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...
We welcome our new member Goldman Sachs

We welcome our new member Goldman Sachs

GCD has a strong position in the United States with the largest US banks being a long-term member and delivering data to GCD’s databases. Last month, Goldman Sachs joined as member and is now starting up the onboarding process. The multinational investment bank and...