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Allegro Development Announces Robust Enhancement to Pipeline Scheduling Software Functionality

Improves Efficiency and User Productivity by Automating and Simplifying the Scheduling of Liquid Energy Commodities Over Pipelines

DALLAS, TX, July 20, 2009 – Allegro, the leading provider of energy trading and risk management (ETRM) solutions, has announced the release of Pipeline 8.1, a significant enhancement within the Allegro 8 platform that automates and simplifies pipeline scheduling for liquid commodities. This functionality enables schedulers to create, store and schedule pre-defined pipeline routes and plans while capturing all associated gathering fees for each shipment.

The business processes surrounding pipeline scheduling and management are complex due to multiple pipeline carriers, commodity types and fees. Schedulers often spend a great deal of time and effort creating pipeline routes and schedules and gathering fee information on shipments, such as tariffs, truck unloading fees and viscosity surcharges on wellhead property shipments. Allegro’s Pipeline 8.1 reduces operational workload to:

  • Create and store frequently used pipeline shipment routes consisting of multiple pipeline segments along with product to be carried, carrier servicing the route, and the origin and destination locations
  • Create and store pre-defined pipeline shipment plans for frequently used shipment profiles
  • Automate shipments by applying pre-defined shipment plans to pre-defined pipeline routes
  • Automate the time-consuming and error-prone processes surrounding capturing tariffs, fees and surcharges

Allegro’s Pipeline 8.1 functionality alleviates the challenges associated with routing liquids over pipelines by improving scheduling efficiency and user productivity.

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 27 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 Christie Lindstrom at media@allegrodev.com or +1.214.237.8117.

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