All the Latest GCD News

See the job posting on GCD Career page here and apply directly with your resume.

Download a copy of the latest GCD Newsletter.

Since 2004, GCD has continuously reinforced a framework that is used to measure and monitor Data Quality (DQ). The objective is to achieve high DQ and compliance for the GCD […]

The secured data portal is open for: Data Submissions Members are starting providing their latest data in the PD, LGD and Benchmarking platforms. For details on the submission timelines check […]

Save the date for the GCD 2022 Conference.

Download a copy of the latest GCD Newsletter.

Insight into observed recovery levels and other key benchmarks for various exposure classes, industry sectors and collateral types. 

Macroeconomic trends in 2022, initially marked by expectations of reduced government support for the pandemic, progressive tightening of monetary policies by central banks and rising infla􀆟on rates must now consider market stress, energy cost surge and negative fallouts from the war in Ukraine. Concerns about new Covid-19 variants cannot be ignored neither.

Since 2004, GCD has continuously reinforced a framework that is used to measure and monitor Data Quality (DQ). The objective is to achieve high DQ and compliance for the GCD pooled data, as required by global regulations (BCBS 239, ECB Guide to internal models, Fed SR1107).

Downturn LGD Study 2020 This Global Credit Data (GCD) study looks into the historical effects of previous downturns on bank credit losses across various debtor types, industries and regions, with […]

This year at Global Credit Data’s North American Conference GCD’s Members came together to discuss the pressing credit risk issues that banks are facing today.

Since 2004, GCD has continuously reinforced a framework that is used to measure and monitor Data Quality (DQ). The objective is to achieve high DQ and compliance for theGCD pooled […]

Welcome! On 19-20 October 2021, GCD hosted the second online North American Conference.  This event was a huge success, with a great lineup of speakers. In case you missed it, […]

Download a copy of the July '21 GCD Newsletter

Download a copy of the May '21 GCD Newsletter

A short summary of the GCD European Conference

The Asian Development Bank (ADB), the International Chamber of Commerce (ICC) and Global Credit Data (GCD) are conducting this survey to identify global market gaps in trade finance. The survey […]

Welcome! On 27 May 2021, GCD launched its first event in the Middle East and APAC region.  This event was a huge success, with a great lineup of speakers. In […]

    February 2021 Dear GCD members, This year, without blinking, GCD continues to address the unique global circumstances by facilitating data sharing on the crisis impact for comparisons between […]

  GCD December Newsletter: Let us move to 2021 December 2020 Dear GCD members, Each bank’s portfolio is affected differently by the crisis, depending on their specific footprint. However, GCD […]

PRESS RELEASE - December 1, 2020 Latest report from Global Credit Data highlights need for unresolved defaults to be incorporated into modelling process   As the COVID-19 pandemic crisis continues, banks still […]

Latest report from Global Credit Data highlights need for unresolved defaults to be incorporated into modelling process

The D/U ratio is calculated as the count of rating downgrades over the count of rating upgrades for a lender during a specific period. It captures the assessment of banks’ risk profile, as they assess it with their internal ratings. As such, it is a forward-looking view on banks’ projections of the crisis.

The D/U ratio is calculated as the count of rating downgrades over the count of rating upgrades for a lender during a specific period. It captures the assessment of banks’ […]

PRESS RELEASE - October 22, 2020 Latest report from Global Credit Data analyses the impact of economic downturns on loss given default Results show that banks can weather the negative […]

  October 2020 Dear GCD members, GCD recently held its annual North American Conference, which took place for the first time in digital format. With over 250 attendees over the […]

  Dear GCD members, “Uncertainty” is a familiar word these days. “Data” seems an obvious answer. This bulletin brings to you some of GCD’s ongoing work and efforts to shed […]

Newsletter of the Global Credit Data Consortium     Save the date: North American Conference returns on September 9th – 10th   Calling all members! The annual North American Conference is […]

Risk Modeling is more important than ever: Find out what your peers are doing The world is facing an uncertain time. Economic growth and/or recovery rates are uncertain, default rates […]

GCD would like to launch a industry-wide survey to get insight on rating processes in the bank, as well as COVID implications. Of course, we would like your input! Join […]

