|Ameren Illinois Selects Allegro Energy Trading and Risk Management|
Large U.S. Utility to Manage Natural Gas Operations with Allegro Software
DALLAS, June 11, 2012 - Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today that Ameren Illinois has selected the Allegro 8 platform to manage its natural gas operations. Ameren Illinois will replace its existing solution and disparate systems with a single, integrated platform to support process efficiency, trader productivity, risk management, and compliance.
Ameren Illinois is a subsidiary of Ameren Corporation. Ameren is 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 Illinois' third largest natural gas distribution operation in total number of customers.
“A number of factors set Allegro apart during the selection process, including the platform’s .NET architecture, component-based design, and Agile implementation methodology. The flexible technology supports our need for a phased deployment for our natural gas operations,” said Vonda Seckler, Managing Executive, Gas Supply for Ameren Illinois. “Allegro will help to improve data accuracy, eliminate many manual operations, and provide real-time market insight to enable faster decision making.”
With the Allegro 8 platform, Ameren Illinois will achieve the following business benefits:
About Ameren Illinois
Ameren Illinois delivers energy to 1.2 million electric and 813,000 natural gas customers in downstate Illinois, and our mission is to meet their energy needs in a safe, reliable, efficient and environmentally responsible manner. Our service area covers more than 1,200 communities and 43,700 square miles. For more information, visit www.AmerenIllinois.com
About Allegro Development
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 29 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.
For further information please contact Samantha Johnston at email@example.com or +220.127.116.1149.