Increasing acceptance of weather derivatives will have a positive impact on the credit quality of European energy utilities, according to a report by Standard & Poor’s. One of the most important benefits of such products is their potential for managing price volatility in the energy markets. ‘Weather derivatives can provide utilities with protection from many of the variables in the energy market, not least by hedging some of the risks of generation,’ said credit analyst Paul Lund. ‘They therefore have a positive impact on utilities’ business and financial profiles.’ The report examines how weather derivatives operate and the ways in which they can be used to hedge against price risk. It also examines the development of the weather derivatives market, the political and financial impetus behind that development, and the technological issues affecting the success of renewable energy sources, which are of particular importance to weather derivative products.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more