@ENERGY / Weather
@ENERGY/Weather is an Excel-based product that can calculate values and hedge statistics for a variety of weather derivatives, including standard over-the-counter derivatives and structured transactions. Weather captures the sophisticated nature of weather behavior, provides a comprehensive set of results and provides decision support, enabling users to exercise weather options optimally. Weather comes with well-documented Excel workbook templates that are designed to help users maneuver up the learning curve quickly, and the Weather functions can also be incorporated into trade-capture and risk management systems via the library version, ErgLib, ensuring consistency between the analytics of desktop and system users.
Key Benefits:
- Value derivatives using industry best practices
- Calibrate temperature forward curve and implied volatility curve from historical data or utilize curves generated by third-party models
- Capture the seasonality implicit in weather
- Dynamically hedge derivatives using the hedge curves
- Model weather derivatives quickly using common use templates