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

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