Trepp Announces RMS Integration to Give CMBS Investors Access to Environmental Risk Measures
Summary
The Trepp integration of RMS solutions provides an environmental risk score for properties backing commercial mortgage-backed securities (CMBS) loans. For years, RMS has provided accurate, holistic risk scoring to the insurance markets to support quantifying the potential cost of disasters like Category 5 hurricanes and similar environmental catastrophes. The risk scores range from one-to-five and measure the likelihood of property damage and business interruption from earthquakes, flooding, wildfires, hurricanes, tornadoes, hail, winter storms, and thunderstorms. Trepp provides primary and secondary market participants with the web-based tools and insight they need to increase their operational efficiencies, information transparency, and investment performance. RMS helped pioneer the catastrophe risk industry, and continues to lead in innovation by marrying data and advanced model science with leading-edge SaaS technology.