Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Elektro Energija Selects Allegro Energy Trading and Risk Management

Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today that Elektro Energija selected the Allegro 8 platform to manage its power trading operations. Elektro Energija required a fully integrated system to support the company’s growth plan by streamlining and automating business processes, including deal capture, confirmations, scheduling, settlement, accounting, position and risk management.

Elektro Energija is the biggest state-owned Slovenian utility, managing a portfolio of almost 300,000 consumers. Elektro Energija’s wholesale business unit trades electricity in Slovenia, Austria, Germany and some South Eastern Europe countries. Their business of regional power trading requires cross-border movements, including communication with various TSOs and Market Operators.

“Our main objective was to find a system that would support our future development in wholesale trading, automate our business processes, and improve position management and decision making,” said Elektro Energija´s general director, Gregor Božič, MSc. “Allegro 8 offers the strong functional support for position and risk management and enables a firm basis for effective cross-border power trading and efficient communication with national TSOs.”

Elektro Energija has completed the first of three phases of the software implementation and is currently leveraging Allegro’s solution to manage trade entry (tradebook), general agreement management, confirmation creation, price entry and portfolio management & risk management.

Allegro will help Elektro Energija meet their business goals, including:

  • Ability to quickly and accurately capture power trades and to manage those trades including complex pricing, confirmations, settlement and invoicing;
  • Optimal decision making with Mark-to-Market (MtM), Profit & Loss (P&L), attribution and market exposure reporting;
  • Streamlined scheduling activities with customizable reports, support for TSO nomination formats and cross-border trading;
  • Ability to mitigate credit risk with collateral management, counterparty exposure monitoring and advanced credit analytics;
  • Security and access controls with the ability to set position limits, create role-based user profiling and maintain audit trails; and
  • Extensibility to support integration and future software projects.

About Allegro

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 28 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

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
Internet of @ThingsExpo announced today a limited time free "Expo Plus" registration option. On site registration price of $600 will be set to 'free' for delegates who register during this period. To take advantage of this opportunity, attendees can use the coupon code "IoTAugust...
Whether you're a startup or a 100 year old enterprise, the Internet of Things offers a variety of new capabilities for your business. IoT style solutions can help you get closer your customers, launch new product lines and take over an industry. Some companies are dipping their t...
The devil made him do it. Or maybe it's that the devil is in the details for Matt Olander, Chief Science Officer of iXsystems and a long-time contributor to FreeBSD. A red devil icon plays a prominent role in this NAS storage company's branding and image, which is open souce “in...
The industry is heated with debates on whether adopting private or public cloud is the smartest, best, cheapest, you name it choice. But this debate is missing the mark. Businesses shouldn’t be discussing public vs. private, but rather how can they make the two work together to t...
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at Internet of @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, will show you ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

OTTAWA, Canada, September 16, 2014 /PRNewswire/ --