Aboitiz Power Distribution Group is expanding QuantRisk implementation to its other and regional utilities.

Miami, Florida, October 1, 2014

Following a resoundingly successful implementation of QuantRisk at VECO (Visayan Electric Company, Philippines’ second largest utility) Aboitiz Power Distribution Group has decided to expand QuantRisk implementation to its other and regional utilities.

Mr. Jaime Aboitiz, Executive VP & COO of Aboitiz Power Distribution Group said,

We are very pleased with the functionality and features that QR system provides our utilities in energy trading and management. The system has given us much more control and confidence in managing our energy portfolio and has resulted in lower rates to our customers.

QuantRisk Trading, Analytics, Optimization and Risk system is a state-of-the-art integrated platform designed for any market and industry: energy, commodity, treasury, banks, asset management firms and hedge funds. In addition, it offers enterprise data connectivity along with advanced analytics and optimization functionality all leading to real-time optimal decision making. QR System offers real-time visibility, holistic enterprise-wide business intelligence and full integration of trading, risk, operations, logistic, assets and optimal decision making.


Our Clients Say

After thorough investigations, we commissioned a “Proof of Concept” implementation of QR System for a period of 2 months. The goal was to implement core functionality out-of-the-box. The POC was a resounding success in all its goals. The system was configured to handle wholesale trading, billing, invoicing and reporting, as well as our bilateral OTC power procurements and sample retail contracts. QuantRisk Platform delivered outstanding performance in all areas of functionality. The advanced analytics offered very impressive precision in forecasting load, and the dispatch optimization module was able to recommend very valuable trading strategies that we found to be possible to implement over time.
COO of a Utility Group

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