Minneapolis, MN (PRWEB) March 04, 2014
OATI is proud to announce it has promoted the OATI webTrader SPP Integrated Marketplace Solution into production and the OATI webTrader SPP Integrated Marketplace Shadow Settlement module are now available for use in the new market. The highly anticipated SPP Integrated Marketplace has officially arrived and is available for market activities for the OATI Market Participant Customers.
OATI Support has provided the Customers with support during this transition into production operations including training. OATI worked closely with SPP and measured the necessary steps that are needed if a Reversion Contingency Plan must be implemented. OATI is closely monitoring SPP Integrated Marketplace activities and expects a smooth transition, as no major issues were encountered throughout the strenuous testing process.
“The SPP Integrated Marketplace Go-Live is years in the making and without tremendous dedication and collaboration it would not be possible,” said Sasan Mokhtari, Ph.D., President and CEO of OATI. “OATI is excited to have two unique and intuitive solutions to give Market Participants the tools they need to thrive in the new marketplace.”
OATI provides innovative software solutions that simplify, streamline, and empower the operational tasks required in today’s energy commerce and Smart Grid. With more than 1,400 customers in North America, OATI successfully deploys large, complicated, and diverse mission-critical applications committed to industry standards and stringent NERC CIP guidelines.
OATI (http://www.oati.com) is a leading provider of Smart Grid, Energy Trading and Risk Management, Transmission Scheduling, Congestion Management, and Market Management products and services. OATI is headquartered in Minneapolis, Minnesota, with an office in Redwood City, California. For more information, please contact firstname.lastname@example.org.