QuantRisk Launches Real-time Optimization and Trading Platform

Miami, Florida, February 10, 2016
Once again QuantRisk takes innovations to new heights. In 2015, the first and only real-time Price Forecasting and Optimization Cloud Service was very successful launched for generators, private and municipal utilities, electric cooperatives, energy retailers, and marketing companies. This supercomputing cloud solution automatically performs load and price forecasting, followed by optimization of the nomination or scheduling of bilateral power purchase contracts to various suppliers and ISOs, in real-time and day-ahead settings. The execution is under a minute per asset and nodal spot market and runs automatically every period around the clock, 24/7 for any market worldwide.

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Successful Launch of QR Price Forecasting and Optimization Cloud Services for Utilities and Electric Cooperatives

QuantRisk announced today the very successful launch of its Price Forecasting and Optimization Cloud Services for municipal utilities, electric cooperatives and retailers in Asia. QuantRisk Corp. is a leading provider of Advanced High-Performance Analytics, Optimization and Risk Management Cloud Computing solutions for energy and financial markets.

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Our Clients Say

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.
Executive VP & COO of Utility Group Conglomerate

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