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.

The Company currently focuses 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. Credit Benchmark maximizes data quality through rigorous data validation and entity mapping techniques. The Company protects the security and anonymity of individual contributors through industry-leading secure hosting, data processing, and data transmission.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2012
Size (employees)
40 (est)+3%
Credit Benchmark was founded in 2012 and is headquartered in London, GB

Key People at Credit Benchmark

Mark Faulkner

Mark Faulkner

Co-Founder
Donal Smith

Donal Smith

Co-Founder
Donal Fleming

Donal Fleming

Chief Technology Officer
Yaprak de Beaufort

Yaprak de Beaufort

Head of Strategy
Mahim Mehra

Mahim Mehra

Global Head, Contributor Relationships
Joshua Jian

Joshua Jian

Director, Corporate Development
David Carruthers

David Carruthers

Head of Research
Harry Chopra

Harry Chopra

Chief Commercial Officer

Credit Benchmark Office Locations

Credit Benchmark has offices in London and New York
London, GB (HQ)
Eagle House 161 City Rd
New York, US
205 E 42nd St

Credit Benchmark Data and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$27 m

Latest funding size

$20 m

Time since last funding

about 2 years

Investors

Credit Benchmark's latest funding round in July 2015 was reported to be $20 m. In total, Credit Benchmark has raised $27 m. Credit Benchmark's latest valuation is reported to be £59.7 m.

Credit Benchmark Financial Metrics

GBP

Market valuation

59.7 m

Cash (31-Dec-2015)

12.4 m
  • Source: Company Filings,
GBPFY, 2014FY, 2015

Cash

3.2 m12.4 m

Accounts Receivable

113.6 k1 m

Current Assets

3.3 m13.4 m

PP&E

47.8 k86.1 k
Y, 2015

Financial Leverage

1 x
Show all financial metrics

Traffic Overview of Credit Benchmark

Credit Benchmark Online and Social Media Presence

Credit Benchmark Company Life and Culture

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