cQuant.io, a modern analytics company, and Hartigen, an energy software company, have announced a technical partnership. With the partnership, cQuant.io and Hartigen will be able to provide their customers with a comprehensive portfolio management solution that utilizes historical and realized market data from PowerOptix® along with simulated forward data with cQuant’s advanced analytic platform.
The integration with cQuant.io will enable Hartigen customers to execute complex future analyses on their diverse asset portfolios, such as mark-to-market, net position, position-at-risk, and val ue-at-risk. Additionally, cQuant.io provides advanced renewable project/PPA evaluation to report fair market value, cash-flow timing, value of storage, and project/contract risk. With PowerOptix®, cQuant.io customers will have a complete PnL view of their portfolios and the ability to seamlessly bid/offer, trade, schedule, and settle across bilateral & RTO markets.
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“Choosing to partner with Hartigen made perfect sense for our mutual customers,” said David Leevan, CEO of cQuant. “Energy market participants are seeking best-of-breed solutions that work together seamlessly to provide real-time operations, settlements as well as market forecasts, asset optimization, net-position and risk reports. This partnership is delivering a world-class solution to energy companies.”
“Many of our customers operate complex portfolios that continue to evolve and expand into new areas of technology that require nuanced analytics,” said David Potts, President of Hartigen. “cQuant’s advanced analytics platform is flexible and provides our customers with the capabilities needed to evaluate and value new technologies as well as provide visibility into the associated risks and opportunities.”
The seamless integration between cQuant and PowerOptix® has raised the bar for companies looking to improve their ability to manage and optimize their North American energy portfolios.
