Nominator® is the Core Logic Module which drives numerous function and feature modules associated with Energy Load Forecasting and Energy Demand Forecasting.
As with electricity, Matrica's Nominator® core energy modelling and forecasting system is used extensively for Gas demand forecasting by distributors and shippers for nominations and procurement. It is also implemented with pipeline operators to assess and plan for capacity in their line packs.
The module has been developed using the proven and reliable Artificial Neural Network (ANN) technology which is demonstrably successful in our gas and electricity systems.
The core Nominator® product has been developed for energy demand modelling and forecasting and is a well established product in the de-regulated Energy markets. It is designed around a core system with additional bespoke modules to accommodate clients' specific needs efficiently and cost effectively.
Nominator® is the registered trademark of the Nominator software which is produced, distributed and supported by Matrica.
Matrica offers energy market participants, corporations, government agencies, and academic researchers a powerful forecasting and data analytics tool through a ground-breaking, easy to use business object-oriented interface .
Our Nominator® software suite is built around a generic and flexible data management system. Business logic and data processing are contained in a series of additional modules so the system functionality can be tailored to each user requirements. The flexibility of the system means that it can be applied to any business sector.
There is a Nominator® ‘big data’ option for users looking to take advantage of the latest advances in IoT, smart meters, intelligent grids, dynamic load management, intra-day and automated trading, predictive maintenance, and weather data provision technologies.
The Nominator® application includes a core logic module that drives numerous functional modules supporting electricity load and renewable generation forecasting, gas demand forecasting, data management, energy price forecasting, risk simulation, reporting, and cost modelling. Nominator®s modular design means that it is highly configurable to meet each client's specific needs whilst being capable of expanding as the client's functional requirements grow. This beneficial and cost-effective approach is strongly endorsed by our clients.
User-friendly modelling and forecasting interface allowing construction and comparison of multiple modelling methodologies. The flexibility of the modelling system provides a fast and simple tool for the application of user domain knowledge as well as a fully configurable process for fine-tuning model performance.
Full user control of open modelsand forecasting settings. Best practice values supplied for quick initial analysis and visibility.
Library of over 500 mathematical functions.
Analytics & Function Builder for users to build their own complex routines, incorporating business logic functions and algorithms.
Library of predefined modelling inputs and an intuitive system for creating user-defined inputs.
Model inputs either chosen manually or via automatic feature selection such as the GRNN and Forward Regression algorithms.
Full user visibility over model structure, especially coefficients and parameters.
Statistical and graphical model/forecast performance evaluation tools.
Powerful simulator tool for forecasting based on “what if” conditions, including user-defined scenarios and Monte Carlo simulations.
Full data aggregation offering m ultiple options including user-defined formats. Unrestricted ability to aggregate, filter and combine forecasts from different sites and modelling methods.
Comprehensive, flexible reporting via user-configurable Dashboards and HTML
MATIS is a Matrica-designed generic and flexible data storage and management system. With a modular design for business logic and data processing, system functionality can be tailored to individual clients’ data capture, processing, and storage needs across different industries. Developed in the MS .NET framework, the generic and flexible design is ideal for rapid development of customised applications.
MATIS also offers a hosted and managed ‘big data’ service options for clients seeking a fully-scalable, secure cloud-based implementation of Nominator®.
Data Connectivity & Systems Integration: enables data access, pre-processing and exporting for smooth integration
A Reports Library offering a range of standard reports, available for screen display, print or data export.
Data analytics combines a vast library of mathematical and business functions with a range of mathematical and statistical algorithms enabling the user to build complex equations and business logic, and analyse results with ease.