The IACPM is a non-profit organization dedicated to advancing the practice of credit portfolio management.
The IACPM is an industry association established in 2001 to further the practice of credit exposure management by providing an active forum for its member institutions to exchange ideas on topics of common interest.
Membership in the IACPM is open to all financial institutions that manage portfolios of corporate loans, bonds or similar credit sensitive financial instruments.
The Association represents its members before legislative and administrative bodies in the US and internationally, holds annual conferences and regional meetings, conducts research on the credit portfolio management field, and works with other organizations on issues of mutual interest relating to the measurement and management of portfolio risk.
Currently, there are 89 financial institutions worldwide that are members of the IACPM. These institutions are based in 14 countries and include many of the world’s largest commercial wholesale banks, investment banks and insurance companies, as well as a number of asset managers.
Today, the credit crisis is reshaping the environment for financial institutions globally. Measuring and managing credit risk is assuming ever greater importance, and credit portfolio management – across loan, bond and credit derivative markets – is increasingly complex.
As active participants in each of these markets, credit portfolio managers today are frequently facing a variety of issues for the first time. These include the challenges of structuring transactions that involve all three markets, as well as the challenges of managing less liquid or illiquid risks.
The IACPM recognizes the unique and evolving role of credit portfolio managers in today’s financial markets, and offers an excellent forum through which these issues can be identified, understood and addressed.