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Financial Services: Banking

Quantify Climate Risk and unlock insights on physical risks so you can align with regulations.

Spectra is the enterprise-wide risk solution to fully integrate climate risk into your business strategy and risk management, understanding key risks and opportunities, enabling full regulatory compliance as well as informed decision making.

Climate Risk Data for
Corporate / Retail & Investment Banks

Spectra allows you to assess your climate-related materiality exposure and quantify potential financial losses — in few clicks, at your convenience and without intermediaries.

Transparent Science to Navigate Climate Risk Data

Our models are peer-reviewed by industry specialists for accuracy and we back them with detailed methodology in every report with even more detail in our knowledgebase.

Our data is reliable, transparent and updated with a regular cadence.

A platform that goes beyond
climate risk

Identify your firm's portfolio critical risk drivers, quantifying climate impacts on collateral valuation and insurability considerations.

Leverage the power of our enterprise-wide climate risk solution to enable effective risk management and decision making across your organisation.

Regulatory Compliance Made Simple

It’s easy: Log in to Spectra, upload a .csv with up to 500k addresses and download the user-friendly PDF report for enterprise-wide use and communication.

Complete your climate risk disclosure in minutes, with all the data and methodology supporting it.

Climate Risk translated into financial impacts

Access data on your potential annual exposure to climate-related hazards.

Empower your decision-making with actionable insights on 17 physical risks as well as transition costs based on multiple RCP/SSPs.

Want to dive straight into Spectra?

Book a demo now and begin assessing your portfolio today. If you’re just approaching climate risk, you can also take a look at our free Operation Manual for Banking Professionals.

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We speak your language.

Our team boast decades of experience in the financial services sector, while we speak your language, we also adhere to industry standards. We're InfoSec compliant and work in accordance with the PRA's Model Risk Management (MRM) frameworks.

Asset Breakdown
Climate Risk Flood Classification Matrix
Single Asset Climate Risk Exposure
Asset Breakdown

Navigate complex climate risks with banking-focused reports

Spectra delivers extensive reporting tailored for the banking industry in as little as two clicks with our online self-service platform or the ability to plug straight into the digital core via our customisable API to easily integrate data with your existing systems to power dashboards and widgets.

  • Perfect for Stress Testing, Annual Reports, ICAAP, Capital, ECL and other statements.
  • Create comprehensive Asset & Portfolio-level Reports in seconds as a PDF.
  • Compare climate risk exposures between portfolios to implement robust risk management procedures and make strategic decisions that drive long-term value.
  • Compare your investment performance at a regional level.
  • Plug-and-play integrations with PowerBI Enterprise, Qlik View, Tableau, etc.

Trillions of data points with global coverage down to as little as 10m

Enhance your credit assessments and lending decisions, assessing your materiality exposure to the impact of climate hazards. 

17 Physical Risks: includes river flooding, coastal flooding/sea level rise, surface flooding, subsidence, landslide/coastal erosion, wildfire, heat stress, storms, hurricanes, and drought/water stress, etc.

Multiple RCPs, 80-year span: RCP 2.6, 4.5, 6.0, & 8.5 (EA/LA) + SSPs, in as little as 5-year intervals from 2020-2100.

Output:

  • Portfolio physical risk score and risk volume distribution.
  • Hazard-specific risk rating, including accuracy (up to 99%), probability and severity.
  • Physical risk annual losses in monetary value and percentage.

Quantify financial losses and exposures - all the way to the year 2100 - with full EPC coverage in UK & Europe

The banking industry faces substantial transition risks as it strives to align with net-zero targets while being presented with opportunities to generate new sources of value through the climate transition.

Spectra calculates Europe-wide Energy Performance Certificate (EPC) ratings for over 300 million buildings. Plus, Spectra has 100% coverage of EU and UK EPC ratings.

Settings available: Defineable EPC target year for EPC C.

Output:

  • Physical Damage, combing hazard, exposure and vulnerability, built on industry frameworks.
  • Scenario-linked transition costs, including EPC mapping (UK & EU) - even for assets without existing ratings.
  • Company-wide risk, factoring decline in labour productivity and infrastructure disruption.

Backed by academia, trusted by industry

Leveraging climate risk data you can trust is essential - we go beyond mere data aggregation by providing granular and actionable data for climate resilience.

