Allegro Announces New Metals and Mining Software

Allegro’s market-leading, analytics-driven CTRM software will provide the industry with the solution for smarter trading, enhanced operational risk management, improved position visibility, and growth enablement LONDON, UK, October 8, 2018 – Allegro Development Corp., the global leader in commodity trading and risk management software, today introduced its commodity management solution for the metals and mining market. “I am excited to officially announce Allegro’s move into the metals market,” said Frank Brienzi, CEO, Allegro Development. “In my conversations with metals industry participants, I have noticed two common themes: one, their current CTRM solutions are not meeting their needs in today’s market, and two, they are extremely enthusiastic about Allegro’s recent acquisition of FEA, the world leader in quantitative analytic solutions. This is truly a perfect time for Allegro to enter the market with our proven, flexible, and analytics-driven CTRM software, Allegro Horizon, which will provide the industry with much needed tools for smarter trading, enhanced operational risk management, improved position visibility, and growth enablement.” Managing risk across metals operations and price exposure has become a challenge for industry participants due to a traditional lack of flexible and configurable commodity management solutions available to the market. Allegro has answered the need for… continue reading

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Source: CTRM Center

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