SoftSmiths Markets Successfully Performs Connectivity
Testing for CAISO MRTU and ERCOT Nodal
Houston, TX. – February 20, 2007 –
SoftSmiths, Inc., a leading energy software solutions
and services company, today announced that its ISO/RTO
market participant solution SoftSmiths Markets,
successfully passed connectivity testing for both the
California ISO’s Market Redesign and Technology Upgrade
(MRTU), as well as the ERCOT Nodal Market, respectively planned
to go-live in January 2008, and December 2009.
The SoftSmiths Markets product suite
helps ISO/RTO Market Participants to automate the
submission of energy schedules, bids and offers to the
ISO/RTO, performs a shadow settlement of ISO charges,
and consolidates ISO market information in a single
database.
For CAISO MRTU, SoftSmiths completed
testing of the Rules Validation Connectivity simulation
in November and December 2006, and following this
month’s successful Enhanced Rules & Connectivity – Inter
SC Trades test, is now ready for the Business Structure
Simulation scheduled for May this year.
With the ERCOT Nodal project recently
kicked-off system interface testing as part of its Early
Delivery System phase 1, SoftSmiths participated in the
sandbox testing, and successfully completed the test
cycle, communicating with the ERCOT servers.
SoftSmiths Markets is based on a
next-generation, service oriented architecture, which
allows to quickly respond to on-going market changes,
while significantly reducing cost and complexity.
Leveraging this highly flexible platform, the MRTU and
ERCOT Nodal mandated changes are being incorporated into
the product as the market operators finalize their
specifications.
SoftSmiths is an actively works with the
technical teams that are designing the interfaces by
participating in the System Interface user’s group of
both the California ISO MRTU and ERCOT Nodal projects.
About SoftSmiths
SoftSmiths, Inc. delivers critical electronic
energy trading and operations solutions and services
that enable energy industry participants to enhance
profitability and reliability in the competitive
marketplace. SoftSmiths' proven solutions and in-depth
knowledge of the industry's business practices allow its
customers to automate manual processes, eliminate
redundancies, and increase business visibility across
the enterprise to allow faster decision making and more
informed decisions, thereby improving profitability,
operational efficiencies and cash flow. The company has
been successfully delivering e-business solutions to
energy service companies since 1997.
SoftSmiths is a registered trademark of SoftSmiths,
Inc.
Contact Information:
SoftSmiths Inc.
Hugo Stappers
Phone: 713.626.9184
Fax: 713.626.0186
Email: mkt@softsmiths.com
Website: www.softsmiths.com
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