Allegro ETRM (Energy Trading and Risk Management) Software Review
April 08, 2023

Allegro ETRM (Energy Trading and Risk Management) Software Review

Ricky Lo | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Allegro ETRM (Energy Trading and Risk Management) Software

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
  • 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.

Do you think Allegro ETRM (Energy Trading and Risk Management) Software delivers good value for the price?

Yes

Are you happy with Allegro ETRM (Energy Trading and Risk Management) Software's feature set?

Yes

Did Allegro ETRM (Energy Trading and Risk Management) Software live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Allegro ETRM (Energy Trading and Risk Management) Software go as expected?

I wasn't involved with the implementation phase

Would you buy Allegro ETRM (Energy Trading and Risk Management) Software again?

Yes

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.