The Structure Group’s nMarket® product platform allows market participants to trade, settle and analyze market activity in each of North America’s complex and competitive power markets while reducing critical overhead for a company’s IT function. The product platform bridges the gap between traditional trading systems and the unique needs of individual markets. Five modules are designed to manage different components of the bid-to-bill process. Following is a brief description of the capabilities provided by each module:
- ConfigurationManager: System user management, market participant management, pricing node management; asset ownership management, data security management, task scheduling
- TransactionManager: Asset bidding, bilateral scheduling,managing market offers/bids, schedules and bilateral contracts, virtual bidding, schedule management
- OperationManager: Coordinating and monitoring asset dispatch activity; unit operational parameter management at a default, daily and hourly level; outage management
- SettlementManager: Shadow settlements, checkout, dispute management, invoicing
- InformationManager: Meter data, clearing prices, market data, market volumes, reporting