Allegro CEO Interview in World Finance Magazine

World Finance MagazineToday, commodity markets are experiencing unprecedented uncertainty. Geopolitical factors such as trade wars, ongoing Brexit implications, and conflict in the Middle East are all driving price volatility. The world has been experiencing more devastating natural disasters than ever before, causing unexpected outages and downtime. New energy sources such as wind and solar, while necessary for reducing carbon emissions, are fueling tighter regulations. Global energy demand — especially for LNG and NGLs — has drastically increased and will continue to do so with countries like China importing growing volumes of gas to support cleaner fuel and cleaner-air policies.

With recent trends in digitalization, such as the Internet of Things (IoT) and Industry 4.0, the way market participants are responding to uncertainty is changing as well. From business process automation to enhanced connectivity in manufacturing technologies to advanced analytics, commodity businesses must think differently about how they manage their portfolios if they want to ensure future success.

As John Chambers, former Executive Chairman at Cisco Systems, once said, “At least 40 percent of all businesses will die in the next 10 years if they don’t figure out how to change their entire company to accommodate new technologies.”

World Finance recently interviewed Frank Brienzi, CEO of Allegro Development, to get his perspective on how this increase in market volatility, complexity, and risk is affecting commodity markets, as well as learn about the latest innovations in commodity trading and risk management (CTRM Software). Click here to read the full interview.

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