Green Plains taps Allegro 8 for energy trading, risk management

Source: Allegro Development Corporation

Allegro Development Corporation (Allegro), a leading provider of energy trading and risk management (ETRM) software, announced that Green Plains Renewable Energy, Inc. has chosen the Allegro 8 platform to manage the sales and distribution activities for all ethanol and distillers grains across its facilities.

Allegro’s enterprise system can support significant volumes in physical and derivatives trading, risk management and logistics activities, and counterparty credit risk analysis. Allegro 8 will provide enhanced capabilities across Green Plains’ operations in energy and agricultural commodities, including: 

•Comprehensive risk metrics, including market price exposure and liquidity exposure 

•Integration with exchanges for exchange trading 

•COSO framework reporting for Sarbanes Oxley compliance 

Flexible and configurable reporting tools with the ability to create reports and queries on the dashboard and for exporting



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs