Provided by Speedwell Calculation Services Limited, this service provides the necessary information to value an index-based weather contract on a day-by-day basis. SCS integrates the latest weather observations and numerical weather forecasts to automatically generate end-of-day valuations, VaR and other risk metrics.
Valuation: Mark-to-Market (MTM) and Mark-to-Model valuations for complex weather transactions. Our calculations are based on advanced modelling using the Speedwell Weather System (SWS), the only independent third-party weather derivative valuation system as provided since 2002.