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).
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.
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.
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.
Jack de Leeuw, Head of Credit Risk Measurement from NATIONAL AUSTRALIA BANK, on the experience of being an early adopter of the IFRS 9 standard. The presentation covers his and his banks’ view on the following topics: 1. Forward looking considerations for IFRS9 implementation 2. PIT PD versus Regulatory PD models 3. Comparative view of IFRS9 and IAS9 use Contact person:Daniela Thakkar Location:Webex call
Dr. Scott Aguais and Dr Larry Forrest on their advanced PIT-TTC methodology for estimating lifetime PD for IFRS9/CECL. Dr. Aguais is a former board member of Global Credit Data and has worked with both RBS and Barclays implementing credit risk models. Contact person:Daniela Thakkar Location:Webex call
Global Credit Data’s working group on ‘IFRS 9 impairment modelling’ invites all interested members to a two day intensive workshop. The focus of the workshop is (life-time) LGD and EaD modelling in the shed light of the new IFRS 9 standard. We are looking forward to see all interested members at this intensive, free-of-charge workshop. Contact person:Daniela Thakkar Location:Crown Plaza Hotel, Amsterdam Aganda:https://www.globalcreditdata.org/wp-content/uploads/2017/04/agendaifrs9workshop_print.pdf
North American conference for members to discuss our data templates, share knowledge on modelling techniques and zoom into current regulatory developments Contact person:Philip Winckle Location:New York, USA Aganda:https://www.globalcreditdata.org/wp-content/uploads/2017/04/agenda_gcd_2016_na_conference_print.pdf
In April 2016, GCD ran an interactive IFRS 9 workshop on LGD and EaD modelling in Amsterdam. For all who were interested but could not join, we shared the essence / presentations in webex calls in May 2016. Contact person:Daniela Thakkar Location:Webex call
WG ODF #4/2016: Results submission H1/2016 Contact person:Daniela Thakkar Location:Webex call
Modelling approaches for life-time EaD Contact person:Daniela Thakkar Location:Webex call
WG ODF #5/2016: Audit results H1/2016 Contact person:Daniela Thakkar Location:Webex call
Challenges in backtesting & validation of expected loss models Contact person:Daniela Thakkar Location:Webex call
WG ODF #7/2016: Analytics H1/2016 Contact person:Daniela Thakkar Location:Webex call
European GCD conference June 2016 , hosted by Rabobank in Utrecht (NL) Contact person:Philip Winckle Location:Utrecht, NL Aganda:https://www.globalcreditdata.org/wp-content/uploads/2017/03/agenda_gcd_2016_utrecht_v5.pdf
Agenda Discussion Groups aims Dialogue: What are your expectations? Roadmap Next steps Contact person:Nina Brumma Location:Webex call
