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Verco Power Trading Selects SoftSmiths

Houston, TX. – August 5, 2015 – SoftSmiths, Inc., a leading energy software-as-a-service company, today announced that Verco Power Trading, LLC has selected SoftSmiths cloud services to streamline its NAESB Electronic Tagging processing.

Verco Power Trading is a proprietary trading firm that offers support for efficient, competitive electric markets through sound investment and trading. 

The SoftSmiths Electronic Tagging suite enables market participants to create, verify, approve, and manage E-Tags via its e-Agent, and e-Approval services. With SoftSmiths industry leading e-Link Application Programming Interface (API), seamless integration with either homegrown or 3rd party supplied Energy Trading and Scheduling systems can be established.

SoftSmiths successfully participated in recent interoperability testing of its E-Tag application suite for the upcoming version 1.8.2 of the Electronic Tagging specifications as approved by NAESB’s Wholesale Electric Quadrant. E-Tag version 1.8.2 is expected to go into effect by March 31, 2015. SoftSmiths has been providing fully NERC/NAESB compliant tagging solutions since the days of e-mail tagging and has been a contributing author to the NAESB E-Tag specification from the beginning.

About SoftSmiths

SoftSmiths, Inc. is a leader in enterprise-class, Software-as-a-Service (SaaS) solutions for energy businesses, combining a lower cost of ownership with an innovative approach to business applications. SoftSmiths delivers multi commodity pricing, forecasting, trading, risk management, scheduling and shadow settlement solutions. Delivered in the cloud leveraging a modern scalable, flexible technology platform. Visit us at http://www.softsmiths.com.

SoftSmiths is a registered trademark of SoftSmiths, Inc. All other products are trademarks or registered trademarks of their respective companies.

Contact Information:

SoftSmiths Inc.
Phone:    713.626.9184
Fax:        713.626.0186
Email:      mkt@softsmiths.com
Website:  www.softsmiths.com

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