Energy Software Suite

MCG Energy’s products form a dynamic and natively integrated Energy Software Suite, built to be your energy software solution. With the tools to thrive in wholesale and retail energy markets, our applications can be used individually or together. Native integration enables MCG Energy applications to communicate with each other out of the box, greatly reducing the cost and risk of integration for a comprehensive solution. Our customers can add new MCG Energy applications to enhance their existing MCG Energy solutions with little to no cost to implement.

MCG Energy specializes in hosted solutions in our NIST 800-53 Mod level compliant private cloud, which is included in annual third-party SOC and NIST auditing. MCG Energy maintains its systems and hardware, enabling hosted customers to fully focus on their business.

MCG Energy solutions are also integrated with all North American ISOs and RTOs. Software Assurance is part of our standard support and maintenance. This means that changes required to MCG Energy applications due to specification changes in e-Tagging, OASIS, or market changes are all included at no extra charge.

Learn more about our energy software solutions:

Energy Software Suite Details (PDF)

The MCG Energy Software Suite

  • Integrated Asset Manager (IAM) – An easy-to-use energy scheduling software system for bid capture, physical scheduling, and tagging, ISO market submissions for physicals, financials and asset management, market clearing, real-time scheduling, performance reporting, and settlements.
  • MCG Energy’s Paragon Energy Risk Manager (ERM) – A fully integrated trading, credit, and market risk management solution for complex, multi-commodity energy companies working with natural gas, power, crude and related products, NGLs, coal, emissions, and RECs, etc., including gas scheduling.
  • MCG Energy’s Paragon Credit Risk Manager (CRM) – Combines state-of-the-art technology with a rich feature set for managing credit risk, including counterparty, contract, collateral, exposure management, advanced credit analytics, and credit scoring.
  • MCG Energy’s Paragon Gas Scheduling System (GSS) – Combines operational and commercial energy data in a user-friendly format that simplifies operations ranging from processing nominations to generating expected cash flows. Invoices and closing statements are generated using pipeline transport rates and actualized data.
  • Energy Accounting System (EAS) – EAS is a powerful energy accounting tool for managing time-series data, with graphic views of your company’s complete energy system from Generation, to Load, to Ties and more, as well as configurable reports, displays, pivots, and dashboards. EAS tracks and validates a meter’s multiple data sources to derive the best available value. Its flexible calculation engine allows conditional statements, multipliers, sign inversion, parenthetical operations, and more.
  • TransBill – Flexible platform for TransCo and GenCo businesses that performs OATT, grandfathered transmission, ISO transmission revenue shadowing, as well as ad hoc billing projects tailored to your unique requirements.
  • MCG Energy’s Versify Outage Management System (OMS) – Integrated workflow solution for managing the entire outage process, which simplifies the complexities of planning, approving, scheduling, submitting, and reporting generator outages. Integration with ISO/RTOs and RCs automates the outage management process across portfolios, with complete 2-way synchronization of tickets for generation and transmission assets. NERC GADS and TADS compliance reporting functionality is also included.
  • MCG Energy’s Versify Operator Log (OpLog) – Simplifies outage management communication by logging events, activities, and compliance requirements in one flexible and easy to use solution. Allows all of an organization’s facilities, assets, and equipment to share information in a single platform that automates existing manual processes and eliminates errors.
  • Hosted Data Services (HDS) – Warehouses and archives data from all MCG Energy products in a single platform with full search, filter, report, and display building capability. Includes a programmatic API for performing queries directly against the HDS database, which eliminates production impacts from long-running queries.
  • Control Area Scheduling (CAS) – Fully featured interchange and transmission scheduling system integrating MCG Energy Tagging and OASIS interfaces, which can automatically create, categorize, and track interchange and transmission schedules for reliability entities.
  • MCG Energy’s Innotap Data Suite (IDS) – Organizes and displays ISO market and energy industry data from a wide array of sources for analytics and decision support from a desktop user interface an optional, easy to implement high-speed API.  IDS provides updates, event monitoring, and alerts for opportunities and risks to your business, with the ability to visualize and report on the decision-making process.

Key Features and Benefits of the MCG Energy Software Suite

  • All products are natively integrated and can be used individually or together
  • Can often be implemented at zero cost
  • Products are also integrated with all North American ISOs/RTOs
  • Hosting in SOC and NIST 800-53 Mod level compliant private cloud
  • Best-in-industry software for energy accounting, trading, scheduling, transmission, and more for the front, middle, and back office
  • Rapidly expanding offerings to meet changing industry and markets
  • Single vendor implementation, hosting, support, and maintenance, allowing you to focus on your business
  • Standard Support and Maintenance includes Software Assurance, ensuring products are up to date with the industry and markets

To learn more about our energy software solutions, please contact us today.