AccuWeather Global Weather Center, February 13, 2020 — Global weather and digital media leader AccuWeather today announced an exciting new, expanded collaboration with Bahamas-based Deltec Bank & Trust for 2020. The two companies have worked together during significant storms impacting the Bahamas.
Headquartered in The Bahamas, Deltec Bank & Trust is an independent financial institution, and following Hurricanes Dorian in 2019 and Irma in 2017, Deltec Bank sought the unique services of AccuWeather’s business-to-business services unit, AccuWeather Enterprise Solutions, to improve preparation around these types of storms and its response.
AccuWeather’s business weather experts help companies, including more than half of the Fortune 500 companies and thousands of other businesses globally, translate weather warnings and forecasts into hyper local and site specific actionable insights that save lives of employees and customers, minimize risk, maximize efficiencies and business continuity outcomes and increase profits.
Deltec is the latest of many companies in the financial services and banking industry sector subscribing to AccuWeather’s customized services for businesses, tailored to the unique needs of each client.
Said AccuWeather Vice President of Business Services and General Manager of AccuWeather Enterprise Solutions Jonathan Porter, “We are pleased with the confidence Deltec has placed with AccuWeather, and we are committed to continuing to provide Deltec Bank & Trust with life-saving weather intelligence leading up to and following significant weather events in addition to superior customer support 24/7.”
In addition to monitoring for hazardous weather events, AccuWeather expert meteorologists will provide Deltec around-the-clock personalized consulting services whenever weather is a factor and key decisions need to be made.
“We look forward to working with Deltec Bank & Trust in the years to come and delivering that level of confidence AccuWeather clients have come to depend on. We hope to provide these life-saving services to additional companies in the region,” Porter added.
“AccuWeather has proven to be a most reliable and trusted partner in times of adversity here in the Bahamas,” said Emmanuel O. Komolafe, Chief Risk Officer for Deltec Bank & Trust. “It is noteworthy to state that the top five risks identified in the latest edition of the World Economic Forum’s Global Risks Report 2020 are related to climate change and the environment.
“Therefore, it is imperative that we enhance our resilience as a prudent financial institution. While we cannot control the weather phenomena that impact this region, we can cope with them better by having the right adviser to help us with the best weather forecasts, updates and insights about what is to come and how it will impact us, presented in the clearest possible way to help us make the very best decisions to keep our people safe and our property secure. AccuWeather is that adviser.”
AccuWeather’s many scientific breakthroughs have led to such life-saving innovations as its exclusive AccuWeather RealImpact® Scale for Hurricanes, a six-point scale, including a rating of less than one, to better communicate the impacts of hurricanes and tropical storms. Unlike the widely used Saffir-Simpson scale which only uses wind speed, the RealImpact Scale incorporates a variety of factors to communicate the threat of a hurricane, such as flooding rain, storm surge and total damage and economic loss in addition to wind speed in order to describe the full impacts of a hurricane
Introduced in January 2019, AccuWeather’s new scale was utilized this past hurricane season, significantly, warning Bahamians that Hurricane Dorian would be a RealImpact of 5, so residents and businesses in the Bahamas would understand the magnitude and imminent danger of the storm and act accordingly to secure property and remain safe.
Businesses and people rely on AccuWeather, the world’s most trusted weather brand because of the recognized and proven superiority of its forecast accuracy.
The dominance of AccuWeather’s forecast accuracy was proven once again in a recent and comprehensive independent industry tracker ForecastWatch’s 4-year study ending in December 2018 that showed AccuWeather was the most accurate of the top providers in all categories examined of high- and low-temperature, wind speed and precipitation. The Superior Accuracy of AccuWeather forecasts was also reconfirmed by ForecastWatch’s 18-month study ending in June 2019, which concluded that AccuWeather forecasts were superior to other top weather providers in all categories tested – high- and low-temperature and wind speed.
AccuWeather Enterprise Solutions delivers accurate forecasts and customized weather insights and real-time data to help business and organizations make the best weather-related decisions.
As the gold standard in weather forecasting, AccuWeather is the leading supplier of customized, pinpoint weather warnings to large enterprises globally. AccuWeather is a vital source for worldwide weather forecasts, data and meteorological services and tailors customized programs based on each client’s unique needs. These unique solutions are scalable and enhance safety, minimize risk, reduce costs and improve financial performance in all weather conditions.
About Deltec Bank & Trust Limited
Deltec Bank & Trust is a financial services institution serving the unique needs of global private, corporate and institutional clientele. Deltec stands at the intersection of innovation and tradition, offering global clients the unique combination of institutional expertise and broad resources typically offered by large financial firms, and the bespoke solutions and highly attentive service that only a boutique can provide. It is the flagship company of Deltec International Group, a diversified independent financial services group, providing through its member companies a range of private banking and fiduciary expertise, fund administration, investment management, digital asset financial services, insurance solutions, and corporate and merchant banking capabilities.
About AccuWeather, Inc. and AccuWeather.com — AccuWeather, recognized and documented as the most accurate source of weather forecasts and warnings in the world, has saved tens of thousands of lives, prevented hundreds of thousands of injuries and tens of billions of dollars in property damage. With global headquarters in State College, PA and other offices around the world, AccuWeather serves more than 1.5 billion people daily to help them plan their lives and get more out of their day through digital media properties, such as AccuWeather.com and mobile, as well as radio, television, newspapers, and the 24/7 AccuWeather Network channel. Additionally, AccuWeather produces and distributes news, weather content, and video for more than 180,000 third-party websites. Among AccuWeather’s many innovative and award-winning features available free to the public are MinuteCast® Minute by Minute™ forecasts with Superior Accuracy™. Furthermore, AccuWeather serves more than half of Fortune 500 companies and thousands of businesses globally. Dr. Joel N. Myers, Founder and Chief Executive Officer, established AccuWeather in 1962 and is considered the “father of modern commercial meteorology.” Dr. Myers, a leading creative thinker and visionary, has been named “the most accurate man in weather” by The New York Times and one of the top entrepreneurs in American history by Entrepreneur’s Encyclopedia of Entrepreneurs.
AccuWeather, RealFeel, RealFeel Shade, WinterCast, and MinuteCast are all registered trademarks of AccuWeather, Inc. AccuWeather RealFeel Temperature, AccuWeatherIQ, AccuWeather RealImpact, AccuWeather RI, AccuWeather MinuteCast, AccuWeather Network, Minute by Minute and Superior Accuracy are all trademarks of AccuWeather, Inc. All other trademarks, product names and logos are the property of their respective owners.
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Pictured is Emmanuel O. Komolafe, Chief Risk Officer for Deltec Bank & Trust.
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