"The addition of the Allegro trading platform allows us to more efficiently and effectively quantify our risk in the various markets throughout our portfolio."

Stream Energy

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:

  • Integration across departments and geographies
  • Improved trader productivity with elimination of manual tasks and simplified trade entry to allow traders more time to analyze the market and develop trade strategies
  • Optimal decision making with consistent data across the enterprise and transparency into physical and financial positions
  • Support for efficient regulatory compliance with audit trails, accurate documentation of all activities, and simplified report generation for adherence to internal and external policies
  • Ability to support company growth with a platform that can scale and adapt as business needs change.

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 media@allegrodev.com or +1.214.237.8149.

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