Our data is used for
GCD data is detailed enough to develop or enhance internal LGD models or for validation, calibration or benchmarking. These models can be used to support the
- Internal Ratings-Based approach (IRB),
- to fulfil the credit provisioning standards IFRS9 or CECL,
- for stress testing and also
- for economic capital and pricing.
What members say
" GCD helped us confirm the reliability of estimates used in some of our regulatory capital models, and challenge the relevance of the underlying model structures and segmentations "
"Only thanks to the wealth of data and information that we can get from GCD we were able to identify macroeconomic relationships to credit portfolio evolutions to build robust IFRS9 models" (Credit Suisse)