HOUSTON, Feb. 5, 2002 — Logica today announced that its Market Data ClearingHouse (MDCH), an outsourced service for customer choice, is processing data for over 1 million of AEP’s utility customers in Texas.
The Texas retail power market opened for competition on January 1, 2002, which allowed individuals and corporations in much of Texas to select their power provider.
AEP, an 11-state utility, has implemented Logica’s MDCH service for its operating companies in Ohio, Virginia, Michigan and now Texas. The extension of MDCH services to AEP’s distribution customers in Texas adds over 1 million delivery points to the 2 million currently being processed through Logica’s clearing house. AEP plans eventually to use the MDCH service in all states where it will implement customer choice.
According to Jeff Laine, AEP’s Director of Customer Choice Operations, “Logica’s MDCH supports the transactions among market participants while applying regulatory and business rules that vary from state-to-state. For a multi-state utility like AEP, this means the utility not only has the ability to implement customer choice incrementally as different states restructure, but the MDCH also provides consistent interfaces between the MDCH and AEP’s operating companies across all states. The existence of common data standards also provides benefits to service providers operating in AEP’s service territories.”
AEP utilizes Logica’s MDCH as a market processing service and messaging gateway to market participants in its Texas regulated service territories.
“Logica designed the MDCH solution to be a global data clearinghouse to service multiple markets and competitive service providers. Our focus on serving multiple entities and the upgrades and enhancements we will implement in the years to come will maintain the MDCH as a customer choice solution that continues to fill the needs of many different deregulating markets worldwide,” noted Jim Cypert, Logica’s Executive Vice President, Energy & Utilities Division.
Logica (LOG.L) is a global solutions company providing management and IT consultancy, systems integration, products, services and support.
Founded in 1969, Logica is listed on the London Stock Exchange where it is part of the FTSE100 index of the largest UK listed companies. More information can be found at www.logica.com and www.us.logica.com.