| Mon, 06 Feb 2023

advisories & notices

Advisories & Notices
Publication of Audit Summary Reports on the NMMS and CRSS
Thu, 22 Oct 2020

Dear Market Participants,

Please be informed that the Summary Report on the Independent Software Audit of the New Market Management System (NMMS) and Central Registration Settlement System (CRSS) is already available for download.

The PEM Audit Committee (PAC) supervised the independent software audit of the modules of the NMMS and the CRSS including enhancements and fixes, and related tools, systems and applications.

The audits were conducted to validate compliance with the Market Rules and Manuals, particularly the Price Determination Methodology (PDM) Manual, for the enhanced WESM design and operations, and other relevant issuances of the DOE and ERC.

These audits were handled by the Intelligent Energy System (IES), the external auditor commissioned by the PAC. After the conclusion of the audits, IES issued software certificates indicating the compliance with the Market Rules and Manuals, and other relevant issuances of the DOE and ERC for the enhanced WESM design and operations.

Thank you.