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Energy Trading Software and Oil Trading Software from Allegro
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Customer Comments


"APM is aggressive about implementing advanced software technologies. We are always looking for ways to give our traders a competitive edge in developing and executing portfolio strategies for our members and customers. Our successful deployment of Allegro is an example of this strategy. This software enables our traders to immediately capture transactions directly into our risk system. It also creates a more efficient, automated process for managing price indexes and curves. And it improves the timeliness of our transaction reporting."
—Aces Power Marketing (APM)

"With fuel oil representing up to 80% of our cost of doing business, we needed a state-of-the-art, transparent trading and risk management system to help reduce fuel costs, lock in margins and keep track of our physical and financial positions... this initiative with Allegro is part of our overall strategy to improve our systems and processes in order to stay ahead of the competition – delivering flexible and competitive electricity contract offerings to our customers and to drive value for our shareholders."
—PowerSeraya

"Allegro’s technology approach of mix and match software components that are highly integrated will allow Hydrocarbon Exchange users to easily and rapidly drill down and isolate key information required during critical processes. In addition, the ability to view specific contract information in real time to build reports on contractual relationships and potential contract exposures as well as the ability to track and manage processes such as credit and management approvals, will improve our ability to respond to immediate market opportunities and support our future growth objectives."
—Hydrocarbon Exchange

"The goal of this project was to find a long-term strategic partner with a proven track record and industry-specific expertise. Allegro's component architecture and advanced functionality will allow LCRA to utilize only those modules needed to address today's requirements in the areas of energy risk management, trading and distribution, and is highly scalable to support our future growth objectives."
—Lower Colorado River Authority (LCRA)

"Allegro Development now provides ESB with tools that will help optimise our energy operations within controlled risk parameters in developing the energy and fuels markets."
—Electricity Supply Board (ESB), Republic of Ireland

"DONG needed a proven gas trading and risk management system that could rapidly scale with increased activity levels while being potentially capable of also managing electric power, oil, and possibly coal trade exposures, through progressive adaptation. Allegro Development demonstrated a clear understanding of the requirements and a deep ongoing commitment to its product."
—Danish Oil and Natural Gas (DONG)

"The addition of the Allegro Trading Platform allows us to more efficiently and effectively quantify our risk in the various markets throughout our portfolio."
—Stream Energy

"Allegro demonstrated its ability to handle multiple commodities including NGL, crude, naphtha and diesel with integrated pricing/risk management functions and we expect that it will deliver the integrated functionality that we require."
—Lyondell Chemical Company

"This project required us to completely review and, if necessary, reconfigure business processes across Atmos Energy Marketing, promoting consistency across all of our operations. That, in turn, has allowed us to better extract the business benefits of using a fully integrated suite of software components. We are already seeing the benefit of adopting this approach and that includes improvements in first time reporting accuracy, increased efficiency of our operations and an ability to better manage our assets for the benefit of our customers."
—Atmos Energy Marketing

"With the increasing complexity of the natural gas procurement process and the uncertainties associated with predicting demand, we needed a software solution that would more effectively support our operations. The software's complete documentation of gas trading activities and audits of procurement process were critical factors in its selection."
—Seminole Electric Cooperative

"Astra Power expects to see an immediate business benefit from its use of Allegro’s software. By eliminating the need to enter the same data twice, Astra Power will save time and money, gain access to more timely business and financial data."
—Astra Power

"Their software provided powerful customization and reporting abilities which captured and structured our complex business processes."
—Sempra Energy Solutions

"After a careful review of the market, we chose Allegro because they could deliver a system that truly supports front-to-back office operations complete with integrated risk management. Allegro stood out from the crowd as its software delivers a consistent user interface across all of its components combined with good functionality while utilizing a single database."
—Suncor Energy Marketing

"A key issue in successful deployment of energy trading, transaction and risk management software is the ability to expose users to the true power of the system early in the implementation. Allegro's unique implementation approach facilitates this with the benefit that implementation risks and time to deployment are substantially reduced."
—UtiliPoint International

"Allegro Development personnel were very responsive and professional in their approach. Their software provides extremely powerful and customizable views for data management, making it easy to use. Implementing this system will provide improved controls and reporting and help us make the best decisions."
—Seminole Electric Cooperative

"ETRM solution providers offering market-ready solutions built from the ground up on XML Web services have a commanding lead on the market. Energy industry solutions based on Web services are already helping companies to achieve unprecedented efficiencies that allow them to outperform their competitors at a lower cost. Web services also make these solutions easier to upgrade – which is necessary in order to keep pace with changing needs. By developing ETRM solutions on an XML Web services-enabled platform such as Microsoft .NET, vendors are able to offer solutions that are much easier and more economical to deploy, maintain, scale, and modify for volatile markets."
—Microsoft Corporation