After a successfull first part on June 12th, 2020 (recording available), we continue with the series of webinars on the business usage of GCD data:  Valuing NPL is the base for portfolio and capital management and requires to project ultimate recoveries using the best available data. The volume of legacy NPL on banks’ balance sheets will be augmented sensitively by the potentially hard recession that may result from the covid19 pandemic. Burkhard Heppe from NPL Markets and Richard Crecel from Global Credit Data will zoom into a real live example on using GCD data in the NPL transaction market.  Please register here to get further information (material & recording).    Agenda: 1. Data and valuation expertise from Global Credit Data & NPL Markets 2. Covid-19 update and impact on bank loans 3. Valuation of illiquid corporate loans using GCD data 4. Challenges for performing and non-performing loans 5. A framework for valuing loans during a crisis     Login information: Meeting URL: https://globalcreditdata.zoom.us/j/97552388808 Meeting ID: 975 5238 8808 International call-in numbers:  Click here    

Risk Modeling is more important than ever The world is facing an uncertain time. Economic growth and/or recovery rates are uncertain, default rates are uncertain and the rate of credit losses on those defaults is uncertain. Even the right way to model these risks is not certain. This survey is designed to spark critical thinking and conversations within bank wholesale model development teams and to give them a unique insight into how their peers are set up, how they model risks and how they are adjusting to account for the Covid-19 pandemic. In exchange for your response, you will receive the full anonymized results, providing critical context and insight to inform your thinking and discussions. The sections of the survey include: Section 1: Segmentation of Rating Models Section 2: Rating Grades of PD Model Section 3: Development and Implementation of Rating Models Section 4: Model Performance Section 5: Overlays Section 6: Pandemic Related Questions Section 7: Provision impacts (CECL /IFRS)   The survey will take approximately 30 minutes to complete.  Please take some time to complete the GCD 2020 survey and share your insight with us.  Survey 2020