Patent ID: 11869088
Assignee: INTERCONTINENTAL EXCHANGE HOLDINGS, INC.
Field: Measurement (Instruments)
Classification: CPC G | IPC G

Claim 17:
18. A non-transitory computer readable medium storing computer readable instructions that, when executed by one or more processing devices, cause the one or more processing devices to perform the functions comprising:
receiving, via at least one user device, a weather index request comprising at least one instrument and a specific geographic location;
selecting a predetermined algorithm among a set of predetermined algorithms corresponding to the at least one instrument in the weather index request, the selected predetermined algorithm comprising a degree day (DD) methodology specific to the at least one instrument;
extracting weather risk indication data among one or more weather data streams associated with the specific geographic location based on the selected predetermined algorithm corresponding to the at least one instrument, the one or more weather data streams generated by one or more weather data source systems;
converting the extracted weather risk indication data into a set of weather index values corresponding to the specific geographic location, based on the selected predetermined algorithm corresponding to the at least one instrument, the selected predetermined algorithm configured to maximize a correlation between the set of weather index values and a consumption value represented by the at least one instrument;
generating a weather index presentation package comprising the set of weather index values for distribution to the at least one user device; and
updating the weather index presentation package concurrent with changes to the weather risk indication data.