DALLAS – Allegro Development, a provider of energy trading and risk management (ETRM) systems, has released Credit Connect 8.1, a new component of the Allegro 8 platform that provides real-time access to credit and financial data, including credit ratings, company financials, credit metrics, market implied ratings, credit default swap (CDS) pricing, and other key credit data for portfolio analysis.
Allegro’s Credit Connect 8.1 automates the import of credit rating data, fundamental data, and business entity information from Interactive Data Corp. Risk managers can monitor up-to-date collateral, margin, and liquidity requirements, access Moody’s, S&P and Fitch ratings data, and construct credit risk scoring models.
Credit Connect works with Allegro’s Credit 8.1, which allows firms to evaluate and manage current and future exposure between counterparties. Allegro’s credit components are fully integrated with more than 30 business components in Allegro 8 for trading, risk management, operations, logistics, optimization, systems integration, and accounting.
Source: Allegro Development Corp.