Features
As the industry's leading manager of pooling consortia for credit exposure, loss and recovery data, Algorithmics continually seeks to improve the quality and volume of data available to member institutions as Credit Data Consortium Services expands into new initiatives, regions and markets.
A "by banks, for banks" approach
Based on their own needs, participating financial institutions determine issues such as the scope and scale of data collected, access rights and approval of new participating institutions. Credit Data Consortium Services then delivers the data, statistics and research to clients with a transparent approach.
Experience and knowledge of credit markets
Algorithmics has an unparalleled track record in managing inter-bank data consortia, including the Pan-European Credit Data Consortium (PECDC) and the North American Loan Loss Database (NALLD). This successful experience provides a solid foundation for developing new data pooling initiatives in other regions and markets.
Proven technology and data model
Credit Data Consortium Services leverages proven Algorithmics technology systems to automate the data management process, resulting in greater efficiency, a more rational use of operational resources, and more accurate data validation.
Confidentiality and cost-effectiveness
Credit Data Consortium Services features advanced data management, delivery and reporting methods designed to safeguard the confidentiality of each institution's data. By leveraging a highly efficient, secure, global technology platform, Algorithmics can deliver the industry's leading data management services while reducing the overall cost of ownership.
Related Downloads
Integrated Risk Management: Market and Credit Risks
Credit Data Consortium Services Brochure
Featured Case Study
Pooling Resources
Members of the Pan-European Credit Data Consortium (PECDC) pool their credit data.