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WSI MarketFirst™
Following years of research WSI has engineered a breakthrough technique that provides early insight into expected model changes up to one hour before new model runs come out. This new technique is the foundation of WSI MarketFirst, an innovative product from WSI that effectively delivers a “forecast of a forecast” of the Global Forecasting System (GFS) and European Centre for Medium-Range Weather Forecasts (ECMWF) models before they are publicly issued. WSI MarketFirst provides energy trading professionals with the advanced notification they need to make critical decisions before the rest of the market.

Available via a secure password protected website and via email, WSI MarketFirst displays eye-catching, color coded graphics detailing WSI's predicted confidence for the forecast period, the forecasted difference between the previous and upcoming model runs, immediate forecast verification, and expert text commentary all on one screen. Offered exclusively from WSI, WSI MarketFirst provides traders with a critical first look at the forecast to help them take control of weather volatility.

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the wsi advantage
Take Control of Weather Volatility
WSI’s breakthrough technique provides early insight into differences between model forecasts allowing more time to make better informed decisions.
 
Stay Ahead of the Market
Offered exclusively from WSI, WSI MarketFirst provides energy trading professionals with a unique perspective and a key advantage over the competition.
 
Built by a Leading-Edge R&D Team
WSI’s Research and Development team is dedicated to understanding the needs of energy traders and delivering innovative solutions which allow customers to more effectively predict weather's impact on the markets.
 
Trade With Confidence
Top energy trading groups and financial institutions trust WSI to supply them with easy to use, timely and expert weather guidance to help anticipate market volatility, mitigate risk, and make critical decisions with confidence.
 

key features

WSI MarketFirst™ is a proprietary, patent-pending technique that predicts the forecast of future weather models, including the Global Forecasting System (GFS) and European Centre for Medium-Range Weather Forecasts (ECMWF). WSI MarketFirst is available for both North America and Europe, and is comprised of aggregate forecasts as well as individual days to line up with key trading periods. The forecasts are not of future weather conditions, but of future model output. WSI MarketFirst is issued up to one hour prior to model outputs, providing early, valuable information to energy traders.

 

Available in both North American and European views

WSI MarketFirst
Your Critical First Look at the Forecast

  • Forecast available up to one hour before model data is made public
  • Graphical views of forecasted difference between the previous and upcoming model run
  • Immediate verification of WSI’s forecasts as soon as models are released
  • WSI’s predicted confidence for the forecast period
  • Accessible via a secure password protected website

     
    North America
    Europe
    Predictions
  • 12Z Global Forecasting System (GFS) model issued by NOAA
  • 06Z and 12Z Global Forecasting System (GFS) model
  • 00Z and12Z European Centre for Medium-Range Weather Forecasts (ECMWF)
    Products
  • 2m Temperature
  • 850mbTemperature
  • 500mb Temperature
  • 2m Temperature
  • 850mbTemperature
    Verification WSI’s automated verification technique compares the current model run relative to the previous model run and calculates the directional correctness of the forecast on a regional level for both the 6-10 and 11-15 day periods.

    skill scores

    WSI MarketFirst predicts the changes in forecast temperatures from one model run to the next. When WSI successfully predicts that an impending model run will be warmer (or colder) than the previous run for a particular region, the forecast is considered “directionally correct”. On average the Moderate confidence forecasts are correct 70% of the time while the High confidence forecasts are correct on average 80% of the time.

    The table below describes the average percentages of High and Moderate confidence WSI MarketFirst forecasts that are directionally correct, based on three years of historical model data. This skill data is broken down by region and by forecast period to illustrate the spatial and temporal consistency of the WSI MarketFirst technique.

    NORTH AMERICA
     
    6-10 Day Average Skill (%)
    11-15 Day Average Skill (%)
    North America
    High & Moderate Confidence Combined
    High Confidence
    High & Moderate Confidence Combined
    High Confidence
    Entire US
    74
    79
    76
    81
    Northeast
    73
    78
    76
    81
    Mid-Atlantic
    75
    78
    75
    82
    Great Lakes
    75
    80
    76
    81
    Ohio Valley
    74
    79
    77
    81
    N. Plains
    75
    81
    76
    80
    S. Plains
    75
    80
    76
    79
    N. Rockies
    75
    82
    72
    84
    S. Rockies
    73
    78
    77
    82
    Southwest
    73
    78
    75
    83
    Pacific
    74
    77
    76
    78


    EUROPE

     
    6-10 Day Average Skill (%)
    11-15 Day Average Skill (%)
    Europe
    High & Moderate Confidence Combined
    High Confidence
    High & Moderate Confidence Combined
    High Confidence
    Entire Europe
    74
    77
    75
    79
    UK
    72
    75
    74
    77
    N. Scand
    74
    77
    74
    80
    S. Scand
    74
    79
    75
    80
    Iberia
    72
    75
    73
    78
    Italy
    74
    76
    74
    78
    W. Mainland
    74
    78
    76
    80
    E. Mainland
    76
    77
    77
    81
    Baltic
    76
    79
    76
    81
    Adriatic
    74
    77
    76
    80
    Ukraine
    73
    76
    75
    78

     






    WSI Tropical MarketFirst™
    Gain exclusive access to potentially volatile tropical forecasts hours before they are released to the general market. WSI Tropical MarketFirst generates a unique prediction of the 12Z Global Forecast System’s (GFS) track forecast for existing named tropical systems in the Gulf of Mexico and Atlantic Basin up to one hour prior to the release of the actual 12Z GFS to the market.

    KEY FEATURES

  • WSI forecasts the track of each named tropical system out to 16 days, or until the forecasted landfall occurs
  • Cone of uncertainty displayed for WSI's forecast track of the 12Z GFS
  • Compare WSI's 12Z forecast against the observed 00Z and 06Z tracks
  • Accessible via a secure password protected website

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    contact us

    For more information, please contact WSI's account managers:

    NORTH AMERICA

    WESTERN REGION

    Rob Berglund
    (978) 983-6510

    rberglund@wsi.com
    West of Mississippi River
    & Western Canada

    CENTRAL REGION

    Paul Novotny
    (773) 253-4667

    pnovotny@wsi.com
    Midwest, Southeast
    & Eastern Canada
    EASTERN REGION

    Tatum Vittengl
    (978) 983-6797

    tvittengl@wsi.com
    Northeast, Mid Atlantic
    & Bermuda

    EUROPE

    Mark Stephens-Row
    +44 (0) 7802 592100

    marks@wsieurope.com


     
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