Allegro Announces Next Generation Commodity Management Software with Allegro Horizon
Newly launched software platform to deliver market leading technology
for cross-commodity trading and risk management
Allegro Development Corporation, a leading provider of commodity
management software, announced today that it has officially begun
marketing its new software product, Allegro Horizon, addressing the
commodity trading and risk management needs of the agriculture and
forestry, oil and gas, chemical manufacturing, food manufacturing and
utilities industries.
The new solution will provide optimal trading position visibility,
driving profitability through risk mitigation, financial controls and
improved compliance reporting.
“Allegro Horizon was developed in response to the current state of the
global commodity marketplace, which continues to be affected by ongoing
price volatility, political uncertainty, dramatic climatic events,
sweeping regulatory change and technological upheaval,” said Frank
Brienzi, Allegro CEO. “I am confident we have developed the most
sophisticated software platform on the market for commodity trading,
risk management and compliance.”
Each Horizon product is capable of individual deployment and upgrade.
Products represent an optimal configuration, more closely aligned with
how our customers do business across business units, desks and
departments. This change provides a number of customer benefits,
including less intrusive upgrades, easier adoption and greater
implementation flexibility.
The initial release of Horizon also includes performance and scalability
enhancements, including on-premise or cloud deployment. Product releases
are defined by a multi-year roadmap to deliver new feature/function
capability and increased innovation, providing complete, differentiated
and value-driven solutions across the commodity management marketplace.
“We’ve made a significant investment in Allegro Horizon to create a more
productized and industry-focused approach to delivering commodity
management solutions that align with our customers’ business models,”
Mr. Brienzi said. “Horizon is very much a collaborative effort with our
customers and partners. Our first roadmap has been published, and we
will continue to provide product roadmaps on a quarterly basis to share
all major product drops and technology initiatives.”
For more information on Allegro Horizon, please visit www.allegrodev.com
or contact Samantha Johnston at media@allegrodev.com
or +1.214.237.8149.
About Allegro
Allegro develops and markets integrated commodity management software
providing position visibility, risk management, comprehensive controls
and regulatory compliance. Allegro customers manage commodities from
production to consumption, including oil and gas production, petroleum
refining, agriculture and forestry, mining, chemicals, metals, food,
transportation, commercial and utility sectors. Allegro software is
tailored to the specific needs of each commodity, with a comprehensive
set of features and functions to support profitable decisions. Allegro
is headquartered in Dallas, with offices in Calgary, Dubai, Houston,
Jakarta, London, Singapore, Sydney and Zurich.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160205005010/en/
Copyright Business Wire 2016