ICC Trade Register: The Global Benchmark for Trade and Supply Chain Finance

The International Chamber of Commerce (ICC) has highlighted the latest capabilities of its Trade Register, a data-driven tool designed to provide a global benchmark for the trade and supply chain finance industry. Drawing on over a decade of data from leading global banks and covering $25.7 trillion in transactions, the register offers critical insights into default rates and risk performance. This resource is essential for financial institutions seeking to optimize capital and align with global regulatory standards by demonstrating the low-risk nature of trade finance assets.

The ICC Trade Register serves as a comprehensive strategic asset for the supply chain finance sector, utilizing aggregated data from major global banks to provide insights into risk performance and loss rates. The register covers a massive scope of $25.7 trillion in transactions, offering various levels of reporting that include global default figures, regional breakdowns for Africa, APAC, Europe, and the Americas, and specific country-level analysis. These reports, which range in price from €2,500 for a global overview to €30,000 for the full dataset, allow institutions to access detailed Loss Given Default (LGD) metrics and identify emerging market opportunities.

The initiative has had a significant impact on the regulatory landscape by providing the empirical data necessary to advocate for more favorable treatment from global regulators. According to the ICC, the register has helped banks unlock millions in capital savings and has been instrumental in positioning trade finance as a low-risk asset class. This data-driven approach provides the trade finance community with the clarity and confidence required to make smarter strategic decisions and strengthen overall risk management.

The high standards of the Trade Register are maintained through a strategic partnership between the ICC, Boston Consulting Group, and Global Credit Data. Membership in the register offers additional benefits beyond data access, including custom benchmarking, early data access, and the ability to participate in project steering to help define the future of the industry. The ICC also encourages non-bank corporations to engage with the platform to increase their visibility within the global financial and banking sectors.