Allegro to Launch Trading & Risk Management Solution

Allegro to Launch Trading & Risk Management Solution
05.02.2016 10:00 am

Allegro to Launch Trading & Risk Management Solution

Risk Management
Allegro Development Corporation, a leading provider of commodity management software, announced today the launch of 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 effected 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 productised 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."

Related News

Wolters Kluwer Lien Solutions Urges U.S Lenders to Consider Key Risk Strategies to Support Growth

In the wake of an expected wave of defaults by U.S business borrowers, the nation’s lenders are best advised to apply risk management practices to set the stage for long-term... Read more »

Mphasis Digital Risk leverages Mendix low-code platform to enable fast, effective digitalization for the financial services industry

Mendix, a Siemens business and the global leader in enterprise low-code, today announced that... Read more »

MayStreet expands cash treasury offering with the addition of Fenics data

MayStreet, the industry’s leading market data infrastructure provider, today announced it has added Fenics USTreasuries (Fenics UST) to its US cash treasury... Read more »

ESIS numbers surpass pre-pandemic levels for the first time

Mortgage technology expert Mortgage Brain has seen the volume of ESIS generated through its sourcing systems surpass pre-pandemic levels for the first time... Read more »

BBVA Bank selects Fujitsu’s Quantum-Inspired Digital Annealer to explore customers’ investment portfolios

Fujitsu today announces that it is collaborating with BBVA, Spain’s second largest bank, on a proof of... Read more »

Kroll adds consumer credit monitoring to suite of UK data breach notification services

Kroll, a division of Duff & Phelps, a global leader in risk mitigation, investigations,... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel