Allegro for Natural Gas Liquids
As the demand for natural gas liquids continues to evolve, commodity executives, risk managers, finance officers and compliance professionals have to effectively manage their costs and mitigate their risk. Unfortunately, many of them may still be relying on outdated means of doing so, namely spreadsheets or legacy systems that were never designed to deal with the NGL market of today.
What they need instead is an advanced technology platform that's capable of simultaneously coping with supply and demand changes in the petrochemicals, heating or fuel markets, a raft of complex business requirements and a multitude of exposures, including price, currency, counterparty and credit risk. Allegro's commodity trading risk management system is such a platform.
With its capabilities for the front, middle and back office, Allegro is the ideal software solution for NGL customers, serving as a powerful and adaptable position visibility tool. With Allegro, today's NGL businesses will know they have an integrated and extensible solution that's designed to provide a complete portfolio overview, while at the same time improving productivity, compliance and profitability throughout the company. Spreadsheets simply aren't up to the task.
Built for NGL Professionals
Allegro's CTRM software offers users a comprehensive view of risk, credit, positions, trades and contracts, and it's available on-premises or in the cloud. In-house IT organizations will value the flexibility they'll have to tailor and extend Allegro easily thanks to its highly configurable, open architecture.
Importantly, Allegro integrates with existing natural gas and crude oil systems, painting a complete picture of overall operations and risk. That means everyone in the NGL management matrix can view the same information at the same time - traders, logistics managers and schedulers are using the same playbook, eliminating delays and improving transparency.
For example, Allegro customers can oversee scheduled batches with Electronic Bulletin Board (EBB)-like views, create detailed logistic plans and handle imbalances with confidence. But that's only part of the story. Allegro is made to work on behalf of the entire NGL organization.
The Benefits of Allegro
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NGL Trading
NGL Trading
Traders will find that, with Allegro, they can manage contracts from start to finish. Key benefits of Allegro include:
- Increased visibility for better decision-making
- Ability to execute effective hedging strategies
- Capture, control and confirmation of physical and financial trades
- Detailed position analysis and overview
NGL Logistics and Operations
NGL Logistics and Operations
Allegro includes inventory management, shipment costs and other logistics features so that customers can optimize storage and transportation. Benefits include:
- Full transparency into logistics operations, across geographies and transport modes, minimizing risk
- Daily, monthly or annual demand forecastsAbility to capture counterparty relationships and authorizations
- Built-in confirmation reports
- Details such as shipper accounts, points, zones, segments and orders
NGL Risk Management
NGL Risk Management
Detailed visibility into exposure is at the core of Allegro, and risk managers will appreciate what our product has to offer. Among the benefits are:
- Identifying and reducing shortage situations with limits and alerts
- Increased visibility
- Automated workflow management to reduce manual errors
NGL Accounting and Compliance
NGL Accounting and Compliance
With Allegro, accounting and compliance teams will find their lines of business easier to manage. Benefits of our software include:
- Greater visibility
- Streamlined transaction- and inventory-tracking
- Tracking and settlement of payables and receivables
- Automated settlement
Trusted for Over 30 Years
Having a trusted partner for your NGL business is critical. We know because we’ve spent more than 30 years working with our customers on improving their trading and risk management with our commodity management platform.
Making the move to Allegro's CTRM software will provide you with more control over your business and a more efficient way of operating. However, you may have to present a detailed use case to gain executive support. Reach out to us to learn more about how we can help you build such a case. We'll ensure that you position your company for the future of NGL management, today.
Industries We Serve
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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."
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"We are confident that with [Allegro], we can cover our current needs, but will also have the flexibility to extend our business into other areas in the mid to long term future.”
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"In the Allegro platform, we have found an innovative, sophisticated and adaptable system to meet our needs in the power trading market. Operational agility and risk management are of significant importance for Tokyo Gas and key to sustaining our competitive advantage. We're confident that, as our requirements change, Allegro will be capable of changing with us and extending our system as needed."
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