KWI Enters Japanese Partnership with Toshiba

June 27, 2004 by Jeff Shepard

KWI (Houston, TX), a provider of trading and risk management software for the global energy industry, announced its partnership with Toshiba Corp. (Tokyo, Japan), a leading Japanese developer and manufacturer of power generation systems. The relationship has resulted in the creation of the first Japanese-language energy trading and risk management (ETRM) packaged application. The system, called Power Trader™, is available for the Japanese market with complete front-, middle- and back-office functionality and a comprehensive interface to the Japanese Electric Power Exchange.

KWI and Toshiba have been working together over the last year to produce the most advanced ETRM platform for the Japanese market. KWI's domain expertise, proven technology and experience in working with deregulating markets worldwide, together with Toshiba's powerful local presence, deep market knowledge and strong technical abilities, will prove a powerful force to help Japanese utilities prepare for imminent market liberalization.