ATLANTA & NEW YORK–Intercontinental Trade, Inc. (NYSE: ICE), a number one world supplier of knowledge, expertise and market infrastructure, at this time introduced the launch of its climate forecast knowledge on its ICE Join platform. ICE Join customers can now entry a primary in variety capacity to attach streaming climate knowledge to streaming tick data, making it simpler for purchasers to see how altering climate forecasts affect stay market costs.
Temperature, diploma days, precipitation, visibility, wind and photo voltaic radiation are a couple of meteorological elements which have the potential to impression power, agriculture and different weather-sensitive devices. The power to know the consequences of those forecast variables is essential to merchants, analysts and meteorologists. ICE’s proprietary expertise affords its clients an answer that helps set up, quantify and digitize huge quantities of streaming climate and value knowledge that’s transformed into actionable insights.
“Accessing a complete assortment of world climate knowledge that’s mapped to security-level data affords ICE clients a singular capacity to make extra knowledgeable selections,” stated Maurisa Baumann, Senior Director, Desktop Merchandise at ICE. “Buyers, merchants and market individuals are additionally specializing in the connection between local weather, climate and markets as they search to handle danger and uncover alternatives. ICE’s climate answer offers one other compelling useful resource for customers to plot, analyze and perceive the rising relationships between meteorological forces and their impression on value knowledge.”
By combining streaming climate knowledge with ICE’s in depth assortment of pricing knowledge, clients can now work together with climate and value data to know and analyze the impression streaming climate forecasts have on power, agriculture and different weather-sensitive instrument costs. Customers can simply visualize and quantify the placement and depth of climate occasions, which helps them higher perceive market value actions. ICE has additionally launched an revolutionary climate knowledge symbology that permits customers to simply entry uncooked climate knowledge in a every day or hourly format for deeper statistical evaluation of market knowledge.
ICE’s climate platform makes use of knowledge from a few of the most well-regarded world authorities climate forecast fashions, together with the International Forecast System and the European Centre for Medium-Vary Climate Forecasts, offering clients with complete mannequin knowledge. The answer offers increased spatial and temporal decision than these sources, which affords customers a extra correct model of those authorities climate forecast fashions. It additionally accommodates forecast and climate observations for hundreds of world climate areas, together with each every day and hourly intervals. All climate forecasts are completely archived and climate observations lengthen again 40 years for all forecast variables throughout areas.
ICE continues to develop instruments that permit customers to raised perceive the position ESG issues and nonfinancial elements play in uncovering market alternative and understanding danger. ICE lately launched ICE Local weather Danger, which applies geospatial local weather, financial and demographic knowledge to assist allow evaluation and comparability between particular municipalities and securities.
ICE Climate is now obtainable via ICE Join. For extra details about ICE’s climate providing, please go to: https://www.theice.com/market-data/desktop-solutions/ice-connect/weather-data.
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