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Computer software for use in the utility, power and energy industry for integrating and interfacing of contracts, counterparties and confirmations related to purchases and sales of energy, ancillary services, capacity physical transmission and congestion hedge for electricity, natural gas, fuel oils and coal commodities that are physical and financial bilaterals, system an regional transmission operators transactions as well as deals consummated on formalized exchanges with the ability to calculate mark to market, display real time position management information and track credit exposure on said deals; Furthermore, the system allows for the scheduling, matching and bookout of power in control areas and regional transmission operators, the checkout of bilateral transactions via a web based and local process, and invoice creation, management and reversal
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