Professional Services software - Charleston, South Carolina, US
Speedwell Settlement Services Ltd is the leading provider of indices and benchmarks for settlement of index-based weather / climate risk-transfer contracts worldwide. Speedwell Settlement Services Ltd is part of the Speedwell Climate group of companies. which has been involved in the climate risk market since 1999. For over 10 years Speedwell Settlement Services has provided the data used to settle index-based climate risk-transfer contracts – “Settlement Data” for both over-the-counter transactions as well as exchange-listed contracts. Our success in this market is linked to our belief that weather / climate data is a form of financial market data. The ability to provide reliable, transparent, timely, and independent data is key for any risk-transfer transaction. Speedwell Settlement Services is positioned to meet the broad needs of the weather / climate risk transfer markets. Our services include the provision of Settlement Data for contracts covering hydropower generation (rainfall), renewable power (Wind and Solar Benchmarks), temperature-related risks (HDD and CDD), tropical cyclone, river height, … Regulatory: Speedwell Settlement Services Ltd 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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