Ameren Illinois Goes Live on Allegro Energy Trading and Risk Management
Large U.S. Utility Manages Gas Operations with Allegro 8
Dallas, TX, April 9, 2013 - Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced that Ameren Illinois is managing natural gas operations on Allegro 8.
Ameren Illinois is a subsidiary of Ameren Corporation, a Fortune 500 company headquartered in St. Louis that provides energy services in Missouri and Illinois. Ameren provides energy services to approximately 2.4 million electric customers and more than 900,000 natural gas customers across its 64,000-square-mile service territory. Ameren Missouri ranks as the largest electric power provider in Missouri. Ameren Illinois ranks as the state’s third largest natural gas distributor in total number of customers.
Ameren Illinois initially purchased Allegro to replace an existing solution and a variety of disparate systems with an integrated platform that communicated across business lines, geographies and departments for a holistic view of the business. Leveraging Allegro, Ameren Illinois will have capability to:
- Enforce tighter controls and ensure compliance with regulatory mandates;
- Operate more efficiently through automated processes, eliminating manual data entry; and
- Change with the evolving business environment to accommodate growth.
Allegro is a global leader in energy trading & risk management solutions for power and gas utilities, refiners, producers, traders, and commodity consumers. With more than 27 years of deep industry expertise, Allegro’s enterprise platform drives profitability and efficiency across front, middle, and back offices, while managing the complex logistics associated with physical commodities. Allegro provides customers with agile solutions to manage risk across natural gas, power, coal, crude oil, petroleum products, emissions, and other commodity markets, allowing decision makers to hedge and execute with confidence. Headquartered in Dallas, Texas, Allegro has offices in Calgary, Houston, London, Singapore, Sydney and Zurich, along with a global network of partners. www.allegrodev.com.
For More Information Contact
Allegro Development Corporation