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Writer's pictureTod'Aérs Staff

Pleiades Neo Market Series: Banking and Finance


Enhancing Risk Assessment and Decision-Making with Satellite Technology


Risk assessment is a cornerstone of financial operations, especially for mortgage lenders, conveyancers, property surveyors, valuers, and insurance underwriters. Traditional methods often rely on incomplete or outdated information, which can lead to erroneous decisions and financial repercussions. By utilizing advanced satellite imagery, financial institutions can achieve a more precise understanding of environmental risks such as floods and subsidence at the property level.


These solutions offer an in-depth visualization of such risks, providing accurate insights that enable informed decisions on insurance and mortgage applications. This proactive approach not only reduces potential financial losses but also accelerates the decision-making process, mitigating risks associated with property investments and ensuring effective management of property portfolios.


Comprehensive Solutions for the Banking and Finance Market


Pléiades Neo offers a range of comprehensive geospatial solutions designed for the banking and finance market. These solutions include detailed data and analysis tools that support a variety of financial applications:


  1. Banking: Accurate risk assessments for mortgage lending are essential. Pléiades Neo's imagery enables high precision in risk predictions and shortens decision turnaround time, aiming for a 95% accuracy rate in risk assessments.

  2. Property Valuation and Analysis: For property valuation, Pléiades Neo facilitates frequent updates to property data, aiming for updates every 24 hours. This improves the accuracy of valuations and ensures timely information for decision-making.

  3. Insurance Underwriting: Accurate risk identification and reduced claim frequency are crucial. Pléiades Neo’s data aids in pinpointing risks more precisely, with the goal of decreasing claim frequency by 10%.

  4. Finance: Portfolio risk management benefits from accurate and integrated data. Pléiades Neo supports a target accuracy of 98% in risk assessments.

  5. Climate Change Reporting: Pléiades Neo facilitates the timely and accurate reporting of climate change impacts, aiming to deliver reports within 48 hours.

  6. Environmental Risk Visualization: High-resolution imagery helps to accurately visualize environmental risks, achieving 99% accuracy in risk detection.


SpatiaCore: A Comprehensive Geospatial Solution


The flagship product, SpatiaCore, enhances financial decision-making through a range of geospatial services. It provides various tools including data provision, portfolio risk assessment, climate change reporting, and industry insights. Integrating SpatiaCore with Pléiades Neo data offers financial institutions a robust platform for managing risks and optimizing portfolios.


SpatiaCore's services are backed by multi-sensor, multi-resolution, and multi-source data, creating a strong foundation for effective risk management and strategic decision-making. This comprehensive data set features exclusive access to the largest commercial satellite constellation, along with precise geospatial layers and grids.


The Impact of Pléiades Neo Satellites on Financial Services


The Pléiades Neo satellites represent a significant advancement in Earth observation technology. With their high resolution of 30 cm and the capability to revisit any point on Earth at least twice daily, they offer unparalleled data quality and accuracy. The constellation, consisting of two identical spacecraft, collectively contributes approximately 1,000,000 km² of imagery to Airbus' repository each day.


Accessible through the OneAtlas digital platform, Pléiades Neo data includes both fresh and archived imagery, enhanced by powerful analytics tools. This high-resolution imagery improves image analysis for both human experts and machine learning algorithms, supporting more precise risk analysis and damage assessments. The Pléiades Neo constellation’s excellence in geolocation accuracy and spectral band information makes it an invaluable resource for navigating complex risk management challenges and optimizing financial portfolios.



Navigating Future Challenges with Advanced Satellite Solutions


Pléiades Neo’s advancements in Earth observation technology represent a significant breakthrough for the banking and finance sectors. With its high-resolution imagery and frequent updates, Pléiades Neo improves risk assessment and decision-making processes. Financial institutions can utilize these advanced satellite solutions to manage assets more effectively, optimize portfolios, and navigate the complexities of modern financial challenges.


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