  • Built in-house by a value-led, diverse and world-class team of climate scientists.
  • Peer-reviewed by industry experts.
  • Fully validated models.
  • Detailed and consistent methodology for all hazards/perils.
  • Models achieving up to 99% accuracy.
  • Detailed and comprehensive documentation & knowledgebase + support framework explaining the science and the data we project.

A future-proofed platform

Governments and Central Banks worldwide are urgently deploying policy, legislation and regulation forcing climate-risk assessments across the global economy.

As the regulatory landscape continues to rapidly evolve to address climate risk, significant reforms are being implemented to ensure that industries are directly aligned with net-zero goals.

We follow the latest developments to make sure you’re always one step ahead, offering granular climate data for effective regulatory compliance and alignment with the evolving landscape:

  • EU Taxonomy.
  • NGFS aligned pathways.
  • ECL / ICAAP / IFRS S2.
  • Stress testing/scenario analysis requirements.

Reporting

Turn data into actionable insights to make faster, smarter, informed decisions

Spectra delivers extensive reporting tailored for the real estate industry in as little as two clicks with our online self-service platform or the ability to plug straight into the digital core via our customisable API to easily integrate data with your existing systems to power dashboards and widgets.

  • Perfect for Stress Testing, Annual Reports, ICAAP, Capital, ECL, TCFD and other statements.
  • Create comprehensive Asset & Portfolio-level Reports in seconds as a PDF.
  • Compare climate risk exposures between portfolios to implement robust risk management procedures and make strategic decisions that drive long-term value.
  • Compare your investment performance at a regional level.
  • Plug-and-play integrations with PowerBI Enterprise, Qlik View, Tableau, etc.

Physical Risks

Trillions of data points with global coverage down to as little as 10m

Enhance the protection of your global investment exposures to NGFS-aligned physical risks with our state-of-the-art platform.

17 Physical Risks including: river flooding, coastal flooding/sea level rise, surface flooding, subsidence, landslide/coastal erosion, wildfire, heat stress, storms, hurricanes, and drought/water stress.

Multiple RCPs, 80-year span: RCP 2.6, 4.5, 6.0, & 8.5 (EA/LA) + SSPs, in as little as 5 year intervals from 2020-2100.

Output:

  • Portfolio physical risk score and risk volume distribution
  • Hazard-specific risk rating including accuracy (up to 99%), probability and severity
  • Physical risk annual losses in monetary value and percentage

Transitional Risks

Quantify financial losses and exposures, all the way to the year 2100

The real estate industry faces substantial transition risks as it strives to align with net-zero targets while being presented with opportunities to generate new sources of value through the climate transition.

Spectra calculates Energy Performance Certificate (EPC) ratings for over 300 million buildings worldwide.

Settings available: EPC target year for EPC C

Output:

  • Physical Damage, combing hazard, exposure and vulnerability, built on industry frameworks.
  • Scenario-linked transition costs including EPC mapping, even for assets without existing ratings.
  • Company-wide risk, factoring decline in labour productivity and infrastructure disruption.

Quality of Data

Backed by academia, trusted by industry

Leveraging climate risk data you can trust is essential - we go beyond mere data aggregation by providing granular and actionable data for climate resilience.

  • Built in-house by a value-led, diverse and world-class team of climate scientists.
  • Peer-reviewed by industry experts.
  • Fully validated models.
  • Detailed and consistent methodology for all hazards/perils. 
  • Models achieving up to 99% accuracy.
  • Detailed and comprehensive documentation & knowledgebase + support framework explaining the science and the data we project.

Regulatory Compliance

A future-proofed platform

Governments and Central Banks worldwide are urgently deploying policy, legislation and regulation forcing climate-risk assessments across the global economy.

As the regulatory landscape continues to rapidly evolve to address climate risk, significant reforms are being implemented to ensure that industries are directly aligned with net-zero goals.

We follow the latest developments to make sure you’re always one step ahead, offering granular climate data for effective regulatory compliance and alignment with the evolving landscape:

  • TCFD & EU Taxonomy 
  • NGFS aligned pathways
  • GRESB / CRREM / Article 8/9
  • Stress testing/scenario analysis requirements.

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