This is the 10068th most frequent Japanese word.
速水
"速水" (Hayami) is a Japanese surname meaning "rapid water" or "swift stream."
In this sentence, '速水' is used as a proper noun, indicating a surname.
速水さんは新しいプロジェクトに参加しています。
Mr. Hayami is participating in the new project.
Here, '速水' is directly interpreted as 'fast water', describing the flow characteristics metaphorically.
あそこに速水のような速い流れがあります。
There is a fast flow there like Hayami.
'速水' is used as a place name in this sentence, which is common when discussing locations.