To successfully participate in the North American power market, the front office must be provided with timely feedback on traders' financial positions and the back office must be able to reconcile the financial settlements from market operators. In the deregulated electricity delivery market of California, this is an enormously complicated task, with complex and constantly changing calculations. A toolset that offers flexibility, transparency and dimensionality in implementing highly complex business rules is necessary to accurately perform these calculations. Multidimensional business modeling technology can help companies integrate these business processes across front and back offices-something that's especially important for the small to mid-sized firms that cannot afford to deploy enterprise-wide systems and rely mostly on spreadsheets to meet their settlement needs.
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