Credit Benchmark today announced the establishment of an Advisory Group to provide guidance on the development of the company’s data and services.
The Advisory Group’s members are senior credit risk professionals and academics from Europe and North America. Current members include:
The Advisory Group will offer input into how data can be optimized for banks in day-to-day credit risk management processes. It will further offer insight into how the data would be useful for academic research on credit markets.
Credit Benchmark CEO Donal Smith commented: “We are pleased that our data development and analytical services will benefit from guidance from a distinguished group of credit risk experts. This will significantly enhance the value of our outputs from a client perspective.”
Advisory Group members will only have access to published data. Contributor data is delivered by secure channels and is fully anonymized. Data on individual obligors or summary portfolios can only be published if it satisfies a comprehensive set of quorate rules agreed with all contributing banks.
The Advisory Group group held its inaugural meeting in London earlier this month.
Credit Benchmark is a financial data analytics company. It gathers credit estimates from market participants in order to create a new source of credit risk data: banks’ consensus credit views. The company supplies credit data on sovereign, corporate, bank, and non-bank financial entities to global financial institutions. Credit Benchmark is based in London with an office in New York.