PRESS RELEASE - June 2, 2020 Global Credit Data releases extensive analytics on loss given default, including the first complete account of losses from the 2008 financial crisis.  As banks […]

PRESS RELEASE - April 24, 2020  Global Credit Data has released today the Recovery Rate Dashboards for Corporates, Banks and Sovereign defaults. They provide an instant insight into observed recovery levels […]

As banks are adjusting their pandemic stress-tests GCD stands ready to run relevant drill-downs and analytics through the data to provide any insights that could help the industry.  Financial research […]

PRESS RELEASE – December 19th, 2019 Global Credit Data’s PD benchmarking report shows that bank default ratios for global corporate debt have dropped from 1.12% to 0.73% since 2016. On the face of […]

In 2011, the Basel Committee considered some early data from the International Chamber of Commerce Trade Register, suggesting it did not provide sufficient analytical evidence for reducing the CCF in […]

CECL requires a complex set of methological choices. Accenture, Global Credit Data, and the Institute of International Finance partnered to provide U.S. banks with a benchmark to help them assess […]

  PRESS RELEASE - April 2nd, 2019 For the second year running, Global Credit Data releases extensive analytics on loss given default, confirming the positive results from 2018 Global Credit […]

GCD is currently concluding a yellow page agreement with various consultant firms who have been working with GCD in the past and are knowledgeable about GCD's data model and/activities. For our […]

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 […]

The long-term agreement will strengthen the breadth and analysis of the ICC Trade Register, the banking industry’s leading data source for risks in global trade and export finance Global Credit […]

PRESS RELEASE – 15 August 2018   New Head for GCD   Global Credit Data has appointed Richard Crecel from Société Générale as its new Executive Director from September 2018, […]

GCD will be working with Accenture and the IIF to help U.S. financial institutions benchmark their CECL models as they are developed. For this purpose, GCD has rolled out a […]

With more than 170 people, GCD's European Conference has once again outreached its goals. We shared knowledge, exchanged ideas and got insights in the latest developments on credit risk management.  For […]

See the job posting on GCD Career page here and apply directly with your resume.

Download a copy of the latest GCD Newsletter.

Since 2004, GCD has continuously reinforced a framework that is used to measure and monitor Data Quality (DQ). The objective is to achieve high DQ and compliance for the GCD […]

The secured data portal is open for: Data Submissions Members are starting providing their latest data in the PD, LGD and Benchmarking platforms. For details on the submission timelines check […]

Save the date for the GCD 2022 Conference.

Download a copy of the latest GCD Newsletter.

Insight into observed recovery levels and other key benchmarks for various exposure classes, industry sectors and collateral types. 

Macroeconomic trends in 2022, initially marked by expectations of reduced government support for the pandemic, progressive tightening of monetary policies by central banks and rising infla􀆟on rates must now consider market stress, energy cost surge and negative fallouts from the war in Ukraine. Concerns about new Covid-19 variants cannot be ignored neither.

Since 2004, GCD has continuously reinforced a framework that is used to measure and monitor Data Quality (DQ). The objective is to achieve high DQ and compliance for the GCD pooled data, as required by global regulations (BCBS 239, ECB Guide to internal models, Fed SR1107).

Downturn LGD Study 2020 This Global Credit Data (GCD) study looks into the historical effects of previous downturns on bank credit losses across various debtor types, industries and regions, with […]

This year at Global Credit Data’s North American Conference GCD’s Members came together to discuss the pressing credit risk issues that banks are facing today.

