MCG Energy Solutions, LLC: MCG Applications and Hosting
What its stage means
An agency or the FedRAMP program authorized it. Agencies can reuse that authorization.
The provider's description
MCG Energy Solutions develops and provides wholesale and retail energy software on a SaaS basis that we host as a CSP in the MCG Private Cloud. Both our Private Cloud infrastructure (IaaS) and our product suite (SaaS) exceed a 99.99% SLA uptime for utilities and other businesses that need a true 24x7x365 system with real-time (active/active) redundancy.
MCG’s entire customer solution, including all product offerings and services, has no gaps between our software and the infrastructure it runs on. Our solutions are hardened through and through to mitigate customer risk exposure and minimize required maintenance.
The following products are included in the MCG Application suite which can be used individually or together as a complete energy software solution:
• Integrated Asset Manager (IAM) - A full-featured, easy-to-use wholesale energy marketing and trading solution integrated with all North American physical bilateral markets and ISOs. IAM’s user-friendly scheduling interface streamlines workflow for managing front-office and back-office operations including trade capture, transmission reservation management, fully integrated native e-Tagging, scheduling, bidding, dispatch, settlement, and reporting for all resources and loads.
• Energy Accounting System (EAS) - Tracks and manages time-series data types, visualizes calculations (load, imbalance, contract, etc.), and tracks a meter’s data sources to generate an official profile based on the best available and validated data. EAS supports granular meter input (5-minute, 15-minute, hourly) and tracks multiple data sources for a single meter such as PI, MV90, market, and more. The system’s flexible calculation engine accepts and saves the calculations you require in an Excel-like format.
• TransBill - Extends EAS as a complete wholesale power billing and invoicing solution that bills a wide variety of wholesale contracts for both generation and transmission businesses. TransBill assists in performing all components of Open Access Transmission Tariffs (OATTs), Purchase Power Agreements (PPAs), Grandfathered Agreements (Power and Transmission legacy contracts), ISO Transmission Revenue Shadowing, and more.
• MCG’s Versify Outage Management System (OMS) - An industry leader for handling the outage process from the initial request, through approval processes, to execution and coordination of activities in the field and with ISO and RTO markets. Versify OMS features the advanced Versify workflow engine that greatly reduces time and expense of adjusting the system to meet changes in markets and your business.
• MCG’s Versify Operator Log (OpLog) – A web-based software system that easily logs events, activities, and compliance requirements in a single tool using the same workflow engine as Versify OMS. OpLog simplifies communication between the field and office, and automates manual processes to eliminate errors while improving efficiency and compliance.
• MCG’s Versify Workforce – Advances and streamlines safety management with tools for desktop and mobile devices, including Permit to Work (PTW), Job Hazard Analysis (JHA), Job Safety Analysis (JSA), Lockout Tagout (LOTO), and more. Workforce reduces the administrative burden on staff while enhancing compliance and coordination between the field and office. Designed to provide complete visibility across your organization, Workforce ensures the correct safety and compliance measures are taken for the safety of your employees and work environments.
• MCG’s Paragon Energy Risk Manager (ERM) - A fully integrated trading, credit, and market risk management solution for complex, multi-commodity energy companies. ERM manages the entire risk management process throughout the transaction life cycle including counterparty onboarding and scoring, trade limits, margining agreements, trade capture, scheduling, Mark-to-Market (MtM), accounting, and credit analysis. Combining state of the art technology with dynamic feat
What FedXchange has recorded
No change since FedXchange began following it on April 14, 2026. Each change of stage, impact level, or number of authorizations appears here.