Storm Exchange World Climate Service

About the Service

Companies, traders, investors and meteorologists whose decisions are significantly dependent on weather-related risk need the best possible assessment of the potential impacts of weather three and six months into the future.

Built on the best available meteorological science in the world today, the Storm Exchange World Climate Service is designed for clients who need to identify the risks and opportunities driven by the upcoming seasonal climate conditions.

The objective is to confer an advantage through a probabilistic forecast that verifiably improves performance in planning, trading, and operational decisions.

Important Features

The Storm Exchange World Climate Service brings together a unique set of services that represent a market-leading price/value equation. These include:

• An optimized version of the world's premier medium range weather forecast (ECMWF) produced in visual form on a GIS/global map with the ability to zoom in to view detail on the future weather in specific regions worldwide.
• Monthly updates of forecasts for the upcoming three months in probabilistic formats for six continents or geographical areas.
• Forecast data calibrated and back-tested by one of the world's leading teams of Ph.D. meteorologists at the Storm Exchange Weather Risk Center located on the campus of the Pennsylvania State University.
• Monthly 90-day industry outlooks and diagnostics developed by our scientists and financial analysts who bring meteorological judgment and expertise to the numbers.
• Clear, easy to understand visualizations help decision makers and analysts to quickly mine actionable insights from the forecast data. Access is via an easy-to-use, online application that maps the probabilities of user defined events by month and location at the click of a mouse. Monthly reports are provided in PDF format.

For more information call 646.237.5362 or sales@stormexchange.com

Verification and Track Record

The service has been in operation for several years, and we provide clients with full transparency into our track record. Verification and summary reporting of our forecast is available going back to 2005.

Team

Our outlooks are developed by Storm Exchange Ph.D. scientists and contributing experts who use the latest technologies, scientific research, and innovative techniques available today. Contributing meteorologists include:

• Dr. John A. Dutton, Chief Scientist, Storm Exchange. Dean Emeritus at the School of Earth and Mineral Sciences and Professor Emeritus of Meteorology, The Pennsylvania State University. Leading national authority on weather and climate risk
• Dr. Jeremy Ross, VP, Research and Operations, Storm Exchange. Dr Ross was previously the lead researcher for Weather Ventures and manager of research and development for ZedX Inc., an information technology company specializing in the development of weather-dependent decision-support products

Pricing

Annual Subscription: $8000/Year

Publishing Schedule

Forecasts are updated monthly and available for customers by the 20th of each month.

About Storm Exchange

Storm Exchange is a leading provider of weather-related financial risk and information services.

The company helps corporations improve performance by identifying, quantifying and controlling the impact of weather on their income and expenses. Storm Exchange also serves investors, insurers and other financial industry participants with analytic solutions that offer greater insight into how weather impacts investment and risk portfolios.

Storm Exchange solutions include industry-specific weather indices, data/analytics, forecasted weather risk scenarios, and hedging programs. These solutions address the fundamental drivers of financial performance that result from exposures to precipitation, wind, temperature and other climate variables.

Storm Exchange is headquartered in New York and operates a weather research center in State College, PA.