A Category 4+ hurricane makes US landfall before Nov 30, 2026
Structuring and execution
for event-linked risk transfer
Discrete provides liquidity. Bespoke contracts in size, with objective triggers, bilateral terms, and clear settlement.
From exposure to contract
Objective triggers
Defined event criteria and agreed data sources.
Bilateral terms
Size, tenor, payout logic, and settlement economics.
Institutional framework
Documentation and a defined settlement process.
Selected exposure areas
Illustrative contracts. Terms and availability vary.
A major cloud provider has a global outage lasting ≥4 hours before Dec 31, 2026
A major trade route is closed for 5 consecutive days before Oct 2026
A regional outage affects > 1M customers before Sep 2026
The exposure is real, and the listed hedge is often just a proxy. Discrete gives market participants a way to define the actual trigger, fix the terms upfront, and settle cleanly.
Risk Notes
Brief notes on event risk and market exposure.
Power & Cooling
Data centers and peak-demand constraints
Heat, cooling limits, and grid stress can make compute availability dependent on physical capacity. For exposed businesses, peak-demand periods can create risk around curtailment, cooling failure, and lost capacity.
Strategic Chokepoints
The Strait of Hormuz exposure behind the Brent move
Flows through the Strait of Hormuz are equivalent to roughly one-fifth of global petroleum liquids consumption. Hormuz risk is not just a Brent trade. Passage uncertainty can move freight, insurance, LNG scheduling, and regional power pricing before physical supply is fully disrupted.
Digital Asset Market Access
When regulation changes where liquidity can trade
EU crypto rules have reshaped which platforms and stablecoins can serve European users. The risk extends beyond price movement to liquidity migration, venue access, basis dislocation, and reduced capacity to hedge across markets.
Evaluating a specific exposure?
Contact Discrete for institutional inquiries.