Caminus Adds Power Scheduling Module To Zai*Net Software Suite.NEW YORK--(BUSINESS WIRE)--September 22, 1999-- Caminus LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a leader in providing strategic software and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to the global energy industry, has enhanced its Zai*Net suite of software products with the addition of a new scheduling module that is designed to enhance the effectiveness and efficiency of power scheduling and trading. "Existing scheduling solutions such as spreadsheets, or separate trading and scheduling systems, are inefficient answers to today's fast-paced, high-volume power trading industry," explained Shreedevi Thacker, vice president of product marketing at Caminus. Eleanor Morrison, Portfolio Manager at Powerex, a subsidiary of BC Hydro BC Hydro and Power Authority is one of the largest electric utilities in Canada, serving more than 1.7 million customers[2] in an area containing over 94 per cent of British Columbia's population is mandated to provide, "reliable power, at low cost, for generations. and a leading marketer of energy products and services in Western Canada
Western Canada, commonly referred to as the West and the Western U.S., agrees. "Since 1988, Powerex has made a name for itself as a dynamic, customer-oriented organization committed to getting the deal done," she explained. "Using the Zai*Net Scheduling module allows us to handle our increasing trading and scheduling activity effectively." Zai*Net Scheduling interfaces with Zai*Net's Manager Software, allowing users to: -- match/link power trade buys, sells and transmissions into a single schedule; -- split trades into multiple schedule parts; -- change locations and firmness, keeping a full audit trail; -- create custom scheduling reports; -- generate automatic tracking of physical losses; and, -- enter schedule and price changes at intervals coming or happening with intervals between; now and then. See also: Interval down to the minute. Prior to using Zai*Net Scheduling, companies like Powerex were forced to trade in one system, schedule in another, and handle back-office follow up in still another. "Our trade data was entered three times in three different locations," Morrison explained. With the new Zai*Net module, all our trades are pulled together. It is flexible and efficient," she noted, adding, "Powerex has a high volume of activity during the peak summer trading period and is meeting the tight scheduling deadlines." Caminus LLC is headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , with offices in Houston and Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. ; London and Cambridge, UK; and Berlin, Germany. In addition to Powerex, clients include American Electric Power American Electric Power (NYSE: AEP) is a major investor-owner electric utility in various parts of the United States. It is headquartered in Columbus, Ohio. It serves parts of 11 states, and is currently the largest electricity generating utility in the United States. ; Conoco, Inc.; Public Service Electric & Gas Co.; Phillips Petroleum Co.; Pennsylvania Power & Light; PG&E Energy Trading; and Eastern Electricity plc. For recent news releases and other information on Caminus, visit the company Web site at www.caminus.com. |
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