MCG Energy Solutions

Since 1995, MCG has provided software solutions for the everyday business needs of utilities and other wholesale and retail energy entities. We recently acquired Versify Solutions, Innotap, and Paragon Energy Solutions to grow into the industry leader we are now. With the most comprehensive Energy Software Suite, we design and provide software for energy accounting, trading, scheduling, and transmission for the front, middle, and back office.
MCG develops and provides efficiency to wholesale and retail energy customers but the key to MCG’s success is creating and maintaining successful, long-term relationships with customers.

• Integrated Asset Manager (IAM) – A user-friendly system for bid capture, physical scheduling and tagging, ISO market submissions for Physicals, Financials and Asset Management, market clearing, real-time scheduling, performance reporting, and settlements. IAM fully supports scheduling and market submissions with all North American regions and markets.
• MCG’s Paragon Energy Risk Manager (ERM) and Credit Risk Manager (CRM) – ERM is a fully integrated trading, credit, and market risk management solution for complex, multi-commodity energy companies. Our CRM manages credit risk, including counterparty, contract, collateral, exposure management, advanced credit analytics, and credit scoring.
• MCG’s Versify Outage Management System (OMS) and Operator Log (OpLog) – OMS is a market-leading solution for handling the outage process from the initial request, through approval processes, to execution and coordination activities in the field and with ISOs/RTOs. OpLog simplifies outage management by logging events, activities, and compliance requirements.
• Energy Accounting System (EAS) – EAS tracks and manages time-series data types, such as load, imbalance, contract, etc. A meter’s data sources are tracked and a profile is generated. The validation engine verifies meter data to manage quality issues such as bad reads, stuck meters, dated values, etc. The interface is then sent to the ISO markets for MDMA function.
• Innotap Data Suite (IDS) – Organizes and displays ISO market and energy industry data from a wide array of sources. This can then be used for analytics and decision support. The interface can be for easy-to-navigate desktop usage or optional high-speed API. IDS provides updates, event monitoring, and alerts for opportunities and risks to your business, with the ability to visualize and report on the decision-making process.
• Safety Management Software / HSE software – MCG’s Workforce is HSE software that is a comprehensive solution that streamlines health, safety, and environmental management. It replaces manual systems with digital forms and procedures, making it easier to comply with regulations and improve safety. Workforce is customizable safety management software to fit specific industry needs and offers features like permit-to-work, incident management, and regulatory compliance.