DALLAS, Texas, Oct. 10, 2011 (SEND2PRESS NEWSWIRE) — Cogent Technology Group announced today that their Data Access and Reporting Service (DARS) has been chosen by the Oklahoma Municipal Power Authority (OMPA) to manage their market settlement data as they enter the ERCOT power generation market.
Cogent’s DARS service is a hosted software service which facilitates the electronic receipt of business data from a company’s trading partners. DARS parses incoming data into databases while providing client-access to the data directly via VPN or by the distribution of select reports. The service handles data in many formats including XML, EDI, Excel, CSV and TSV. “After spending five years proving our Data Flow Manager (DFM) platform, we are confident that we now offer the best value-for-money B2B data access and reporting service available. We have recently expanded this service beyond the energy industry and across the entire country,” said Steve Redekopp, Director of Operations at Cogent.
The Oklahoma Municipal Power Authority is a state government agency that wanted a third-party service to periodically retrieve and report on their data from the growing ERCOT real-time electricity market and the other markets in which it participates. With the DARS service, OMPA expects to significantly reduce the amount of time that they spend on the complexities of the ERCOT Market Information System, and to increase their confidence in the settlement process by assuring the integrity of the market data.
Within the energy space, DARS currently serves clients using data provisioned by the ERCOT, CAISO, MISO and NYISO independent system operators (ISOs); and the ISO-NE, PJM and SPP regional transmission organizations (RTOs).
About Cogent Technology Group, Inc.:
Cogent Technology Group specializes in custom software and software consulting for small to medium sized businesses. In addition to the Data Access and Reporting Service and their Data Flow Manager product, Cogent offers an Energy Marketer Data Reconciliation System product for validating SCR727 data against billing data; a Sales Commission Manager product for managing the generation of residual sales commissions; and their SalesScape Software Suite for automating the sale of commercial electricity contracts. For more information, visit www.ctginc.biz.
About the Oklahoma Municipal Power Authority:
The formation of the Oklahoma Municipal Power Authority was authorized by the state legislature in June of 1981. The agency was created for the purpose of providing optimal sources of electric power and energy to Oklahoma municipalities and public trusts operating municipal electric systems.
In July 1985, OMPA became a full-fledged power supplier with 26 member cities. It has since grown to include 38 cities in Oklahoma with power coming from a number of sources including wind, hydro and natural gas. For more information, visit www.ompa.com.
News Source: Cogent Technology Group, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .