Members’ needs for discussion of best practice in data, modelling and risk measurement is well served by ad hoc working groups.
Often the key benefit of these groups is the discussion and cross information about best practices, while some will also produce an output paper.
| Group | Short description | Chairman | Contact person at GCD |
|---|---|---|---|
| Academic Research Committee | This committee oversees, reviews and approves academic research on GCD data. | Farhang Farazmand (Citi) | Nina Brumma |
| Economic Capital and Pillar 2 *WG on pause* | Focus Group to discuss and share knowledge on best practices on “Bank-internal Economic Risk and Performance Measurement within Basel 2 – Pillar 2” | Robbin Tops & Raphael Keller (UBS) | Richard Crecel |
| METHCOM | The Methodology Committee is responsible for all methodological matters in relation to the Data Pools | Stephan Jortzik (ANZ) | Nunzia Rainone |
| Methcom Subcommittee “LGD & EAD platform” | Methcom subcommittee to discuss the further development of the “LGD & EAD platform” | Clemens Mesterom (NIBC) | Erik Rustenburg, Nunzia Rainone |
| Methcom Subcommittee “PD & Rating platform” | Methcom subcommittee to discuss the further development of the “PD & Rating platform” | Guido Caprioglio (JP Morgan) | Olivier Plaetevoet |
| Methcom Subcommittee Benchmarking platform | Methcom subcommittee to discuss the further development of the “GCD Benchmarking platform” | Ken Dubien (Scotiabank) | Hale Tatar |
| WG IFRS 9 / CECL impairment models *WG on pause* | Knowledge exchange & discussions on modelling approaches for impairments based on (life-time) expected losses | tbd | Daniela Thakkar |
| WG LGD Reference Model *WG on pause* | This working group is set-up to develop a reference model / challenger model to be built on GCD data. | Patrik Gunnarsson (SEB) / Stephan Jortzik (ANZ) / Michael Jacobs (PNC) | Olivier Plaetevoet |
| WG Support for Compliance | Working Group setup to define additional activities to support members in their compliance work | tbd | Olivier Plaetevoet |
| WG Trade Finance *WG on pause* | Working Group to discuss and share knowledge on Trade Finance data usability | Orla Duffy (CBA) | Michael Dhaenens |
| WG Validation *WG on pause* | Working Group to discuss and share knowledge on best practices in validating credit risk models | tbd | Nina Brumma |
