Get the most out of your System

While performing Allegro Horizon Upgrade, energy companies look for an improvement in their existing business functions, system performance to enhance their business process – making it standardized and efficient.

With our more than a decade of experience in performing Allegro Upgrades and keeping our clients up to date with the ever changing technologies, moving to the .NET Core version of the technology can result in a significant performance improvement under the same hardware conditions around areas like processing of Position & Inventory Valuations, Settlements, and Credit.The latest package includes improved out-of-the-box business functions and offer immediate benefits to any existing Allegro user.

Value Creed have been a strong advocate and encourage our clients to use the latest version of the Allegro Horizon system packages to capitalize the maximum value from their trade and risk management business functions. With us providing technical support and guidance to our client’s internal teams, our clients can achieve maximum efficiency that is being offered by the Allegro Horizon Platform.

Benefits Of Upgrading to .NET Core

  • Middle office Managers can analyze same-day Position and P&L Reporting for Immediate Issue Identification, Pricing Visibility, and attributing P&L results to various buckets. Valuation Algorithms have been optimized for faster processing of Exchange-based Futures, Swaps, and Options resulting in significant performance improvements over previous versions.

    The real-time position valuations are more efficient in the recent version and is also easier to configure. Client’s may choose specific finalizers to enable or disable with Incremental Valuations, such as Valuation Summary, P&L Attribution and Open Inventory Calculations.
  • Accountants can achieve faster accounting close due to improved performance of batch jobs and a significant reduction in database contention by resolving any deadlock issues. Restructuring the financial-detail table further by splitting it into the transaction-detail table allows the system to do various data intensive operations like Sub-hourly Settlements while simultaneously improving the overall Settlement Process.
  • With the time series functionality available in the latest version, traders can add ad hoc volume-shaped trades and address the hourly pricing changes making it easier to create load shapes for short-term trades. In addition to the above benefit to traders, inbound trade interfaces can take advantage of this new functionality to capture the short-term shaped-deals in the system.
  • With the addition of modular Exchange connectivity extensions, the system provides additional flexibility to configure and model Exchange-based transactions in the system. As ICE introduces new symbols in the system, the enhanced functionality allows traders to default portfolio-specific fields like tradebook, and strategy more easily.
  • Risk, Credit, and Accountants can independently configure valuation modes for their respective functions thereby providing data separation and improved quality of data for their business function.
  • System Administrators can avoid potential performance issues from high CPU usage on the machines while performing jobs such as triggering messages, and creating documents and approvals by upgrading to the latest version of the software where the workflows are performed on the grid.
  • Accountants can easily configure and create Weekly Invoices within the system under the General Ledger parameters by properly valuing and settling transactions as per their business needs.
  • Power Energy Position report has been expanded to include both Physical Power and Financial Power transactions. The expanded reporting capability will allow the front office analysts to get consolidated real-time position reports thereby assisting in the trading decisions, and minimizing customizations.

Upgrading to Latest ETRM Version: Leveraging Value Creed’s Expertise

Interacting with External Interfaces

IFRS 9 treatment for Non-Own Use Commodity Contracts



Ready to Explore Upgrading Your CTRM?

Leverage a partner with best-in-class functional and technical expertise to manage and deploy your upgrade on time and on budget.

Top 6 Reasons for Upgrading Your CTRM Platform

Companies typically evaluate upgrading their CTRM software platforms when new or changing business priorities require them to adapt to markets, products, economic conditions, and business opportunities, or to comply with policies keeping them up to date on the latest software. 

At these inflection points, CIOs and their teams are tapped by executive leaders to drive new innovation in these platforms. This often start with an evaluation of their incumbent CTRM platform’s ability to deliver on these new priorities.

The decision to upgrade a CTRM platform is influenced by key functional concerns like:

Modeling new business requirements

Adapting to technologies such as Artificial Intelligence, Machine Learning, and Cloud

Automation of common tasks via Robotic Process Automation

Faster, more accurate reporting via performance improvements

Optimizing overall functionality to comply with market requirements

Reducing cost of ownership with cloud or hybrid cloud deployment

Key Benefits a CTRM Upgrade Can Deliver

Whether you’re implementing a light upgrade, with Value Creed providing technical support and guidance to internal teams, or a full upgrade where our experts handle everything, these three key values are crucial to keep front of mind.

