Allegro ETRM (Energy Trading and Risk Management) Software Review
Rating: 8 out of 10
April 08, 2023
RL
Vetted Review
Verified User
6 years of experience
I use Allegro ETRM (Energy Trading and Risk Management) Software mainly for Credit Risk Management. Allegro ETRM (Energy Trading and Risk Management) Software is our central database to store information on our counterparties, such as credit limits allocated to each agreement, internal approval ratings, ratings from S&P, ratings from Moodys, and ratings from DBRS. I also use Allegro ETRM (Energy Trading and Risk Management) Software to look up details of trades we've done with a counterparty.
- Act as Database
- One location for all Credit Info for counterparties
- Trade details lookup
Cons
- 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
- Trade Detail Entry
- Credit Management
- AR and AP management
- Efficiency improvements
- Data record accuracy imporements
- Trade risk management
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.