Global Credit Data

What Global Credit Data does

Global Credit Data (GCD), legally The Global Credit Data Consortium, is a not-for-profit association founded in 2004 and headquartered in Reeuwijk, Netherlands. It operates the world's largest banking consortium dedicated to sharing loan and default information, with 50+ member banks contributing data on more than 500,000 defaulted commercial loans accumulated over 20+ years. GCD's core offering is a data pooling platform that collects anonymized internal bank data for Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD), and redistributes aggregated benchmarks back to members for their own credit risk modelling, regulatory compliance, and validation activities. Supporting products include the Name Benchmarking platform covering 30,000+ obligor names across North America, Europe, South Africa, and Australia, an interactive recovery rate dashboard suite, a Data Quality Dashboard aligned with BCBS 239 and ECB internal models guidance, and a growing ESG and Climate Risk platform developed in partnership with UNEP FI.

GCD generates revenue exclusively through recurring membership fees from its member banks under a subscription-style model; it is member-owned, governed by a board and working groups, and does not publicly disclose pricing. The go-to-market is sales-led and relationship-driven, anchored by annual regional conferences (Toronto, Amsterdam, Middle East/APAC), a Climate Risk Focus Group webinar series, a monthly newsletter, a publications library, and direct member onboarding into secure data portals. Members access data through dedicated platforms for PD/LGD/EAD pooling, Name Benchmarking, and ESG/Climate Risk, plus an interactive dashboard for instant benchmarking views. The customer base is exclusively large wholesale banks and select development banks (RBC, HSBC, UBS, ING, Société Générale, Rabobank, National Bank of Canada, KfW), supplemented by academic researchers and UNEP FI member institutions accessing climate risk surveys. The organization is extremely lean operationally (1-10 employees) and is led by CEO Ramadurai Krishnan (appointed June 2024, formerly of HSBC, Fitch Ratings, and ICC Trade Register chair) under Chairman Simon Ross-Hansen.

Name

Global Credit Data

Legal name

The Global Credit Data Consortium

Website

https://globalcreditdata.org

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

Global Credit Data is a not-for-profit banking consortium, founded 2004 in the Netherlands, that pools anonymized PD, LGD, and EAD data from 50+ member banks worldwide to deliver credit risk benchmarking, regulatory-grade methodologies, and recovery rate analytics to large financial institutions.

Ownership category

akta.pro rank

Product category

Credit Risk Data and Benchmarking Services

NAICS

Activities Related to Credit Intermediation (5223), Other Activities Related to Credit Intermediation (522390), Credit Bureaus (56145)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Risk Analytics, Portfolio Monitoring & Early-Warning (Consumer Credit) (FSAKAKAH)

akta.pro secondary industries

Credit & Underwriting Data Services (alt data feeds, affordability, bureau augmentation) (FSAGACAH), Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC)

Keywords

• Credit risk data
• Credit benchmarking services
• Loan default data pools
• PD LGD EAD analytics
• Bank consortium platform

Headquarters

HQ city

Reeuwijk

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Membership Fees: Global Credit Data is a not-for-profit consortium owned by member banks. The organization collects raw data from members and distributes it back to them for use in their own analysis and modelling. Revenue is generated through membership contributions.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Global Credit Data operates a not-for-profit data consortium in which member banks contribute their internal credit loss information and receive pooled, anonymized benchmarking data covering Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) on over 500,000 defaulted commercial loans. Members access dynamic Reference Data Sets, credit rankings, obligor internal rating transitions, name-level benchmarking across 30,000+ borrowers, ESG and climate risk benchmarking tools, interactive recovery rate dashboards, and a research library, all enabled through secure member portals and recurring membership contributions.

Product overview

Global Credit Data (GCD) is a not-for-profit data consortium owned by over 50 member banks worldwide, offering a platform of credit risk data pooling, benchmarking, and analysis services. The core offering is the Data Pools (PD & LGD) for Probability of Default and Loss Given Default data collection. The Services: Benchmarking module enables members to create dynamic Reference Data Sets. Additional modules include ESG and Climate Risk for climate-related credit risk assessment, Library: Research & Publications for knowledge access, Data Insights & Reports for industry benchmarks, Interactive Dashboard for visualization, and Name Benchmarking for obligor-level comparisons. The UNEP FI Climate Risk Partnership extends capabilities into global climate risk benchmarking. GCD is trusted by regulators including the Federal Reserve of the US.

