SoftSmiths’ application suite is used by a broad spectrum of energy market participants. The applications operate as a seamlessly integrated platform that enables our customers to operate at the highest level of operational efficiency, providing cost savings from tens to hundreds of thousands of dollars.
-
Load Serving Entities
-
Retail Energy Suppliers
-
Power Generators
-
Power Marketers
-
Municipalities
-
End Users
-
Gas Producers
-
Gas Marketers
-
Energy Aggregators
-
Hedge Funds
-
Large Industrials
-
Large Retailers
-
Electric and Gas Utilities
-
Energy Cooperatives
Our seamlessly integrated platform is designed from the ground up to address increased complexity introduced by sub-hourly markets and increased transaction volumes, and to enable our customers to operate at the highest level of operational efficiencies. SoftSmiths’ solutions enable our customers to profitably and reliably operate in the competitive market place. Developed to solve business challenges, SoftSmiths platform is combined with in-depth industry knowledge and industry standard technologies to deliver unparalleled reliability, performance, openness and scalability.
Our goal is to make technology conform to the business, not vice-versa. In doing so, SoftSmiths’ solutions are able to support changing business practices through an unmatched level of adaptability, flexibility and scalability. Capitalizing on advances in service oriented architecture with multi-tiered, distributed network-centric technologies, SoftSmiths is able to integrate the best and most cost-effective technology into low-cost business transaction solutions.
SoftSmiths offers solutions that facilitate energy forecasting, energy pricing, trading, risk management, scheduling, settlement/reconciliation and decision support functionality. Our solutions and services automate the manual processes of our customers, eliminate redundant data entry, reduce settlement cycles, increase business visibility across the enterprise and help reduce risk allowing users to make faster and more informed decisions that can improve profitability, operational efficiency and cash flow.
Load Forecast
- Reliable and Scalable
- Fully Automated Using Multiple Machine Learning Algorithms
- Forecast by Meter or by Aggregated Categories
- Automated What-if Scenarios via GUI or API
- Ready for Retail or Wholesale Operations
- Forecast Short & Long Term
- Intuitive and Easy-to-Use Interface
- Tightly Integrated with SoftSmiths Position Management, Trading, and Scheduling Applications
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Pricing Manager
- Configurable
- Flexible
- Scalable
- Custom and Standard Matrix Pricing
- Ready for Retail Energy Suppliers
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Trading
- Multi-commodity Trade Capture
- Physical & Financial Trades
- Highly Configurable
- Supports Short- and Long-Term Trades
- Near-Real-Time Position Management
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Gas Scheduling
- Single- and Multi-leg Scheduling
- Standardized Nominations
- Pipeline Actualization
- Imbalance Carryforward
- Storage Management
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
ISO Shadow Settlement
- Automatically Download Settlement Data
- Shadow Calculate All Charges
- Estimated Settlements & Forecasted Settlements
- Automatically Verify and Validate Invoices
- Automatically Allocate Charges to Sub-accounts
- CAISO, ERCOT, ISONE, MISO, NBSO, NYISO, PJM, SPP, IESO
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Integration through Web Services (SWS)
- Connect-the-Dots SWS
- Seamlessly Integrate with Other Systems
- Loose Integration via File Interface
- Tight Integration via Web Services
- Supports Req/Resp and Subscribe & Publish Model
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Risk Management
- Mark-to-Market
- Credit Limits
- Credit Exposure
- Near-Real-Time Reporting
- Forward Curve Management
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Renewable Energy Credit Management
- RECs by location, vintage year
- Forecast Requirements for each location
- Purchases, Sales, Retirements, and Expirations
- Shadow Settle Purchases
- No more messy spreadsheets
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Power Scheduling
- Automated Tag Creation from Trades
- Automated Trade Creation from Tags
- Automated ISO Instrument
- Multi-day Advance Schedule Submission
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Multi-Participant Generation Scheduling
- Reliable, Secure and Fast
- Schedule, Dispatch & Settle
- Dynamic Participant Ownership
- Manage Unit Declarations & Derates
- Calculate Unit Fuel Requirements
- Send & Receive Tag Adjustments
- Perform Energy Accounting
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Distributed Energy Resource Management
- Configure and Manage DER
- Optimize DER based on Market Conditions
- Monitor Market Conditions in Real Time
- Automated DER Dispatch
- DER P & L Reports
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
ISO ADS Dispatcher
- Automated Dispatch Listener
- Reliable, Fast and Secure
- Fully Automated ISO Dispatch Instruction Forwarding
- Interface to SCADA and PI
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
LMP Pricing
- Monitor Settlement Pricing at Points
- Monitor Settlement Pricing at Paths
- Analyze Current Prices for Points/Paths
- Analyze Historical Prices for Points/Paths
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
Log Notes / Shift Log
- Provide a running log of important events
- Improve communication between shifts
- Use attachments as supporting documentation
- Search notes by user, entry time, and contents
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
ETAG Service
- NAESB Compliant
- Fast Tag Create/Submission/Adjustment
- Sophisticated Template Management
- Straightforward Comprehensive API
- Intuitive and Easy-to-Use Interface
- Much more…
The application is delivered as Software-as-a-Service and can be deployed and operational within a matter of days without impacting your end-user work schedule.
C/ETRM Delivered in the Cloud
Straight-through-Processing