SoftSmiths Announces an Integrated Natural Gas Solution for the Retail and Wholesale Marketplace.
TX. – April 21, 2016 – SoftSmiths, Inc., a leader in
Software-as-a-Service (SaaS) enterprise solutions for energy
transaction management, today announced a Natural Gas Market
Participant solution consisting of SoftSmiths Trading & Logistics
(TMS) and SoftSmiths Gas. By combining its SoftSmiths TMS platform with
its existing SoftSmiths Gas application framework, SoftSmiths provides
a Natural Gas solution that offers complete functionality integrating
standard energy transaction management with the distinct requirements
for Natural Gas trading and scheduling.
Trading & Logistics is a seamlessly integrated front-to-back
natural gas transaction management solution for retail and wholesale
natural gas traders and provides functionality such as Load
Forecasting, Portfolio Management, Trading, Multi-Commodity Deal
Capture, Net Position and "What-If" Impact Analysis, Volume and
Mark-to-Market reporting, P&L reporting, Scheduling, Financial
Settlement, Invoicing, Payment Tracking and Reporting.
SoftSmiths Gas and SoftSmiths Trading & Logistics allows traders to
work in a deal capture system, with support for long-term and
short-term deals, multiple trades with any counterparty, and the
effects of basis swap trading. The integration determines how the
trades affect scheduling and the usage of various transport agreements
and ensuring that all trades are properly and most efficiently
Gartner recognized SoftSmiths' strong solution
offering for asset-centric companies with a focus on physical
transactions, its industry leading logistics functionality with
Scheduling, Transmission Reservation and NERC Compliant Tagging,
combined with deep knowledge of North American Markets.
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.
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