Professional Services software - Charleston, SC, US
Speedwell Settlement Services Ltd is the leading provider of meteorological Settlement Data for parametric climate risk contracts worldwide. Speedwell Settlement Services Ltd is a subsidiary of Speedwell Associates Ltd. The Speedwell group has been involved in the climate risk market since 1999.For the past decade Speedwell has provided the data used to settle parametric climate risk contracts –"Settlement Data" for both OTC weather transactions as well as exchange-listed contracts. Our success in this market is linked to our belief that climate data is a form of financial data. The ability to provide reliable, transparent, timely, and independent data is key for any climate risk transaction.Speedwell Settlement Services was authorized by the United Kingdom Financial Conduct Authority with an effective date of 7 August 2018 and was granted a Part 4A permission under Part 4A of the Financial Services and Markets Act 2000 ("FSMA") to carry on the regulated activity of administering a benchmark. That Part 4A permission constitutes SSS's 'Registration' for the purposes of the UK Benchmarks Register.
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