Differentiator

Problem solved

Functional benefit

Products and services

• Data Pools (PD, LGD, EAD) Consortium data pooling service that aggregates member banks' internal data for Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD), and redistributes long time series of historical credit losses used to model loan recovery processes. Includes credit rankings and obligor internal rating transition data for key bank portfolios.
• Benchmarking Services (Reference Data Sets) Service through which GCD collects raw data from member banks and distributes it back to them in aggregated form so members can build dynamic Reference Data Sets and generate instant views on pooled data for their own analysis and modeling.
• Name Benchmarking Platform Data pool where participating banks exchange risk ratings and parameters for the same borrowers, with over 30,000 names spanning North America, Europe, South Africa, and Australia. Used for comparing risk parameters and enhancing early warning systems for Large Corporate, Sovereign, Banks, and Financial Institutions sectors.
• ESG and Climate Risk Platform Platform and working group enabling GCD members to exchange data and knowledge on incorporating climate and environmental factors into credit risk modeling through industry-wide best practices, including Climate Risk Focus Group activities, surveys, and benchmarking on climate risk methodologies, stress testing, and ESG scoring.
• Interactive Recovery Rate Dashboards Interactive dashboards providing instant insight into observed recovery levels and other key benchmarks for various exposure classes, industry sectors, and exposure types, covering Corporates, Banks, and Sovereign defaults.

Quantifiable outcome

• Federal Reserve of US references GCD Data in Supervisory Stress Test Model Documentation
• +1 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• UNEP FI (United Nations Environment Programme Finance Initiative)coreStrategic or Co-development Partner · 20 June 2024Global benchmarking survey for banks focused on enhancing ESG and climate risk efforts. The collaboration identifies common credit risk assessment methodologies, provides a benchmark for modeling approaches for climate risk assessment, and explores how quantification of climate risks can be impacted by variations in assessment methodologies. Published comprehensive report benchmarking credit risk modeling approaches used by financial institutions.
• ICC (International Chamber of Commerce)coreStrategic or Co-development Partner · 9 November 2023GCD is a key partner in the release of the ICC Trade Register Report. The collaboration provides deep dive into credit risk in trade, supply chain, and export finance, covering the lasting effects of COVID-19 on the global economy.
• European Central Bank (ECB)coreStrategic or Co-development Partner · 9 October 2023Joint study with GCD looking into the sensitivity of loss-given-default to macroeconomic conditions. Collaboration on research and methodology development for credit risk assessment.
• ITFA (International Trade & Forfaiting Association)coreStrategic or Co-development Partner · 19 June 2023Collaboration on recovery rates for loans with insurance guarantors. GCD created a report on recovery rates for facilities backed by insurance companies. ITFA spearheads Basel advocacy in relation to more favorable capital treatment of facilities guaranteed by insurance providers.
• RBC (Royal Bank of Canada)minorGTM or Marketing PartnerServed as host for GCD Toronto Spring Conference 2024, demonstrating member engagement and industry leadership.
• INGminorGTM or Marketing PartnerServed as host for GCD Amsterdam Conference 2023 with a special Dutch touch. Presented on GCD benchmarking in PD and Masterscale.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Risk Frontiers: Australian bank-owned consortium pooling internal credit loss data for benchmarking PD and LGD — closest direct comparable to GCD's consortium model, though smaller and regionally focused on Australia.

Broad incumbents

• Moody's Analytics: Provides commercial credit risk data, scoring models, and benchmarking products (e.g., RiskFrontiers commercial real estate, CreditEdge). Overlaps with GCD on PD/LGD benchmarking but serves a much broader portfolio of risk and regulatory use cases.
• S&P Global Market Intelligence: Supplies credit ratings, Capital IQ Pro commercial credit data, and PD/LGD benchmarking solutions used by banks for regulatory and risk modeling — a broad incumbent competing across GCD's full stack.
• Bureau van Dijk (Moody's): Provides private company financial data and ownership information used by banks for counterparty and obligor credit analysis — overlaps with GCD's Name Benchmarking platform (30,000+ names) at the entity-data layer.
• Experian: Global credit bureau and data analytics provider serving banks with consumer and commercial credit data, scoring, and decisioning — competes in adjacent credit-data categories though GCD's consortium model is structurally different.
• Fitch Solutions: Affiliated with Fitch Ratings, provides credit research, country risk, and credit data products used by banks for risk modeling — adjacent to GCD's research and benchmarking offerings and connected via GCD CEO's prior Fitch background.

Others

• Oliver Wyman: Global management consultancy serving banks on credit risk modeling, Basel compliance, and stress testing — competes indirectly for the same budget and deliverable that GCD's benchmarking data supports.
• SAS Institute: Provides credit risk scoring, IFRS 9, and stress-testing software platforms used by banks — an enabling technology vendor alongside which GCD's pooled data feeds into member banks' risk infrastructure.
• ICE (Intercontinental Exchange): Owns ICE Data Services and credit/rates data assets used by fixed income and credit risk teams — adjacent credit-data infrastructure player rather than direct peer to GCD's consortium model.

Emerging players

• MSCI: Provides ESG and climate risk data products increasingly used by banks for climate credit risk modeling — emerging direct competitor to GCD's ESG and Climate Risk platform, with deeper commercial scale but less bank-internal data depth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/globalcreditdata
• Xx.com/GlobalCredData

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Global Credit Data