SoftSmiths and Ascend
Analytics Forge New Alliance
Houston, TX. August 30, 2013 –
SoftSmiths, Inc., a leading energy software solutions
and services company, and Ascend Analytics, LLC, a
leading developer of innovative software solutions for
energy analytics, unveiled today the joint integration
of Ascend Analytics’ best-of-breed risk analytics
solutions and SoftSmiths’ TMS suite of ETRM and ISO/RTO
SoftSmiths’ seamlessly integrated
TMS platform helps both asset-centric companies that
focus on physical transactions as well as load-serving
entities without resources to automate their processes
with regards to forecasting, resource management and
planning, position management and trading, scheduling,
ISO/RTO communications, and accounting.
Analytics has delivered the leading energy analytics
platform for risk analysis, portfolio management,
resource planning, and asset valuation for ten years.
Ascend’s models provide insightful and accurate
information to streamline decision analysis and
operations for the energy industry.
announcement represents Ascend Analytics and SoftSmiths’
commitment to provide our mutual customers a one-stop
source for the technology and expertise they need,” said
Hugo Stappers, Director of Sales and Marketing at
SoftSmiths, Inc. "Leveraging our industry-leading e-Link
web-services API, the integration of SoftSmiths TMS with
major technology partners is a cornerstone of
SoftSmiths’ strategy to deliver the integrated solutions
our customers require," Stappers added.
Dorris, the President of Ascend Analytics, highlighted
the benefits of this new partnership. “The integration
of the analytic insights of Ascend’s solutions with the
energy trading, scheduling and settlement capabilities
of SoftSmiths uniquely empowers ISO and NON-ISO market
participants with best-in-class tools to optimally
manage complex portfolios of generation assets, load
obligations, operational constraints, hedges and
Ascend Analytics is an innovative
software service company focused on energy analytics.
Energy portfolios and markets have increased in
complexity making decision analysis more difficult.
Ascend’s solutions provide the core analytic
infrastructure to streamline processes, enhance
understanding, and support decisions. Visit us at
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 energy trading,
operations, and settlement solutions designed for today's energy
marketing and load serving organizations and the way they conduct their
business. Delivered in the cloud leveraging a modern technology
platform, SoftSmiths offers a fresh alternative to legacy ETRM systems.
Visit us at
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