Newcomer of the Year: StatWeather
Bayesian probabilities have been put to use in a diverse range of applications. Traders have used them to attempt to predict the rise and fall of the stock market; California-based internet giant Google uses them to predict which links website visitors will click on; and New York-based journalist and statistician Nate Silver used them to successfully predict the outcome of the 2008 and 2012 US presidential elections.
One area where they are not usually used is to forecast the weather. Instead
More on Awards
Environmental products house of the year: ENGIE
Energy giant signs raft of forward-thinking environmental deals in Apac
Newcomer of the year: Marex
Commodities and financial services firm expands rapidly across Apac region, entering multiple new markets
Voluntary carbon markets house of the year: Marex
Marex’s support of mangrove projects provides high-quality credits for clients and socio-economic benefits for local communities
OTC trading platform of the year: Marex
Marex’s Agile platform registers impressive volume and client growth in Asia
Technology advisory firm of the year: KWA Analytics
With a focus on strategy and scalability, KWA Analytics improves clients’ operations in Japanese power, biofuels and certificates
Commodities technology house of the year: Topaz Technology
Strong revenue growth, Asia focus and a unique approach to unifying physical and financial risk
Electricity house of the year: Provincial Electricity Authority (PEA)
Power company uses renewables to help Thailand attract energy-intensive manufacturers amid recent geopolitical shifts
Energy Risk Asia Awards 2025: the winners
Winning firms showcase the value of prudent risk management amid challenging market conditions