

 

Global Credit Data's Australia Conference is kindly hosted by CBA in Sydney. 

30Mar202008:00CEST

 

Global Credit Data's next European Conference is kindly hosted by ING in Amsterdam. 

22May202008:00CEST

Venue: Scotiabank Centre, 40 King Street W, 2nd Floor, Toronto, ON

Find out more

Members

Members range from global universal banks to specialised and regional institutions, all following Basel definitions.

Data Pooling

Members share data for benchmarking their LGD, EAD and PD models on a "give to get" basis  

Working Groups

Member banks get together to study areas of common interest, e.g. Downturn LGD, Trade Finance and IFRS 9 / CECL impairment modelling.

Data Analysis & Library

Anonymised and controlled raw data is returned to member banks for their own use and analysis. GCD members have access to the library, which includes also a vast amount of analytics on the data.