For financial institutions of all types, the need to manage, appraise, and report on physical and transitional risk associated with climate-related impacts is essential.
And getting ahead of any legislative change should be vital for all.
Gamma encodes property backed loans, including mortgages, with current and future flood risk due to climate change. Gamma also encodes data with energy performance data to allow accurate reporting on current CO2 emissions of the loan book.
While the focus is predominantly on the banking sector, others are investigating this too, and the implementation of Gamma’s APIs to allow the assessment of flood risk at loan inception have proven vital in aligning to compliance and net-zero objectives.
Utilised alongside Perilfinder, this data enables the user to visually assess higher value properties and land not yet developed.
BENEFITS:
- Speed to quote
- Consistent decision-making
- Aligned with your risk appetite(s)
- Frictionless updates
GAMMA PRODUCTS USED:
Typical solutions used – in isolation, combination or within their typical workflow:
