Issue
The client is a wholesale power and natural gas trading operation replacing two internally built trade-entry systems.
Two home-grown deal-entry systems, integrated with SunGard's Aligne, had to be replaced due to technical obsolescence:
- The client chose Allegro for deal entry, interfaced to Aligne for risk management.
- The internally built systems limited the business's ability to grow.
- The replacement had to preserve risk management while modernizing deal capture.
Solution
Our consultant paired Allegro for deal entry with Aligne for risk, primarily with out-of-the-box functionality:
- Gathered requirements and mapped to Allegro capabilities
- Designed and documented the Allegro-Aligne interfaces.
- Developed test cases and enhanced the credit workflow.
Result
Replacing the two internally built trade-entry systems gave the business room to grow on packaged software - the best of Allegro deal capture and Aligne risk management - while saving time and resource cost.
Key Takeaways
- Best-of-breed beats one-size-fits-all when the interfaces are disciplined. Pairing Allegro for deal entry with Aligne for risk gave the client the strongest tool for each job - the value is in the mapped, tested integration between them, not in forcing one platform to do everything.
- Committing to out-of-the-box functionality is a cost-control decision. Minimizing customization while simplifying business processes let a single consultant cover requirements, interface mapping, testing, and credit workflow - a lean pattern any firm replacing home-grown trade entry can follow.
Ready to do the same?
Retiring home-grown trade-entry systems? MidDel pairs packaged deal capture with your existing risk platform through interfaces that actually hold. Let's scope it.
For more case studies highlighting our work, please go to: Current Case Studies
