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.