Credit Benchmark

Credit Benchmark operates a contributed data model, focused on gathering credit risk information from the world’s major global banks. Contributed data models, which aggregate data from multiple market participants, have long created value in financial services. As the model has been proven, contributed data models gathering more confidential datasets, showing results on an anonymised basis, have developed. In securities lending, for example, Data Explorers succeeded in demonstrating the value of industry-sourced benchmarking data to securities lenders and beneficial owners, enabling the company to gather highly market sensitive data, such as open lending positions and margins. We currently focus on credit risk estimates produced by banks using the Internal Ratings-Based Approach (“IRB”). The Basel framework for banking capital has resulted in many global and national banks adopting IRB (either the foundation or advanced approach) to calculating regulatory capital. Under IRB, banks employ highly qualified credit risk professionals to assess the creditworthiness of the entities with which they do business, generating many thousands of robust entity-level ratings. Credit Benchmark’s contributed data model unlocks the value of this powerful resource, allowing banks to view their own estimates in the context of a robust industry consensus. We maximise data quality through rigorous data validation and entity mapping techniques. We protect the security and anonymity of individual contributors through industry-leading secure hosting, data processing and data transmission.
Type
Private
HQ
London, GB
Founded
2012
Employees
27 (est)+8%
Credit Benchmark was founded in 2012 and is headquartered in London, GB

Key People at Credit Benchmark

Donal Smith

Donal Smith

Co-Founder
Elly Hardwick

Elly Hardwick

CEO
Mark Faulkner

Mark Faulkner

Co-Founder
David Carruthers

David Carruthers

Head of Research
Harry Chopra

Harry Chopra

Chief Commercial Officer
Simon Lumsdon

Simon Lumsdon

CTO

Credit Benchmark Locations

London, GB
New York, US

Credit Benchmark Metrics

Credit Benchmark Summary

Founding Date

2012

Market valuation

£59.7 M

Total Funding

$27 M

Latest funding size

$20 M

Time since last funding

over 1 year

Investors

Credit Benchmark's latest funding round of $20 M was in July 2015. In total, Credit Benchmark has raised $27 M. Credit Benchmark's latest valuation is £59.7 M.
33% of current employees of Credit Benchmark are female and 67% are male.

Credit Benchmark News

Credit Benchmark Company Life

You may also be interested in