GCD's Mission is to help banks understand and model credit risks. The comprehensive data pools are collected over a decade and distributed back to members for their own research and modelling.


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GCD is a unique data consortium that owns banks internal data for both PD and LGD. GCD’s data pools support the key parameters of banks’ credit risk modelling: Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD).

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GCD’s library gives access to wide variety of publications on risk related topics. Global Credit Data members work together to analyse the data and discuss methodology issues. GCD has published numerous papers and is actively promoting academic research on the data collected.

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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.

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Global Credit Data collects raw data from its members and distributes it back to them for use in their own analysis and modelling. GCD supports its members by providing a flexible high-end tool on the data pool: the GCD Visual Analyzer. Member banks can create dynamic Reference Data Sets and generate instant views on the data.

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Global Credit Data History

Established in 2004, GCD is a non-profit association owned by (currently) 50+ banks.
GCD's Mission is to help banks understand and model credit risks. Activities include:
  • Pooling credit loss data directly from banks’ books, especially for low default portfolios
  • Providing benchmarks
  • Facilitating knowledge exchange
  • Fostering research & online information sharing services
The data pools are distributed back to members for their own research and modelling.GCD has the most comprehensive data coverage from the past decade, allowing them to provide detailed insight on the market and on peers.



Since 2004 Global Credit Data has enjoyed remarkable success – both in terms of growing its membership and establishing its international reputation through the creation of the largest existing loss and recovery dataset for commercial loans. Its Loan Loss database currently contains over 250,000 individual facility default records from over 70,000 obligors across 120 different countries over a period from 1990 to date. The database is fed by Member-banks with all new defaults bi-annually. Over the years, Global Credit Data continuously professionalized and amended its databases to facilitate the increased use of its data e.g. in the context of IFRS 9 / CECL impairment modelling.

Membership has grown from 11 to a current membership of 50+ Member-banks across Europe, Africa, Asia, Australia and North America.

Global Credit Data strives to enlarge its membership across the world because it believes that a global standard for data collection is in the interest of the financial industry as a whole.


Current members

Global Credit Data was established in December 2004 as a loose affiliation of 11 major banks. Since then membership has grown to 50+  member banks across Europe, Africa, North America, Asia and Australia. GCD Members are ‘owners’ of the association, and data, and have a prominent role in steering the strategic direction.  This ensures GCD activities are member-centric driving the ‘by banks for banks’ credo.​

How to become a member

Global Credit Data welcomes and encourages new members. Global Credit Data membership is open to any financial institution that has a demonstrable capability to collect and deliver data which is compatible with the data of other members of the association. A special emphasis lies on the compatibility of the default definition, where Global Credit Data members use the Basel III definition.
The basis of the membership agreement is to adhere to the Articles of Association and to the internal rules of the Association, called Data Pool Regulations. Only corporate bodies – in practice registered banks – can be members.

Every new member is required to participate in an assessment of their ability to supply data of the required quality to Global Credit Data prior to the approval of their application for membership by the Global Credit Data Management Board.


Since the creation of Global Credit Data, Data Quality, Confidentiality & Security has been the Top Priority overseen by the Executive Director & Board of directors always reaching exceeding All Member Banks Internal Requirement.

Information Security

GCD is using Bank Grade information security best practices & Procedure

  • INfrastruture Security incl Encrytion at rest & in Transit, Certification, ...
  • Access security incl MFA, IP address filtering , ... Basically all features given by Microsoft Azure
Data Quality Management

To  ensure  the  quality  of  the  data  GCD  established  and  implemented  an  effective  data  quality management framework which developed since its existence over the last 15 years.

Data Quality Governance

GCD implement a strong Data Quality governance with High implication of Members

Data Quality Dashboard

GCD has a unique transparent culture that leads to superior Data Quality

GCD Dashboard Spring 2021