Allegro Announces Dodd-Frank Compliance Software for Energy Companies

Dallas, TX - 9 July 2012

Allegro Supports Current and Upcoming U.S. OTC Derivative Regulations

Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today the release of Allegro Derivative Regulation, a component of the Allegro 8 platform that supports Dodd Frank compliance processes for energy companies. Key functions include regulatory reporting, position limit monitoring, and data retention requirements for OTC derivatives under U. S. Dodd-Frank reforms, and will include support for European Market Infrastructure Regulations (EMIR) and other regulatory initiatives in the future.

Allegro Derivative Regulation is available as an integrated component of Allegro energy trading and risk management (ETRM) systems, or as a stand-alone software solution for companies with non-Allegro ETRM systems.

“Allegro is committed to ensuring that all energy market participants can achieve accurate, cost effective, and timely compliance,” said Eldon Klaassen, Allegro CEO. “Derivative Regulation will allow customers to quickly implement the business processes required to mitigate their compliance risk. Energy companies face an urgency to act, since new requirements may go into effect as soon as the next 60 to 90 days. This new component will help energy firms rapidly achieve compliance readiness.”

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