Crude Oil Traders

Crude oil traders need real-time, integrated capabilities, advanced decision analytics and “forward focus” for market optimization that only Allegro delivers. Allegro’s proven modular architecture, native Web services and best-of-breed application modules combine to fit each trading organization’s exact business requirements.

Using Allegro solutions, traders manage portfolios more effectively and understand positions at a glance to make better, quicker decisions — for example when purchasing production or inventory and having it delivered to a refiner or other end user.

Allegro supports the entire business process including comprehensive management of price, physical and credit risks. Customers manage term and spot contracts, and use flexible pricing formulas, including discounts and premiums to spot index prices or other benchmarks.

Allegro also lets traders capture associated product quality data and other adjustment factors — all of which become instantly available to risk management, accounting and other team members. Automation, messaging, reporting and alarms enable teams across the enterprise to collaborate with unprecedented efficiency.

Integrated Allegro application modules value and settle trades, with drag-and-drop scheduling for transport by rail, pipe, truck, barge or ship with all associated data and documentation. Because virtually all functions and data are integrated, accounting personnel can automatically perform complex calculations such as netbacks and prior period adjustments, closing out each month on time with unprecedented accuracy.