Join Global Credit Data
Your bank's membership to GCD offers you a wide range of possibilities
Global Credit Data was established in December 2004 as a loose affiliation of 11 major banks. Since then membership has grown to 50+ member banks across Europe, Africa, North America, Asia and Australia. GCD Members are ‘owners’ of the association, and data, and have a prominent role in steering the strategic direction. This ensures GCD activities are member-centric driving the ‘by banks for banks’ credo.
How to become a member
Global Credit Data welcomes and encourages new members. Global Credit Data membership is open to any financial institution that has a demonstrable capability to collect and deliver data which is compatible with the data of other members of the association. A special emphasis lies on the compatibility of the default definition, where Global Credit Data members use the Basel III definition.
The basis of the membership agreement is to adhere to the Articles of Association and to the internal rules of the Association, called Data Pool Regulations. Only corporate bodies – in practice registered banks – can be members.
- Access to 3 databases based on a "give-to-get principle" (your bank is providing data in exchange for getting data back)
- Access to a long history of data for PD, LGD and EaD modelling
- Access to detailed data, not only aggregates (which is required to build bank-specified Reference Data Set)
- Access to a network of highly experienced risk managers
- Access to special analytics done for members
- Access to surveys
- Access to working groups
- Proven legal structure which keeps data in control of members
- Established infrastructure for high data security
- An organization which is built on member needs, so members can influence what they want ("member driven")
- On this member website, GCD publishes all information relevant and accessible to its members and their delegates. You can browse there for the latest events, documents, analytics, and publications.