Clarity Systems Partners with Arthur Lawrence to Automate Energy Industry Regulatory Reporting



    
    Arthur Lawrence to sell and jointly deploy Clarity FSR(TM) eTariff
    Management Solution, benefiting public utilities, oil and natural gas
    pipeline owners and power administration authorities across North America
    

    TORONTO, Aug. 24 /CNW/ - Clarity Systems, a leader in external reporting
solutions and Arthur Lawrence, a global IT services and advisory company that
delivers high quality, cost-effective information technology solutions, today
announced an agreement to jointly deliver the Clarity FSR eTariff Management
Solution to energy-industry players across North America. Arthur Lawrence has
developed a Clarity FSR eTariff implementation methodology and toolkit to
expedite compliance with FERC(1) Order 714.
    The two firms will work closely together to deploy the world's only truly
collaborative electronic tariff management solution at energy companies across
North America. The solution improves the management of tariffs throughout
their lifecycle, including general tariff management, revisions, filings and
research.
    "Our analysis of current tariff management market solutions revealed most
to be cumbersome and not user-friendly, unable to react quickly to the fluid
regulatory environment that characterizes today's energy industry," said John
Moser, Chief Executive Officer, Arthur Lawrence Compliance. "Specifically, the
demands on industry players to file all tariff information, tariff revisions,
rate changes and all manner of new construction applications electronically,
as required by the FERC effective April 1, 2010, generates a real opportunity
for companies and power administrations to look for new solutions to automate
these processes, and we believe that the Clarity FSR eTariff Management
Solution is a step-change in that regard."
    "Already established as the unique answer to the reporting challenges of
the Office of Finance, our extension of this proven technology in the form of
the Clarity FSR eTariff Management Solution addresses the FERC compliance
requirements of the energy industry," said Paul Hill, Chief Operating Officer,
Clarity Systems. "Clarity FSR's underlying architecture lends itself to
automating external reports including filings to all manner of regulators, and
leveraging the trusted implementation services of Arthur Lawrence makes our
product and services offering a truly powerful solution," added Hill.

    Features of Clarity's eTariff Solution

    Clarity Systems and Arthur Lawrence have already started to improve the
efficiency of tariff management, revisions, filings and research at select
entities. By managing the complete tariff management lifecycle, control of the
process is enhanced and risk of non-compliance reduced, given that the
solution generates fully-compliant filings, pre-validated and packaged to
submit to the FERC with a few keystrokes. And the solution allows clients to
quickly generate the status of a tariff at any point in time, regardless of
the size of the documentation, whether it's five pages or five thousand pages.
Tariffs can also be re-created based on a single date, and managed on a
'section' or 'page' basis, which allows users to prepare for a future rule
change by establishing easily-amended baseline information today.
    More information on the Clarity FSR eTariff Management Solution can be
found at http://www.claritysystems.com/Product/eTariff.aspx and at
http://www.arthurlawrence.net/compliance.asp.

    About Arthur Lawrence Compliance

    Arthur Lawrence Compliance (ALC), a subsidiary of Arthur Lawrence, is a
leader in implementing unified risk management and compliance solutions to
Global 2000 companies. ALC key business offerings include compliance related
advisory and process design services, technology integration and
implementation, business transformation, application support outsourcing,
business intelligence, and management and regulatory reporting services. ALC
works closely with its customers to enable change that drives data
transparency, increases business process efficiency, and manages risk. ALC
applies its deep industry knowledge, technical excellence and global delivery
expertise to help its customers build leadership positions in their markets.
Arthur Lawrence, founded in 2003, is headquartered in Los Angeles, California,
and has offices in Houston, Texas and London, United Kingdom. For more
information, please visit our website at www.arthurlawrence.net.

    About Clarity Systems

    Clarity Systems delivers software solutions to the Office of Finance and
regulatory filing departments. Our software helps large and mid-market
organizations around the world automate their external reporting processes to
support the production of regulatory and statutory reports, and improve their
budgeting, planning, consolidations, scorecarding and management reporting
processes. Our unified applications help companies reduce risk while
simultaneously improving operational efficiency. For more information, please
visit our website at www.claritysystems.com or call us at 44 (0) 2031784038 in
the UK or 1-877-410-5070 in North America.

    
    ------------------------------
    (1) Federal Energy Regulatory Commission (FERC)
    




For further information:

For further information: Dave Paolini, Communications Manager, Clarity
Systems Limited, (647) 242-1184, dpaolini@claritysystems.com

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