Banks in the driver seat
"By banks, for banks"
Global Credit Data (GCD) is a non-profit association owned by its member banks from around the world. Our simple mission is to help banks better understand and model their credit risks through data pooling and benchmarking activities.
Our LGD & EAD Platform is the world's largest database for LGD and EAD modelling totalling over EUR 200 billion in all Basel Asset Classes. In 2009, GCD introduced a PD & Ratings Platform which now covers more than 15 years of data and helps banks to calibrate and benchmark their PD models in use for regulatory & economic capital, stresstesting, impairment calculation and pricing.
In 2011, GCD started a third database: the Benchmarking Platform. The database includes borrower name and cluster level estimates to help banks to instantly compare PD, rating , LGD and EaD model estimates with their peers. The robustness and capacity of GCD’s data collection and management infrastructure places GCD databases as the global standard for credit risk data pooling.
Best practice sharing
Members not only benefit from exclusive rights and access to credit databases and analytics, but also from knowledge and research facilitation possible via the unique industry association. Through a variety of forums such as workshops, webinars and surveys, GCD is an active industry participant facilitating the discussion in key strategic areas including credit risk modelling, stress testing and IFRS9/CECL modelling.
The highlight of these interactions are our global conferences, held once each year in both North America and Europe, which allow Members to meet and engage in a series of plenary sessions, workshops and Member presentations and provide a valuable and rich experience of knowledge sharing and networking opportunities. The value of GCD membership extends beyond the data itself to a deep community of highly experienced credit risk professionals.
Fact-based risk management
Independent role in the financial sector
GCD uses its unique data and methodology knowledge to provide independent factual analyses of credit risk in the finance industry. Through its regular publications of whitepaper on topics of current interest and its collaboration with leading industry bodies GCD is able to promote fact-based risk management.