Pharos AMS is designed for the entire commercial operations team: bidding, settlements, analysis and management. It is a web application which collects a range of public and private data from the NYISO, ERCOT, PJM and ISO-NE energy markets as well as other third party websites. AMS helps validate, visualize and analyze bidding both statically and dynamically historically and in real-time. It notifies you of operational and market issues through a dashboard or one of many email alerts. AMS provides tools to quickly access and manipulate operational and settlement data in other applications like Microsoft Excel. It is the only software dedicated to the entire commercial operations team.
Pharos AMS takes the same set of credentials you use with the energy markets utilizes them to download all of your relevant information from the energy markets. One of the immediate benefits is having an alternative portal to the market websites. There are no browser compatibility issues like there are with some of the markets. No multiple sets of credentials to manage. All of your data intuitively integrated together.
How quickly and easily can you…know your current position in the market,view which units are running,total tomorrow's day-ahead revenue,examine the offers your energy manager submitted,or compare your offers with real-time and day-ahead prices?
With Pharos AMS it would take you just seconds, from anywhere, with a computer or smart phone.
There are no IT requirements. Just provide ISO credentials and Pharos handles the rest. Pharos AMS is accessible from any web enabled device.
Do you work with an energy manager or have to supervise internal energy managers? How timely and thorough are they in providing you with information? Are you able to track and validate what is being performed on your behalf?
Pharos AMS is a data middleman. You can provide access to your energy manager and now have a platform to share information and better co-optimize your assets. If you are an energy manager we can help reduce your IT and overhead burden in fulfulling your reporting requirements to your clients.
Data Capture and Warehousing
Pharos AMS eliminates ISO data retention limitations. Want to go back and see what was submitted last month? Most markets do not make that information available much after the fact. Pharos AMS provides your data back to you in its original form, our rich integrated screens oran API for use in Microsoft Excel and other applications.
Want to build your own systems? Leverage our data capture and integrate your systems with AMS. Don't want renew our contract but want your data? No problem. You have data portability and can take your data somewhere else. Best of all you can do it on your own.
It is not uncommon for a company to be in multiple markets, then have multiple market participants with multiple credentials for different systems within a market. With Pharos AMS you issue one AMS user account and the user can access everything. Some dashboards merge data accross markets and market participants providing a comprehensive view of everything under management. Users can also be prevented from seeing financial data such as bids and offers and settlement files. Instead they will only see operational information. Users can also manage their own email preferences.
Off-the-shelf meets customized software
There is only one version of Pharos AMS. It is constantly evolving. As new features are developed, even preliminary features, they are pushed to production and all users benefit. Included in our license is development time for feature requests that of general interest, not proprietary and on our time frame. What you get is a software system that not only grows with your needs, but grows to meet the needs you did not know you needed and keeps up to date with market changes. We become an extension of your commercial operations team. An outsourced development team that behaves like insourced development.
Have your own development team? Great they can leverage off of our technology or focus on proprietary coding and capabilities unique to your operations. They do not have to reinvent the wheel in building new features.
By outsourcing to Pharos get a development team with subject matter expertise. There is no need to adjust staffing as your needs or assets under management change. You get the benefits of our experience across all of our clients, all asset types and markets. Since we have access to more data and asset types we can more adequately test and build robust software. A common problem with internal development is it can be sidetracked by other internal projects. With Pharos AMS we are dedicated to asset management software.
Want to have customized solutions? We can negotiate that on time and materials basis. Want us to integrate with internal systems? In the past we have integrated PI to provide a higher level of intelligence to our clients.
There is no implementation fee, unlimited seat license and included development. The license is designed to be easy to manage and account for. Pricing varies but is on the order of magnitiude being less than a full time equivalent.