We kindly invite you to join our upcoming webinar which summarizes the highlights of our last two conferences in Stockholm and New York.   Two senior risk managers of our member banks share their experience on how their banks have used GCD data lately in their modelling: ​ Commercial Real Estate LGD Model (LTV-model) with GCD Data  EAD modelling with GCD data At the end of the webinar, we will also zoom into the current initiatives of GCD:   The use of GCD for benchmarking purposes: How to read GCD's peer comparison report Benchmarking credit risk parameters under IFRS 9 and CECL      Topics to be addressed by our valuable speakers   Pubudu Premawardena, Vice President, Internal Ratings Management, SCOTIABANK "Commercial Real Estate LGD Model with GCD Data" Pubudu is leading a team responsible for developing and implementing models for operational risk, non-retail internal risk ratings, AIRB credit risk parameters, and IFRS 9 Expected Credit Loss. Pubudu has over 20 years’ experience in the Financial Services industry ranging from financial analysis, mergers and acquisitions, portfolio management, credit adjudication, model development, model validation, and project management. Pubudu is a computer engineer, a CFA, and a FRM. Pubudu is also a member of the GCD board since June 2018.      Atif Khan, Senior […]

The year 2019 will be a busy one for all US Banks. With banks, standardsetters and regulators still engaged in a debate about what implementation of the CECL standard for Day 1, there are only 11 month left before public firms “go live” on CECL. The principle-based nature of the standard means that the remaining time needs to be spent on testing assumptions and validating approaches. For many banks, attention is on finalizing implementation plans and to kick-start the parallel run. GCD has partnered with Accenture and the IIF to help U.S. financial institutions benchmark their CECL models in this critical phase and beyond Day 1 compliance.  We offer all financial institutions (global banks, community banks, regionals banks, specialty financer, insurers, ...) to benchmark their ECL estimates on a standardized portfolio. Implementation of similar approaches (e.g. IFRS 9) proved that it is important to not stay siloed: knowing where your ECL estimations are in comparison to your peers allow you to act fast and ahead of the game.   The excercise will include various scenarios, including a stress scenario. In the last weeks, a core group of banks has designed the template, tailored it to the US market and developped the roadmap for 2019. Please listen to our […]

Global Credit Data's European Conference 2019 was hosted by Raiffeisenbank International. The two day conference had been a mix of plenary presentations and breakout sessions: Member banks have presented different approaches on how to deal with the challenges credit risk modelling is currently facing when it comes to modelling LGD, EaD and PD for various purposes within a bank. Participants had also the chance to see Analytics presentations on the GCD data and engage in our "Peer Discussion sessions". Click here for further impressions.  The detailed agenda and the presentations can be found at the bottom of this page (also downloadable in just one zip-file --> click on last link).          Contact person:Daniela Thakkar Location:Raiffeisen Bank International Aganda:https://www.globalcreditdata.org/wp-content/uploads/2019/03/agenda_gcd_conference_2019_vienna_20190321.pdf