PSEG Selects Unify for State-of-the-Art Energy Trading Communication

Unify's OpenScape Xpert delivers more efficient trading with superior disaster recovery

Dec 15, 2015, 09:00 ET from Unify

BOCA RATON, Fla., Dec. 15, 2015 /PRNewswire/ -- Unify, a leading communications software and services firm, today announced that Public Service Enterprise Group (PSEG) has selected OpenScape Xpert to enable more efficient and reliable communication for its PSEG Energy Resources & Trade LLC group. 

PSEG owns and operates a diverse fleet of power plants with more than 13,000 megawatts of generating capacity located primarily in the Mid-Atlantic and Northeast regions and has solar energy facilities throughout the United States. Among the nation's first and most successful energy trading organizations, PSEG Energy Resources & Trade LLC operates a leading wholesale energy business in the Eastern United States.  As the trading arm of PSEG Power, PSEG Energy Resources & Trade markets the output of PSEG Power's generation assets, acquires and hedges fuel and power, economically dispatches plants, and trades numerous energy-related products.

With one of the largest trading platforms in the US at its Newark, New Jersey headquarters, PSEG needed a communications solution that would enable fast, secure and reliable trade execution. As they neared end-of-life with their existing solution, PSEG issued an RFP for a state-of-the-art turret system that offered superior flexibility, efficiency, and cost effectiveness. The solution also needed to support installation at two remote disaster recovery sites.

PSEG selected Unify's OpenScape Xpert, a virtualized smart trading solution that combines voice, data, security, risk reduction, and seamless communication with a robust, multi-functional turret for a software-driven solution that helps lower their total cost of ownership.  OpenScape Xpert enhances trader performance with the latest technology that brings multi-line voice, instant messaging, video and more to the fingertips of today's traders, while delivering on the need for speed.

"It is critical that our trading floor operate as efficiently and reliably as possible," said Daun Forester, managing director-trading, marketing and origination at PSEG. "Unify took the time to understand our needs and responded with a comprehensive solution that met our requirements, plus highlighted that they are committed to building a true partnership with PSEG."

OpenScape Xpert provides PSEG with an easy to use and easy to deploy solution that includes integrated radio dispatch capabilities as well as advanced call recording and analytics, which exceed current regulatory requirements. Additionally, Unify offered PSEG a predictable cost model to ensure the solution stays within budget.

"OpenScape Xpert continues to deliver state-of-the art trading floor capabilities to an increasing number of customers, and we're pleased to be working with PSEG to support its cutting-edge trading operation," said Dan Papes, Executive Vice President, North America, for Unify. "We worked closely with PSEG to truly understand their requirements and the challenges they face, and developed a solution that effectively addresses those needs both today and in the future."      

About Unify
Unify is one of the world's leading communications software and services firms, providing integrated communications and collaboration solutions worldwide. Our customers range in size from 5 employees to 500,000+ employees. Our solutions unify multiple voice, video and data networks, connected devices and applications into one easy-to-use platform that allows teams to collaborate effectively and efficiently – anytime, anywhere. The result is a transformation of how the enterprise communicates and collaborates that amplifies collective effort, energizes the business, improves employee satisfaction and enhances business performance. Unify has a strong heritage of product reliability, innovation, open standards and security. Our OpenScape and Circuit communications solutions provide a seamless and efficient collaboration experience – on any device. Together, the group's global team of UCC experts and service professionals set the standard for a rich communications and collaboration experience that empowers teams to deliver better results.

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