Innotap, based in Upper Merion Township, PA, is a leading provider of real-time power trading and decision support tools for energy and commodity traders. Their suite of data visualization, analytics, and decision support products allows traders to capture opportunities in the market quickly and easily. Innotap's recent acquisition by MCG Energy Solutions, a software company specializing in operating and financial systems for the wholesale power and gas industries, further strengthens their position in the North American energy software industry.
The integration of Innotap's tools with MCG's Energy Product Suite enables them to offer customers a complete trade execution solution from front to back office. With a focus on the front office, Innotap's line of pre-trade analysis and transaction monitoring products complements MCG's existing portfolio, providing a fully integrated SaaS platform that offers real-time data visualization and analysis for power trading decisions, trade capture, scheduling, and more. This acquisition solidifies MCG's growth and expands Innotap's reach in the energy software space.
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