How It Works
Service Pricing
The cost of the Settlement Data Licence is dependent upon the following factors.
Type of Settlement
With Speedwell Settlement Services it is possible for customers to request the standard Settlement Methodology or request the implementation of a custom methodology. Fees vary based upon the complexity of custom requests.
Type of Data
Different data sources imply different time requriements in implementing the Settlement Methodology. Pricing takes into account whether the data is surface data (daily / hourly), gridded data, or proprietary indices (incl. Wind Power Indices).
Length of the Transaction
Longer risk periods are more demanding of Speedwell infrastructure and require additional quality control processing.
Size of the Transaction
The service pricing algorithm incorporates generalized "deal size" (max payout or premium) when calculating fees. This factor is considered whereas deal size is linked to potential legal liabilities.
Type of Transaction
An additional fee can apply for swap transactions.
All pricing is transparent and can be accomplished using the Settlement Data Pricing Matrix (available upon request)