Energy Trading

Large U.S. energy marketing company

Challenge. A company specializing in natural gas and electric power marketing and energy management services formed a subsidiary to trade physical commodities and financial instruments to more effectively manage risk exposures in power, natural gas, NGLs and coal. Managing trades with spreadsheets or local, decentralized databases would not suffice because the company needed to pursue sophisticated cross-commodity trading strategies.

Result. Allegro delivered an integrated solution that supports all the required business operations, facilitating more than 50 trades a day. All traded commodities are managed seamlessly and interactively in a single environment, giving this company all the strategic flexibility and trading power it needed.

North American energy services company

Challenge. This major energy services enterprise is in the business of helping companies drive efficiencies in energy purchasing and consumption, including price risk management. An group within the enterprise operating in unregulated markets needed to make a transition from spreadsheets and local databases to a fully integrated environment to manage real-time positions and financials plus audit tracking. The solution had to integrate with existing billing and accounting systems and facilitate efficient customer billing.

Result. An integrated Allegro solution provides a comprehensive, secure and auditable record of all physical and financial energy transactions, enabling the company to evaluate its overall position and thus maintain profitability and supply reliability while containing risk exposure in gas and power markets. Allegro’s extensible software architecture also lays the foundation for future growth in the evolving retail power arena as deregulation creates new prospects and markets.