RTO Energy Trading Selects
Houston, TX. – December 1, 2014 –
SoftSmiths, Inc., a leading energy software-as-a-service
company, today announced that RTO Energy Trading, LLC
has selected SoftSmiths cloud services to streamline its
NAESB Electronic Tagging processing.
Trading is a proprietary trading firm that offers
support for efficient, competitive electric markets
through sound investment and trading.
SoftSmiths Cloud offers a compelling suite of
Software-as-a-Service solutions that are delivered over
the internet – as a service. Without the need for
installing and maintaining software, customers use the
internet with user-friendly access to sophisticated
services including Load Forecasting and Planning,
Trading, Scheduling, Transmission Reservation,
Electronic Tagging, ISO submissions and Settlement.
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
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 applications process more than
billion kilowatt hours per year for its clients in North
America. 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.
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