Allegro Development Corporation, a leading provider of commodity management software, announced today that Energy Risk Magazine’s editorial board selected Allegro as the Energy Trading and Risk Management Software House of the Year for 2015.

“Energy Risk reserves the ETRM Software House of the Year award for the one vendor who demonstrates innovative forward-thinking in the design and delivery of their products and services," said Stella Farrington, Editor, Energy Risk. "Allegro certainly is this year's most deserving recipient. Their new Horizon product and vertical market focus make them more relevant than ever. We are proud to name them our 2015 winner, and expect them to be in the running for next year's award.”

This year's award caps Allegro's 2015 campaign, highlighted by double-digit revenue and profitability over the previous year, 20 new logo accounts added to the global customer roster, and the introduction of Allegro Horizon, a new software platform configured by products aligned to trade desks by commodity for visibility across the entire commodity transaction lifecycle.

“Receiving the Energy Risk award validates that our mission is on point and our product is right for the times,” said Frank Brienzi, Allegro’s Chief Executive Officer. “Being named the Software House of the Year by such a prestigious publication is more than an honour. It's a responsibility to stay the course and continuously improve our product and business model to serve the needs of our customers.”