IACPM/McKinsey Study on Data and Analytics Innovations in CPM

The IACPM and McKinsey & Company conducted a joint study to explore new data sources employed by IACPM member firms to enhance credit decision processes and inform credit portfolio management strategies.

The three main objectives of the study are:

  • Survey the range of industry practice on alternative data sources for credit risk identification, assessment, and monitoring (e.g., early warning indicators).
  • Understand degree to which different data types and analytical approaches are in use or under consideration across firms, geographies, sub-sectors, and C&I/CRE portfolio segments.
  • Develop insights on current state, challenges, and path forward for firms to incorporate next generation data and analytics.

A detailed benchmarking report has been shared with the 44 participating member firms. The report enables firms to confidentially benchmark practices with those of other leading financial firms.

The IACPM held two webinars to present insights from the study, for North America/ Europe and Asia/ Australia respectively. The webinar presentation is available here.

A high-level report summarizing key findings will be published in August 2022. Please inquire to find out if your firm participated.