Water market, settlement validation: C&C Group is the market leader in secure market communications, bi-lateral communications and settlement validation.
Our Settlement Validation allows wholesalers and retailers to calculate settlement charges using published tariffs against their respective data sets. The results can then be compared to the Market Settlement Reports (issued by the MO) and any differences are identified.
The application covers the lifecycle of a SPID, all possible paths through the system, and the related lifecycle status attached to these paths (validated, matched, unmatched, settled etc). It plays a crucial role in providing retailers with an accurate view of the costs – particularly wholesale – associated with an SPID to ensure they do not exceed the charges to the customer.