Danish state-owned energy company signs up to Allegro

Dong considered six prospective vendors before opting to use the Dallas-based company’s risk technology. The licensed software includes a number of Allegro v7 software components to support straight through processing for trading, risk management activities and accounting. Professional services firm Cap Gemini Ernst and Young assisted Dong in its search for a technology vendor.

“Dong aims to trade actively on all major North West European gas hubs during the next year, building up a fully

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