Achieve equity and create a more just world
Every community has been impacted differently by systemic burdens that have inhibited economic growth in BIPOC neighborhoods. By leveraging powerful tools for spatial analytics, financial services providers can identify hyperlocal needs unique to every locale and tailor products and services that will maximize participation and growth.
Structural barriers to financial participation have resulted in discriminatory economic inequalities for many living in BIPOC communities. Location intelligence helps financial services providers identify and analyze areas affected by racial biases to determine the proper ways to increase equitable practices.
Although discrimination based on race, known as redlining, was formally prohibited in 1968, the effects of these unethical policies are still seen today in BIPOC communities. Location intelligence empowers financial services providers to identify impacted neighborhoods, ensuring equitable access to economic institutions regardless of demographics.
Esri's solutions for mapping and spatial analysis enable financial institutions to better manage their racial equity initiatives. With near real-time metrics and powerful, interactive dashboards for visualization, these organizations can constantly monitor and share their progress on community investments.
