Sky Road platform for power markets ; hires Froese to head energy group

Source: Sky Road

Sky Road LLC, a leading software-as-a-service solutions provider to the financial community, today announced the launch of the Sky Road Power Platform.

The new hosted platform encompasses pre-trade analysis and research tools for power markets. Sky Road also announced the hire of Mark Froese as Principal of the newly launched Sky Road Energy Group. The Power Platform will be beneficial to hedge funds, utilities, and other market participants and has been developed with the input of experienced power trading professionals.

The platform provides streamlined access to all pricing points in the PJM, New England, New York, and Midwest ISO/RTO markets. The platform provides the ability to perform detailed analysis of the Real Time, Day Ahead, and Financial Transmission Rights markets. Analysis results are exported to powerful data visualization tools or spreadsheet formats.

Sky Road hosts and maintains the platform which is accessed by clients over the internet.

Overseeing the Sky Road Energy Group is Mark Froese. Mr. Froese has a wealth of experience as an energy trader and has worked at leading hedge funds. Mr. Froese reports to John Borse, CEO of Sky Road, who comments, "We are very pleased to be launching the Sky Road Power Platform with Mark's leadership and experience. As we see increasing demand for power trading capabilities, we are confident that our platform will allow market professionals to perform cutting edge pre-trade analytics and research in a visually appealing environment. The Power Platform will be an exciting new addition to our range of sophisticated trading solutions."

"Power market professionals need easy-to-use tools to access data, particularly in this rapidly growing area of the market. The Sky Road Power Platform meets this need with innovative ASP technology and advanced analytics," comments Mr. Froese. "I am delighted to be joining Sky Road at such an exciting time in the energy markets."

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