Making geospatial data accessible.
Many institutions lack internal capabilities for dealing with geospatial data across traditional business lines.
Yet, they increasingly have to deal with geospatial data as climate risk assessments become more common.
Business analysts and consultants across existing business lines typically rely on spreadsheet software for analysis.
Institutions and consultants are struggling with geospatial data. Over the past year, climate risk assessment exercises have revealed many issues for institutions.
Many business analysts don't have prior experience in dealign with geospatial formats such as NetCDF and GeoTIFF. However, these files are becoming increasingly common.
In 2024, financial institutions had to work with NetCDF files for wildfire assessment as a part of the mandatory Standardized Climate Scenario Exercise, which created many bottlenecks across business lines.
Institutions have to increasingly work with complex multi-point geocoding strategies for their assets and map them onto spatial maps.
Only specialized functions within institutions are familiar with these operations, creating bottlenecks and interdependencies due to lack of access to these tools.
Institutions have to increasingly perform geospatial operations to determine properties and boundaries of assets, and to produce proxies where data limitations pose an issue.
As an example, both the Standardized Climate Scenario Exercise and the Climate Data Returns in Canada require financial institutions to compute statistics per geographical boundary. Given the specialized skills and software required, this produces a bottleneck for institutions.
TerraTab democratizes access to geospatial data and operations. Given that most analysts are most comfortable with spreadsheets, TerraTab provides a familiar interface for not just dealing with geospatial data through spreadsheets, but also using spreadsheet formulas and operations to perform custom geospatial operations required by the new era of climate risk assessment.
Contact to learn moreTreatable provides a singular familiar software for business analysts, consultants, and other business lines to deal with geospatial data