Overview
Spectra empowers businesses to understand their vulnerabilities to the physical impacts of climate change and supports their climate adaptation planning. By identifying risks early and providing actionable insights, Spectra helps organizations mitigate climate risks effectively and develop robust adaptation strategies to protect their assets and investments.
The platform automates physical risk assessments and climate adaptation across key business functions, such as financial risk management, stress testing, compliance, portfolio management, originations, acquisitions and due diligence. Spectra's advanced financial modeling capabilities project the risk of extreme weather events, from hurricanes and wildfires to floods and droughts, across various warming scenarios, translating these physical threats into actionable financial impact metrics.
Developed by scientists, Spectra offers forward-looking data modeling that integrates evolving climate projections with proprietary building vulnerability data, covering over 1.5 billion assets worldwide. This comprehensive hazard library, combined with high-resolution coverage, enables users to quantify physical climate risks with precision, supporting smarter investment decisions and providing a competitive edge. With customisable building parameters, RCPs & SSPs climate scenarios, time horizons extending up to 2100, and asset-level insights, businesses can anticipate and mitigate future climate risks with unparalleled granularity.
Scalable and user-friendly, Spectra delivers its data through a SaaS platform and API, seamlessly integrating into existing workflows without the need for costly consultancy services. The platform's robust scientific methodology ensures transparency and accuracy, aligning with MRM principles and regulatory frameworks such as TCFD, CSRD, and EU Taxonomy, making it a trusted solution for managing climate risks in the financial sector.
Beyond risk identification, Spectra's climate adaptation data provides clear insights into mitigation options and their CapEx requirements, helping businesses de-risk assets and safeguard their value. This enables the creation of effective climate adaptation plans in minutes, without reliance on third-party services, ensuring businesses remain resilient in the face of evolving climate challenges.
Highlights
- Comprehensive Climate Risk Analysis: Spectra offers forward-looking data modeling, integrating evolving climate projections with proprietary building vulnerability data across 1.5 billion assets, enabling businesses to anticipate and mitigate climate risks with precision.
- Automated Risk Assessments: The platform streamlines physical risk assessments and climate adaptation across key functions, providing actionable financial impact metrics for extreme weather events, ensuring smarter investment decisions and strategic risk management.
- Seamless Integration & Compliance: With a user-friendly SaaS platform and API, Spectra integrates effortlessly into existing workflows, providing transparent and accurate data that aligns with MRM principles and regulatory frameworks like TCFD, CSRD, and EU Taxonomy.
Details
Features and programs
Financing for AWS Marketplace purchases
Pricing
Dimension | Description | Cost/12 months |
|---|---|---|
Mortgages Lite - 5,000 Assets | Base Price: Mortgages Only. Spectra Lite provides access to 1 Climate Scenario and 3 Hazard Types. Outputs are Ratings only. Please contact the ClimateX sales team directly to access additional features and products. | $31,500.00 |
CRE Lite - 250 Assets | Base Price, Includes Mortgages . Spectra Lite provides access to 1 Climate Scenario and 3 Hazard Types. Outputs are Ratings only. Please contact the ClimateX sales team directly to access additional features and products. | $20,000.00 |
The following dimensions are not included in the contract terms, which will be charged based on your usage.
Dimension | Description | Cost/unit |
|---|---|---|
Per Mortgage Asset between 5,001-10,000 | Per Asset between 5,001-10,000 | $5.85 |
Per Mortgage Assets over 10,000 | Per Assets over 10,000 | $4.90 |
Per CRE Asset between 251-500 | Per CRE Asset between 251-500 | $62.00 |
Per CRE Assets over 500 | Per CRE Assets over 500 | $57.00 |
Vendor refund policy
No refunds are provided.
Legal
Vendor terms and conditions
Content disclaimer
Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Support
Vendor support
When you choose Spectra, you're not just getting a product - you're gaining a dedicated partner committed to your success. Each client is assigned a dedicated Customer Success Manager who will work closely with you, helping you onboard and guiding you through every step of your journey with Spectra.
You also get access to our comprehensive Product User Guide and internal FAQ in our Help Centre, which provide quick answers and resources whenever you need them.
As your business and industry evolve, we are here to adapt alongside you, ensuring Spectra continues to meet your needs and solve your challenges both today and in the future. We're committed to supporting you every step of the way, with personalized assistance and expert guidance. For any enquiries, contact enquiries@climate-x.com
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
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