Electricity Commission system goes live

JADE SOFTWARE CORPORATION NEWS RELEASE

8 July 2008

NZ Electricity Commission acknowledges Jade Software’s contribution to its success

The Electricity Commission achieved a critical milestone on 10 June 2008 when its new Registry and Reconciliation system went live. This system, developed by Jade Software Corporation (Jade), supports the new rules governing the management of payments and reconciliations between New Zealand’s electricity retailers, distributors and generators.

Electricity Commission General Manager Mervyn English said, “The enhancements to the Registry System and Jade’s achievement of having the system enhancements completed on time and in accordance with the new reconciliation rules has been central to the projects successful implementation.”

Jade’s Managing Director Dr. Rod Carr noted that the Registry and Reconciliation System, which keeps track of over 2.5 million individual electricity meters in New Zealand and provides the algorithms that determine which retailer owes which wholesaler how much, was a classic example of a complex data model capable of handling the multifaceted and changing business rules required to meet a unique business problem.

Dr. Carr said, “The Electricity Commission is a longstanding and valued Jade customer. They have needs that are unique to them but of a type that we are expert in solving. For example, for Fonterra, Jade systems apply complex business rules to determine how much each dairy farmer should be paid; for Air New Zealand, Jade determines what reimbursements their air crew are entitled to; for container ports Jade establishes where to stow containers on ships; and for train operators, Jade systems manage train schedules, monitor train movements and calculating penalties for delays caused on rail systems.

“Jade’s expertise and JADE tools appear to provide organisations that have to deal with complexity, in order to deliver their services, with real strategic advantages over their competitors who are often trapped into commodity software product offerings which lack flexibility and are expensive to change,” Dr. Carr said.

ENDS

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