On February 8th, 2018, ICC has published the ICC Trade Register report 2017, which presents a global view of the credit risk profile of trade and export finance transactions.
Our cooperation with the ICC’s Trade Register has been intensive during the 2nd half of 2017 and early 2018 as GCD put substantial resources into performing the collection, audit, aggregation and analysis of ICC’s Trade Register member data underlying this report.
Two thirds of ICC Trade Register member banks are also GCD members and many of the remainder are already in discussion with GCD about eventual membership. Therefore, GCD has made a detailed proposal to ICC Trade Register members to take over the complete data collection, processing and return in the future, using GCD’s existing high security portal and experienced staff. We expect to start the build work after final sign off in Q2 2018.