Minneapolis, MN (Vocus) February 25, 2009
Open Access Technology International, Inc. (OATI) announces that it’s webTrader customers are ready for California ISO’s MRTU market launch scheduled for March 31, 2009. Over the past two years, a number of California ISO Market Participants have used OATI’s webTrader to participate in on-going MRTU market trials. In addition to the webTrader Solution, OATI offers seminars that are focused on effective bidding, scheduling and shadow settlement within the redesigned market.
Preparation for a major market redesign such as the MRTU requires a multi-tiered business strategy that addresses the various market challenges. OATI provides Market Participants with an assortment of SAS-70 certified Front-to Back office solutions. OATI’s Software as a Service (SaaS) based deployment model ensures that its MRTU Market Solutions are implemented at a fraction of the time and cost of traditional delivered solutions offered by other vendors. In addition, each OATI customer has access to an array of hands-on training sessions and Bidding Strategy seminars tailored to their specific needs.
OATI (http://www.oati.com) is the pioneer of SaaS based, Energy Transaction and Risk Management (ETRM), Bidding and Shadow Settlement for all North American RTOs, Transmission Scheduling, Congestion Management and Compliance systems for the electric and gas industry. OATI webTrader, webTrans, and webTag product lines provide the tools for generation, trading, and transmission companies for seamless participation across energy markets and multiple commodities. OATI was formed in 1995 and has experienced steady growth to the present and is the leading SaaS Provider in the North American energy industry. OATI serves in excess of 650 client companies in the electricity and gas industries in North America. OATI is headquartered in Minneapolis, Minnesota.
For additional information regarding this news release please contact sales(at)oati.net.