Allegro ETRM (Energy Trading and Risk Management) Software vs. Binance

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Allegro ETRM (Energy Trading and Risk Management) Software
Score 8.0 out of 10
N/A
Allegro ETRM (Energy Trading and Risk Management) Software provides a commodity trading solution.N/A
Binance
Score 8.4 out of 10
N/A
Binance is a global blockchain and cryptocurrency infrastructure provider with a financial product suite that boasts the largest digital asset exchange by volume.N/A
Pricing
Allegro ETRM (Energy Trading and Risk Management) SoftwareBinance
Editions & Modules
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Offerings
Pricing Offerings
Allegro ETRM (Energy Trading and Risk Management) SoftwareBinance
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Allegro ETRM (Energy Trading and Risk Management) SoftwareBinance
Top Pros

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Top Cons

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Best Alternatives
Allegro ETRM (Energy Trading and Risk Management) SoftwareBinance
Small Businesses
Coinbase
Coinbase
Score 8.0 out of 10
Coinbase
Coinbase
Score 8.0 out of 10
Medium-sized Companies
Coinbase
Coinbase
Score 8.0 out of 10
Coinbase
Coinbase
Score 8.0 out of 10
Enterprises

No answers on this topic

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Allegro ETRM (Energy Trading and Risk Management) SoftwareBinance
Likelihood to Recommend
8.0
(1 ratings)
8.1
(12 ratings)
User Testimonials
Allegro ETRM (Energy Trading and Risk Management) SoftwareBinance
Likelihood to Recommend
Allegro Development Corporation
Allegro ETRM (Energy Trading and Risk Management) Software is excellent for trade date entry and record keeping. It also links well to SQL and BI reports for Capital Power. The panes seem to be very customizable to a degree. It's not perfect, however, for Credit Management because there are too many different panes to entry details, resulting in multiple data field redundancies.
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Binance
If you are into crypto, it is definitely a platform that needs to be used for your business if you want to adapt to a modern-day solution. Especially with a lot of exchanges platform or crypto platforms around, I do think it's a good idea to find one that is highly regulated and well known in the industry. That's why Binance is a go too platform.
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Pros
Allegro Development Corporation
  • Act as Database
  • One location for all Credit Info for counterparties
  • Trade details lookup
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Binance
  • Has the best data, tables and choices of all platforms out there.
  • Best charges / prices with quick transfers of currency from fiat banks to Binance
  • Best selection of currencies
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Cons
Allegro Development Corporation
  • There are multiple panes for data entry, it will be nice if there was just a single pane
  • Allegro ETRM (Energy Trading and Risk Management) Software takes time to get use to as it's not very intuitive
  • Performance can be slow sometimes
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Binance
  • You have to login every time you use it due to security concerns.
  • The fees and charges are not clear sometimes
  • Make sure you go through the terms carefully before using any platform.
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Alternatives Considered
Allegro Development Corporation
I've used ROME, Openlink, and CRM before. Along with Allegro ETRM (Energy Trading and Risk Management) Software, they all have their strengths and weaknesses. Allegro ETRM (Energy Trading and Risk Management) Software has been the best for trade data, AR, and AP entries. ROME was more intuitive and is web-based making it more easily accessible. Overall, Allegro ETRM (Energy Trading and Risk Management) Software has been the most advanced ETRM I've worked with.
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Binance
We found that Binance has a better fee structure. We also found Binance to be much easier to use. I have a little bit of experience in the trading space, but it was essential to have an easy-to-use platform for inexperienced employees to use while keeping up with new technology.
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Return on Investment
Allegro Development Corporation
  • Efficiency improvements
  • Data record accuracy imporements
  • Trade risk management
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Binance
  • It gave good opportunity for investment which resulted in good ROI
  • It's better than Indian Exchanges as the manipulation is high there
  • It's the best platform to check the actual prices of coins as other applications nowadays are fluctuating in prices
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