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  1. Home
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  3. Allegro
Logo of Allegro

Allegro

byION
in Energy Trading and Risk Management
4.5

Overview

Product Information on Allegro

Updated 13th October 2025

What is Allegro?

Allegro is a software designed to support commodity trading and risk management processes for companies operating in energy and commodity markets. The software offers solutions for transaction capture, risk assessment, scheduling, and logistics, along with features for managing financial positions and compliance with regulatory requirements. Allegro enables organizations to track and value physical and financial trades across multiple commodities and geographies, helping to manage market, credit, and operational risks. The software provides tools for reporting, analysis, and audit, supporting decision-making throughout the trade lifecycle and aiming to address challenges associated with market volatility and regulatory compliance.

Allegro Pricing

Allegro software follows a subscription-based pricing model, offering access to its risk management and commodity trading functionalities for a recurring fee. The software's pricing structure varies depending on factors such as selected modules, number of users, and level of customization or integration required. Pricing is typically determined through direct consultation and quotation based on organizational needs and scale.

Overall experience with Allegro

DIRECTOR
3B - 10B USD, Services (non-Government)
FAVORABLE

“Allegro is a comprehensive and scalable ETRM platform”

5.0
May 29, 2023
Allegro has improved our trading and risk management operations. While there is a learning curve for new users, the platofrm's functionalities, scalability, and support allowed us to optimized our processes and work more effectively.
There are no reviews in this category.
CRITICAL

About Company

Company Description

Updated 7th December 2023

The company focuses on the development and distribution of mission-essential trading and workflow automation software targeting financial institutions, corporations, central banks, and governments. The key business problem addressed by the company is improving decision-making and simplifying complex processes, ultimately enabling the user sectors to enhance efficiency and productivity. The company is additionally engaged in research and development to pioneer automation advancements, thereby assisting business transformations. Collaborative growth with an inclination towards continuous enhancement frames its operational foundation.

Company Details

Updated 26th February 2025
Company type
Private
Year Founded
1998
Head office location
London, United Kingdom
Number of employees
10001+
Website
https://on.iongroup.com/3QN0vLD

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: Allegro
Performance of Allegro Across Market Features

Allegro Likes & Dislikes

Like

Comprehensive functionalities, scalability, support and integration capabilities

Like

# The cloud is secure and comes bundled with upto date security stack # The UI lets you run real time tests to analyse trades # Great customer service experience

Like

1. Allegro provides a comprehensive set of functions such as trading, risk analysis, logistics, accounting and more, which enables us to run our activities more efficiently and effectively. 2. It also offers customization possibilities which allow us to customize the system to our individual needs and workflows. 3. Another important feature is that it offers a strong data management feature that enables us to acquire, store and analyse huge amount of data related to our usage.

Dislike

The learning curve, customization complexity, user interface could be more modern and intuitive

Dislike

nothing at all

Dislike

1. It is difficult to setup and install this product, which takes a huge amount of time and efforts. 2. Cost is too high in terms of licensing, installation and maintenance. 3. Integration with other systems and data sources may necessitate further development or modification, which is again time consuming and difficult.

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Peer Discussions

Allegro Reviews and Ratings

4.5

(4 Ratings)

Rating Distribution

5 Star
50%
4 Star
50%
3 Star
0%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

5.0

Integration & Deployment

3.7

Service & Support

4.5

Product Capabilities

4.3

Filter Reviews
Sort By:
Most helpful
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Reviewer's Company Size
Reviewer's Industry
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Reviewer's Job Function
  • DIRECTOR
    1B-10B USD
    Services (non-Government)
    Review Source

    Allegro is a comprehensive and scalable ETRM platform

    5.0
    May 29, 2023
    Allegro has improved our trading and risk management operations. While there is a learning curve for new users, the platofrm's functionalities, scalability, and support allowed us to optimized our processes and work more effectively.
  • NETWORK TECHNICIAN
    <50M USD
    IT Services
    Review Source

    Top Product for Energy Management

    5.0
    Apr 18, 2023
    # Helped us to automate our data between this solution and other external sources # Framework is common so can be incorporated with multiple functionalities # The reporting module provides us lot of insights about our risks
  • Technical manager
    <50M USD
    Software
    Review Source

    Honest Review on Allegro

    4.0
    Apr 6, 2023
    As an Allegro end user and Admin, I would like to share my thoughts on the product here
  • COMMUNICATIONS MANAGER
    <50M USD
    Telecommunication
    Review Source

    Best Solution to streamline to manage Utility operations

    4.0
    Apr 12, 2023
    This helps to make unify the business regarding commodities. This helped our business interms of providing utilities and renewables.
Showing Result 1-4 of 4

Recommended Gartner Research

  • Market Guide for Energy Trading and Risk Management

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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