Denmark’s Neas Energy has gone live with the Allegro 8 platform to manage its natural gas trading operations in Europe. Zürich, February 6th – Allegro Development Corporation today announced that Denmark’s Neas Energy has gone live with the Allegro 8 platform to manage their European natural gas trading operations. Neas Energy is an international energy company specialising in the optimisation of physical energy assets in European energy markets. Based in Denmark with offices in Germany, Sweden and the UK, Neas Energy represents a diversified Pan-European portfolio that includes combined heat and power, renewables (VPPs) and certificates. Neas Energy has gone live with Allegro’s real time valuation tools and with Allegro 8, Neas Energy can take advantage of the following benefits: Active, real-time monitoring of positions for physical and financial trades Real-time monitoring of MtM and P&L calculations Automatic flow of all energy trades into the Allegro Platform via Trayport Faced with growing business complexity, the company needed to move beyond its legacy spreadsheet-based gas trading and risk management system to a robust, best-of-breed solution capable of providing instant visibility to manage diverse trade information and developing business opportunities. The Allegro 8 platform offers the scalability necessary to accommodate the company’s … continue reading
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Source: CTRM Center