SoftSmiths Collaborates with Deloitte & Touche to
Deliver ETRM Solution
Houston, TX. – July 10, 2007 –
SoftSmiths, Inc., a leading energy software solutions
and services company, today announced a collaboration
with Deloitte & Touche LLP to implement SoftSmiths'
Energy Trading Risk Management systems (ETRMS) at
Anaheim Public Utilities. Deloitte was selected by
Anaheim to assist in the project management of the
implementation and integration of the SoftSmiths Power
and SoftSmiths Market-CAISO systems which Anaheim
recently selected to replace existing systems for power
and gas trading, electronic scheduling, settlement of
bilateral trades and interface with the California ISO.
As SoftSmiths is implementing the
software applications, Deloitte is working with Anaheim
personnel to provide technical advice, develop test
plans, document new processes and procedures, manage
cutover, monitor project progress, as well as services
related to the Market Redesign Technology Upgrade (MRTU)
on the part of the California Independent System
The seamlessly integrated SoftSmiths
Power and SoftSmiths Market-CAISO solution provides
CAISO market participants front-to-back energy
transaction management functionality, including Load
Forecasting, Resource & Portfolio Management, Real-time
and Term Trading, Scheduling, NERC Electronic Tagging,
Financial Settlement, Invoicing, Payment Tracking and
Reporting. SoftSmiths Power/SoftSmiths Market provides
multi-participant functionality to support Scheduling
Coordinators who act on behalf other CAISO participants.
Clients collaborate with Deloitte to
increase the value realized through their ETRMS
implementations. They benefit from Deloitte's deep and
proven industry insights and their practical and
innovative approaches to meeting their Customer
Deloitte refers to one or more of
Deloitte Touche Tohmatsu, a Swiss Verein, its member
firms and their respective subsidiaries and affiliates.
As a Swiss Verein (association), neither Deloitte Touche
Tohmatsu nor any of its member firms has any liability
for each other's acts or omissions. Each of the member
firms is a separate and independent legal entity
operating under the names "Deloitte," "Deloitte & Touche,"
"Deloitte Touche Tohmatsu" or other related names.
Services are provided by the member firms or their
subsidiaries or affiliates and not by the Deloitte
Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the
U.S. member firm of Deloitte Touche Tohmatsu. In the
U.S., services are provided by the subsidiaries of
Deloitte & Touche USA LLP (Deloitte & Touche LLP,
Deloitte Consulting LLP, Deloitte Financial Advisory
Services LLP, Deloitte Tax LLP and their subsidiaries),
and not by Deloitte & Touche USA LLP.
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. All other products are trademarks or registered
trademarks of their respective companies.
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