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The EO-FIN project is funded by ESA as a series of EO best practicesone of the ESA best practice series of projects with a focus on the financial management sector. The main purpose of this activity aim of the EO-FIN project is to understand the Financial Management sector’s requirements for geospatial information and what the current , and short-term future(including near future), capabilities of Earth Observation (EO) are to support the Financial Management sector, and what EO best practices need to be met to best respond to this sector’s needs and requirements. GMV in partnership with London Economics are responsible for completing these activities. The EO-FIN project is 18 months and started in January 2023. In tandem, this activity aims to promote and expand, through standardisation, best practices and awareness-raising, the development and expansion of high-quality EO services in the said sector. More specifically, the objective of the present activity is to establish the current geo-information needs and requirements within the sector of Financial Management (FM), sector’s needs on Geospatial services.

EO-FIN seeks to identify the best practices allowing the EO industry to respond to these requirements through high-quality, standardised, EO products and services and, finally, define a roadmap for the implantation of these EO best practices. For the purposes of this activity, the FM Financial Management sector will be represented by stakeholders operating in the following four FM Financial Management markets: Investment Management, Risk Managementmanagement, Insurance Management and Green Finances. The entire scope of the EO-Fin project will be covered by five major WPs :

  1. WP100: Collection of geoinformation requirements and associated constraints.
  • 1: Co-coordination of first industry sector workshop with ESA.
  • 2: Geoinformation requirements gathering and consolidation.
  1. WP200: Development of current EO capabilities and use.
  • 1: Collection of current EO capabilities and use,
  • 2: Gap analysis,
  • 3: Organisation of a workshop with key players,
  • 4: Identify the prototype service cases,
  1. Development of a service prototype.
  • 1: Development of a service prototype
  • 2: Gathering of feedback and lessons learnt.
  1. Development of a best practice roadmap.
  • 1: Development of a best practice roadmap.
  1. Overall management.