Allegro, a leading energy trading and risk management ("ETRM")
solutions provider (www.allegrodev.com) has released its latest
version, Allegro 8.0. After nearly two and half decades of delivering
leading-edge solutions, Allegro has unleashed the power of grid
computing in conjunction with a platform for standardized integration
components to the world´s commodity exchanges, market data providers
and enterprise platforms. Traders and risk managers can now leverage
Allegro 8.0´s Interactive Transaction Environment ("ITE") to simulate
transactions, optimize portfolios, and execute strategies to live
markets. Grid computing, integration with renowned market data
providers and commodity exchanges, and proven Allegro solutions enable
instant transparency and real-time optimization.
Distribute your CPU Load on a Grid
Allegro 8.0 reaps the benefits of grid computing, which allows a
network of distributed computers to work in unison, providing
real-time valuation, scheduling, and settlement. Businesses can more
easily scale processing capabilities to match growing portfolios.
Traditional batch processes are replaced with Allegro 8.0 utilizing
grid computing to perform valuations in real-time on a continuous
basis. Profit and loss data, counterparty exposure, and market
exposure are instantly displayed for risk managers, schedulers, and
traders, enabling complete transparency of every impact to their
portfolios.
Eldon Klaassen, Allegro CEO, stated, "Allegro 8.0 brings traders
and risk managers into a new interactive paradigm where live markets,
trader´s intuition, underlying portfolios, and robust analytics
collaborate to highlight opportunities. Allegro 8.0 provides the
platform enabling customers´ tools and connectivity to manage their
business on a higher level."
Using Standardized Integration Components to Capture Market
Behavior and Leverage Enterprise Platforms
Allegro 8.0 delivers a platform for standardized integration
components into the marketplace and clients´ enterprise systems, along
with partner developed integration components that provide direct
connectivity to sources like Platts, Logical Information Machines
("LIM"), integration with SAP, and commodity exchanges.
Designing Environments to Leverage Business´ Intuition
Allegro 8.0´s Interactive Transaction Environment ("ITE") enables
traders and marketers to view existing positions and to dynamically
optimize them based upon live markets. Profit & Loss, Value at Risk
(VaR), Mark to Market (MtM), exposure and other metrics are
continuously updated. Optimized scenarios are ranked and allow the
user to quickly identify the most profitable outcomes. Optimal
scenarios can be transformed into strategies with a single click.
Strategies consist of actual and hypothetical legs, and can be
dynamically simulated to view affects of price movements, varying
volatilities, and other variables. Once a strategy is approved,
unfilled legs of the strategy are delivered to Allegro 8.0´s
interactive order execution.
Deep Energy Experience Continues to Drive Functional Enhancements
Allegro 8.0, the latest evolution of Allegro´s widely deployed
ETRM solution contains many enhancements that meet the specific needs
of energy and commodity businesses. Electricity retailers, traders,
consumers and utilities have access to powerful load forecasting tools
utilizing historical data and variable scalars. Natural gas and power
businesses have the ability to capture and value capacity deals.
Crude, coal, bunker fuel, and grains companies can include multiple
products and locations in a single shipment on vessels, trucks, and
railcars.
Allegro 8.0´s new Option Calculator enables users to quickly
calculate "Greeks" and valuations for complex spread options while
simulating market movements. Outputs can be viewed graphically or in
tabular formats. Reconciliation of book-outs is smoothed by setting
varying payment terms on different accounts, facilitating string and
circular settlement requirements. All this functionality is deployed
utilizing a familiar look and feel, such as the ribbon toolbar that is
also utilized in Microsoft Office 2007.
Allegro knows that commodity markets and customer needs are
unique. Allegro´s solutions are designed to meet those specialized
demands while allowing flexibility to adapt to ever changing markets
and business processes.
About Allegro
Allegro is a leading provider of energy trading and risk
management ("ETRM") software solutions. Allegro provides transparency
and efficiencies across the front, middle, and back offices, by
leveraging advanced technologies like Service-Oriented Architecture
(SOA), grid computing, .NET, and Web Services. With more than 23 years
of steady growth and deep industry knowledge, Allegro is here to stay.
Our ETRM software solutions support some of the largest energy and
trading companies worldwide, encompassing all energy commodities.
Allegro equips customers with the right tools to solve daily
challenges. Allegro is headquartered in Dallas, Texas, and serves
customers worldwide with offices in Calgary, Houston, London,
Singapore and Zurich.
To learn how Allegro can deliver to you a measurable return on
investment, visit: www.allegrodev.com
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their respective owners.