Since 2004, GCD has continuously reinforced a framework that is used to measure and monitor Data Quality (DQ). The objective is to achieve high DQ and compliance for theGCD pooled […]

Welcome! On 19-20 October 2021, GCD hosted the second online North American Conference.  This event was a huge success, with a great lineup of speakers. In case you missed it, […]

Download a copy of the July '21 GCD Newsletter

Download a copy of the May '21 GCD Newsletter

A short summary of the GCD European Conference

The Asian Development Bank (ADB), the International Chamber of Commerce (ICC) and Global Credit Data (GCD) are conducting this survey to identify global market gaps in trade finance. The survey […]

Welcome! On 27 May 2021, GCD launched its first event in the Middle East and APAC region.  This event was a huge success, with a great lineup of speakers. In […]

    February 2021 Dear GCD members, This year, without blinking, GCD continues to address the unique global circumstances by facilitating data sharing on the crisis impact for comparisons between […]

  GCD December Newsletter: Let us move to 2021 December 2020 Dear GCD members, Each bank’s portfolio is affected differently by the crisis, depending on their specific footprint. However, GCD […]

PRESS RELEASE - December 1, 2020 Latest report from Global Credit Data highlights need for unresolved defaults to be incorporated into modelling process   As the COVID-19 pandemic crisis continues, banks still […]

Latest report from Global Credit Data highlights need for unresolved defaults to be incorporated into modelling process

The D/U ratio is calculated as the count of rating downgrades over the count of rating upgrades for a lender during a specific period. It captures the assessment of banks’ risk profile, as they assess it with their internal ratings. As such, it is a forward-looking view on banks’ projections of the crisis.

The D/U ratio is calculated as the count of rating downgrades over the count of rating upgrades for a lender during a specific period. It captures the assessment of banks’ […]

PRESS RELEASE - October 22, 2020 Latest report from Global Credit Data analyses the impact of economic downturns on loss given default Results show that banks can weather the negative […]

  October 2020 Dear GCD members, GCD recently held its annual North American Conference, which took place for the first time in digital format. With over 250 attendees over the […]

  Dear GCD members, “Uncertainty” is a familiar word these days. “Data” seems an obvious answer. This bulletin brings to you some of GCD’s ongoing work and efforts to shed […]

Newsletter of the Global Credit Data Consortium     Save the date: North American Conference returns on September 9th – 10th   Calling all members! The annual North American Conference is […]

Risk Modeling is more important than ever: Find out what your peers are doing The world is facing an uncertain time. Economic growth and/or recovery rates are uncertain, default rates […]

GCD would like to launch a industry-wide survey to get insight on rating processes in the bank, as well as COVID implications. Of course, we would like your input! Join […]

PRESS RELEASE - June 2, 2020 Global Credit Data releases extensive analytics on loss given default, including the first complete account of losses from the 2008 financial crisis.  As banks […]

PRESS RELEASE - April 24, 2020  Global Credit Data has released today the Recovery Rate Dashboards for Corporates, Banks and Sovereign defaults. They provide an instant insight into observed recovery levels […]

As banks are adjusting their pandemic stress-tests GCD stands ready to run relevant drill-downs and analytics through the data to provide any insights that could help the industry.  Financial research […]

PRESS RELEASE – December 19th, 2019 Global Credit Data’s PD benchmarking report shows that bank default ratios for global corporate debt have dropped from 1.12% to 0.73% since 2016. On the face of […]

In 2011, the Basel Committee considered some early data from the International Chamber of Commerce Trade Register, suggesting it did not provide sufficient analytical evidence for reducing the CCF in […]

CECL requires a complex set of methological choices. Accenture, Global Credit Data, and the Institute of International Finance partnered to provide U.S. banks with a benchmark to help them assess […]

  PRESS RELEASE - April 2nd, 2019 For the second year running, Global Credit Data releases extensive analytics on loss given default, confirming the positive results from 2018 Global Credit […]

GCD is currently concluding a yellow page agreement with various consultant firms who have been working with GCD in the past and are knowledgeable about GCD's data model and/activities. For our […]

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 […]

The long-term agreement will strengthen the breadth and analysis of the ICC Trade Register, the banking industry’s leading data source for risks in global trade and export finance Global Credit […]

PRESS RELEASE – 15 August 2018   New Head for GCD   Global Credit Data has appointed Richard Crecel from Société Générale as its new Executive Director from September 2018, […]

GCD will be working with Accenture and the IIF to help U.S. financial institutions benchmark their CECL models as they are developed. For this purpose, GCD has rolled out a […]

With more than 170 people, GCD's European Conference has once again outreached its goals. We shared knowledge, exchanged ideas and got insights in the latest developments on credit risk management.  For […]