Quantitative Benefits

Above all, companies assess the costs of a CTRM upgrade against the quantitative benefits of upgrading their commodity management software. By putting numbers to the project, managers have a better sense of what resources they’ll need, including:

Qualitative Benefits

CTRM improvements involve qualitative benefits that improve the overall function of their platform. The advantages companies gain from effective CTRM upgrades often reveal themselves over time.

Some of the qualitative benefits companies seek in their CTRM solutions include:

Commodity trading and risk management relies on getting the right data to the right teams—and keeping data out of the hands of bad actors. These qualitative improvements ensure that only the right people utilize said data.

Download the Net Present Value Calculator to Evaluate Your CTRM Upgrade Viability

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3 Keys to a Successful CTRM Upgrade

The decision to upgrade your CTRM requires high consideration, cross-functional buy in, diligent oversight and the right vendor partner to ensure flawless execution.  There are three keys to consider as you select the right partner. 

CTRM Upgrade Project Timelines

Choosing the right upgrade partner is paramount to staying on budget and delivering on time.

Careful Testing Of Platform Customizations

Diligent testing of custom workflows ensures extensions and class events have successful quality assurance.

Making The Right Choice In a CTRM Vendor

Seek a vendor with customer successes and a proven process for mitigating risks.

Learn Key Lessons from Value Creed to Ensure CTRM Upgrade Success

Upgrading your CTRM platform is inevitable.  Listen to this video and learn how you can ensure success by addressing the risks with an informed perspective.  


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CTRM Upgrade Successes

At Value Creed, we’ve seen the impact a successful CTRM upgrade can have on service commodity companies. See the results for yourself in the following case studies.

Ready to Explore Upgrading Your CTRM?

Leverage a partner with best-in-class functional and technical expertise to manage and deploy your upgrade on time and on budget.

CTRM software systems become obsolete every time there is a change in technology, a new market regulation or amendment in the current structure. More complex trading and risk management strategies become the need of the hour to keep pace with your competitors, especially when you want to penetrate different markets and engage in multi commodities and expand your line of business. But before you think of a system upgrade, you should ask yourself the 3 W’s – Why, What and When before making any decision, as upgrading a large CTRM software system costs you somewhere between $1-2 million per the implementation specialists.

WHY Upgrade

  • When you want to take advantage of the changing technology (cloud based, big data or blockchain) and increase your performance and eventually ROI.

  • To get benefits from new user friendly features, bug fixes and automation of critical business process to save time and money.

  • To enjoy benefits of the services provided by the CTRM software system vendors and make your system more compatible with new enhancements.

  • To adhere to regulatory reforms and avoid any operational risks arising from non-compliance.

WHAT to Upgrade

  • Old versions – which may be no longer compatible with other, connected applications either in-house or out bound.

  • System performance – which may have been reduced due to increase in trading activities and large data flows in the system.

  • Processes – performed manually, but which are now automated and are available in the new version of the CTRM system software.

WHEN to Upgrade

  • When you want to diversify your commodity portfolio and enter new geographies or expand your line of business.

  • There is a change in regulations or a new regulation is introduced.

  • A new strategy or complex deal pricing mechanism needs to be embedded into the system.

  • Large amount of data needs to be integrated to profit in a world of shrinking margins.

  • Operational losses are increasing because of manual processing of some businesses – critical processes like mark to market valuations, trade validations, batch processing or EOD processing.

CTRM software systems are complex and it becomes necessary to follow the advice of expert commodity consultants and developers to drive you smoothly through system upgrades while you focus on your core business.

At Value Creed, we take pride in delivering successful system upgrades for our clients in commodity markets. With a team of highly skilled and professional consultants with a cumulative experience of 80 years, we provide expert functional and technical support in CTRM software system upgrades.

Considering a CTRM software system upgrade? Partner with us to know more about how we can help you achieve your business goal and targets, on time and well within budget.