A complex business requires modern, adaptable CTRM software
With the volatility in crude oil and natural gas prices, plus the demands surrounding exploration, feedstock-procurement and distribution, it's clear the world's integrated oil and gas companies have to manage tremendous commodity risk and complexity across their upstream, midstream and downstream operations. Each day, they deal with an extraordinary amount of data, and they face the logistical challenges of moving products from production to market, while simultaneously attempting to reduce operational costs.
They have options for how to oversee it all, but what's the best approach?
The Hidden Risk of Spreadsheets
Are spreadsheets best for risk management? Perhaps not always. A report from Allegro,
"The Hidden Risk of Spreadsheets," explains how CTRM software could be right for your business.
Trusted for Over 30 Years
If you’re an integrated oil and gas company, having a CTRM software partner you can trust is crucial. We know this, because we’ve spent more than three decades helping our customers with trading and commodity risk management through our software.
The choice of Allegro is the right one. With our commodities trading software, you’ll gain more control over your oil and gas business. However, before you can get started, you may need to present an informed use case to gain executive support for the implementation of a CTRM software system. We can give you that use case. When you decide on Allegro, you’ll be positioning your organization for the future of oil and gas management, today.
The Benefits of Allegro
Built for Integrated Oil & Gas Operations
Allegro's software allows for confident business management when times are calm and for responsiveness when they're less so. In the crude oil and natural gas realm, the environment can change quickly. Allegro will keep you ready. That's because it's a commodity risk management software system designed for the oil and gas markets of today - and in the future. For front, middle and back office teams, Allegro will have you prepared for commercial and operational success.
Our platform has extraordinary flexibility, and it can be deployed either on-site or in the cloud. Once the decision is made on which route to take, integrated oil and gas companies will have the ability to customize and extend the software as needed, owing to its configurability and open architecture. In-house or legacy systems simply can't compare with Allegro's extensibility.
What this means for customers who work with Allegro is they gain the ability to implement new functionality quickly, rather than having to wait on a software upgrade cycle. No matter where you are in the oil and gas enterprise, you'll find numerous benefits when you rely on Allegro for your CTRM needs - that applies to traders, risk managers, logistics managers, accountants and others throughout the company. Let us tell you more today.
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"[With] the legacy system we had prior to Allegro, we could not manage all our commodity risk properly. Our emissions and renewables portfolio was in spreadsheets, and a lot of the gas activities was not as detailed as what we have today from a logistics standpoint. We had probably 8 to 10 small, little applications around the core risk management system, and it wasn’t sufficient."
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"With increasing complexity in local power and gas markets, shifting regulations and volatile energy trading markets, we needed a strategic partnership to help us support and automate the process related to energy management."
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"Before Allegro, we operated primarily on spreadsheets. Using Allegro has really helped us to highlight and pinpoint certain areas where we can do better, for example, credit exposure. If I could describe Allegro, I would say it's scalable and innovative. It moves with our business."