CECL Benchmarking Survey 2019

CECL Benchmarking Survey 2019

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 their readiness to implement CECL. Step 1 was a detailed survey, to be...
CECL benchmarking study kicked off

CECL benchmarking study kicked off

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...
New Head for GCD

New Head for GCD

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, following retirement of Philip Winckle Global Credit Data, a not-for-profit...
CECL methodological survey rolled out

CECL methodological survey rolled out

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 deep methodological survey, providing banks the opportunity to benchmark their methods. We plan...