Development
Philosophy
Our customers operate in complex
business environment that processes a high volume
of transactions per
day. Capturing, valuing and reporting every aspect
of those transactions, including their impact on
the organization’s relationships and contractual
obligations with its counter parties, is critical
to our customer’s success. It is with these
needs in mind that we develop our solutions, and
within these environments that SoftSmiths solutions
excel. SoftSmiths’ focus on the backbone of
our customers’ business
enables us to develop solutions that help our customers
sell, purchase, trade and delivery energy in the
most efficient and cost effective way.
Because each organization and their needs are unique,
SoftSmiths employs a scalable, multi-tier, multi-user,
flexible architecture to create effective transaction
management systems that support straight-through
processing from trade capture, deal valuation, risk
measurement, reporting, scheduling and metering
through to settlement capabilities.
SoftSmiths’ active involvement with
market players and participation in industry
committees and workgroups ensures our customers of
up-to-date solutions that help them to stay on top
of their business. We actively monitor the
developments of ISO Market initiatives, the forming
of ISO’s the protocols associated with them
and the impact of these changes on our customers
to ensure SoftSmiths will develop systems to support
ISO requirements as the market evolves.
By combining business and technology goals in research
and development, SoftSmiths minimizes the disconnect
many companies experience between research and implementation.
SoftSmiths’ focus on relevant
technologies enables us to create on low-cost,
high-value system
architectures. As new technologies become available
and reach maturity, we will continue to investigate,
evaluate and implement only those technologies that
are reliable, cost-effective, easily integrated,
and low maintenance.
Key technologies that will continue
to be used in SoftSmiths’ products include:
- Languages: Java, J2EE, C++
- Middleware: XML, TIBCO,
.NET, SOAP
- Database: Oracle,
SQL Server, MySQL
- Operating systems:
Windows 2003, Linux, Solaris
- High availability environments: Multi-tiered
architecture, clustering.
We do not adopt new technologies simply because
they are new. We identify the most accurate and refined
tools available that will help our customers realize
more efficiencies. SoftSmiths focuses on utilizing
components and processes that allow our solutions
to remain cost-effective for all sizes of energy
companies. This means we often turn away from new,
exotic tools that would require our customers to
make substantial initial investments to take advantage
of our technology.
When we do have to deploy new technologies, we encapsulate
most of the change on the server side, so that once
the servers have been updated, client workstations
automatically update to use the new technologies.
In the instance that a new technology must be explicitly
deployed on the client workstations, we coordinate
this effort with local IT staff to ensure a seamless
rollout.
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