Veronica chamaedrys ("Speedwell")
Known since Roman times as a medicinal herb. A perennial flowering March-July

About Speedwell Weather Derivatives


Founded in 1999, Speedwell Weather Derivatives provides world-wide historical weather data, weather data feeds, forecasts, software and consultancy to the energy and weather derivative markets. Speedwell is the provider of the Speedwell Weather System,the pre-eminent weather derivative pricing system.

Speedwell assists companies looking to hedge against weather risk by quantifying such exposure, structuring an appropriate hedge and placing the risk within the weather market. From our offices in the UK and USA we serve international clients in the energy, banking, insurance, and investment fund sectors.  

SWD is authorised and regulated by the UK financial services regulator, the Financial Services Authority.


Speedwell Weather System ( SWS )

SWS is an open, internally-installed client-server software application for the weather derivatives market. SWS covers weather derivative pricing, portfolio risk management and weather data and forecast warehousing. Both the capital-markets and portfolio/actuarial methodologies used in the weather market are supported. SWS integrates with historical weather data and forecasts supplied by multiple suppliers. SWS offers full support for front, middle and back office functions including the process management of the entire life cycle of a weather derivative trade. SWS is used by banks, insurance companies, investment funds and energy companies worldwide.

 

  Financial Services Authority