Ascend Analytics, a leading developer of innovative software solutions for energy analytics, today announced that the CurveDeveloper software solution for generating forward commodity curves has been upgraded to include additional curve generation tools.

CurveDeveloper solution addresses the core market data infrastructure needs of energy companies. CurveDeveloper is a delivered solution that harvests, scrubs and maintains market price data from brokers, exchanges, vendors and any other source. CurveDeveloper then provides tools to generate forward price curves following your own business rules.  Energy companies require quality market data and forward curves for trading, hedging and MtM purposes.  However, the number of data sources and various formats has made collecting and maintaining this data cumbersome.  For companies that require more control over their market data and forward curve generation process, CurveDeveloper is the solution of choice.

The latest version of CurveDeveloper has added new capabilities in setting up commodities, locations and markets.  Often energy companies wish to set up and track new market data sets quickly.  By incorporating these new tools, CurveDeveloper allows authorized users to be able to add/modify new data sources on the fly.  In addition, the CurveCube reporting tool was upgraded to build quick graphs directly from the market data screens.  These new features will allow users of CurveDeveloper to more quickly track new data sources and generate graphs from data they are viewing.

Key features of CurveDeveloper include:

• Automates data collection, scrubbing and curve generation
• Harvests market data from nearly any source
• Performs numerous tests to verify and scrub market data
• Generates forward curves utilizing client-specific rules
• No arbitrage forward strip reduction
• Ranking & Weighting by commodity and location
• Missing data and stale quote handling
• Regression analysis and Seasonal shaping
• Creates a transparent and auditable process
• Dynamic link to deal capture systems
• Calculates correlations & volatilities

• Extends forward curves for 25 years

About Ascend Analytics Ascend Analytics is an innovative software service company focused on energy analytics. Ascend’s solutions provide the core analytic infrastructure to stream line processes, enhance understanding, and support decisions.  Ascend is an employee owned software service company based in Boulder, Colorado.  Ascend’s management team has over 60 years of direct energy experience.  Our primary analysis tools include: PowerSimm, PowerSimm Planner, PowerSimm Ops, CurveDeveloper & CreditSimm.