Yes Energy has been providing quantitative analysis and analytical software tools since 2008 and our experienced technical staff have been serving the energy industry for a long time, so our paths have likely crossed before.
The innovative, reliable, and easy-to-use products and services provided by Yes Energy are the result of many years of learning how to best serve the industry.
Yes Energy’s experience can be described in the following categories:
Market Data Management. Our products and services are essentially a modern and visual form of a database. As such we believe we can better serve our customers if we are experts in the data in that database. Our staff of sixteen has significant experience working with ISO market data; nine of us have been working with this market data between eight and fifteen years. This experience surely provides us with the ability to build innovative systems for analyzing the data. But it also allows us to do a better job collecting, cleaning, preparing, and understanding it so that we can provide better customer support in talking to customers about it.
Database Architecture and Management. There is a particular set of skills needed to manage a database containing billions of rows of data. Our team has those skills and has applied its years of experience in setting up ISO market databases to build the Yes Energy database. It is a flexible system that is designed not as a pure data dump system, but one prepared to answer trading and other market-oriented questions. This design allows it to be very fast given the size of the questions being asked of it. In addition, our database team has significant experience in setting up and managing database hardware. As a result, we have very powerful and very efficient systems (and backup systems) that support our products and services.
Markets Analysis and Econometrics. In order best help clients through analytical data systems, it is crucial to understand what they are trying to do with the data. Every customer has their own custom view of the market and their own proprietary secrets in how they manage their business and trading. Yes Energy has the right staff to help with basic or very sophisticated analyses that our clients undertake. With three economists and two applied mathematicians on staff, Yes Energy is well qualified to not only build and provide data software tools, but also to act as a “quant shop” for our clients. Yes Energy’s consulting practice provides custom quantitative market analysis including forecast development, trade opportunity discovery, trend analysis, risk management, and trade/bid strategy development. Our experience in these areas greatly expands our abilities to develop analytical data systems represented in the PowerSignals and QuickSignals applications.
Analytical Graphical User Interface Design. Yes Energy’s software tools are known for their presentation and layout of our interfaces, the elegant and efficient displays of large result sets, and the ease of use in getting to answers. These elements are built into our tools by an experienced set of software development managers and developers. Unlike other companies who outsource such work, our developers understand the market data and talk directly to clients about their analytical needs. These elements are a deliberate managerial approach to creating interfaces for analytical tools that do very specific things for a very particular market place – electric power.
Geographic Information Systems. Market data in a market defined by “locational” pricing is geographic in nature and therefore must ultimately be presented that way. We put as much market data as possible on maps through our “one click layers” presentation so that traders can better understand the physical and geographic relationships that drive much of the market behavior. This work is led by two members of our team with training and experience in the kinds of geographic technologies required for this kind of presentation.