Energy Risk Recognizes Allegro
ALLEGRO RANKS NUMBER ONE IN MULTIPLE CATEGORIES IN THIS YEAR’S SURVEY, INCLUDING OVERALL EASE OF USE
DALLAS, April 26, 2017: Allegro Development Corp., a leading developer of commodity trading and risk management software, announced today that it has been named the number one vendor in several key categories in the highly anticipated Energy Risk Software Rankings 2017.
After examining the capabilities of the world’s best ETRM software companies, Risk.net, part of Incisive Media, said Allegro had earned the outright top placement in three categories: Overall ease of using the system, regulatory compliance, and governance, risk and compliance. Additionally, Allegro tied for first place in the physical and financial integration category.
Before this year’s four first-place rankings, Allegro had garnered the lead position in more than 20 other Energy Risk survey categories over the past seven years.
Allegro also ranked second in four categories in the Energy Risk Software Rankings 2017 report – market risk: gas, oil trading, freight trading and best knowledge of the market in which its software operates. Additionally, Allegro collected nine third-place rankings, giving it a total of 17 top-three finishes in the report.
The Energy Risk software rankings were determined by a thorough evaluation of the software developers who helped shape and adapt their technology to evolving challenges in their market.
Frank Brienzi, CEO, Allegro Development
“We are pleased with this year’s rankings and the positive findings in the Energy Risk survey. It validates the fact that Allegro’s technology roadmap is exactly what customers are looking for in a commodity trading and risk management solution, and it also confirms that our investments continue to help drive business efficiency for our platform’s users. These rankings further demonstrate Allegro’s continued commitment to product innovation.”
For more information on the Energy Risk Software Rankings 2017, visit Risk.net: http://www.risk.net/commodities/4298056/energy-risk-software-rankings-2017
Allegro is a global leader in commodity trading and risk management software for power and gas utilities, refiners, producers, traders and commodity consumers, providing position visibility, risk management, comprehensive controls and regulatory compliance. With more than three decades of industry experience, Allegro’s enterprise platform drives profitability and efficiency across front, middle and back offices, while managing the complex logistics associated with physical commodities.
Headquartered in Dallas, Allegro has offices in London, Singapore, Calgary, Dubai, Houston, Jakarta and Zurich, along with a global network of partners. For more information, visit allegrodev.wpengine.com.
About Incisive Media
Incisive Media is a leader in the digital business information market, delivering high-quality and timely information to communities as quickly as possible, in the format readers want, and when they need it. Incisive Media’s objective is to provide readers with information, events and services that make them more effective in their jobs. The company aims to be at the heart of the markets it serves, meeting their information needs with creative solutions, digitally or in person, that deliver authoritative and engaging content.
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About ION Group
ION Group provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation. For more information, visit https://iongroup.com/.
About ION Commodities
ION Commodities delivers data-driven energy and commodities trading and risk management solutions across the supply chain. Our scalable ETRM and CTRM solutions equip clients to use real-time risk analytics and reporting, minimize supply chain risks, automate critical business processes, and make faster, more informed decisions. We provide full support and transparency for procurement, supply, and trading to a global community of over 1,200 clients. For more information, visit https://iongroup.com/commodities/.