Energy Risk Asia names ION Commodities as CTRM Software House of the Year, Recognizes ION Allegro

ION Commodities awarded 'CTRM Software House of the Year' due to Allegro's proven excellence in product innovation,customer satisfaction,and advanced analytics

SINGAPORE,Dec. 17,2019 --ION,the largest global provider of trading,analytics,and risk management solutions for commodities and treasury management,today announced ION Commodities has been named the winner of CTRM Software House of the Year for the 2019 Energy Risk Asia Awards on the strength of its ION Allegro offering. Energy Risk Asia selected Allegro based on its excellence and innovation in the Asian commodity and energy markets.

Allegro's enterprise CTRM software and advanced analytics empower companies that extract,process,market,trade,or consume commodities. The solution offers deep,integrated front,middle,and back-office functionality coupled with data-driven decision support so commodity companies can manage position visibility,risk,and controls,and meet regulatory compliance. Allegro allows its customers to make the best decisions and take total control over how their businesses grow both in Asia and around the world.

"Last year,Allegro's customer base in Asia grew threefold because of our dedication to meeting the unique business demands of the region. This award from Energy Risk Asia solidifies ION Commodities' role as the leading CTRM software provider that supports the complexities of commodity and energy trading in Asia," said Frank Brienzi,ION Commodities Chief Executive Officer. "ION Commodities is honored that Energy Risk Asia recognized our company's dedication to providing solutions that transform our clients' businesses and industries for the better."

Industry analysts and pundits clearly recognize Allegro as a leading ETRM and CTRM solution. In addition to this award,Energy Risk named Allegro the 2019 CTRM Software House of the Year for the Americas and EMEA. Additionally,World Finance named Allegro Best CTRM Solution for 2018. World Finance noted Allegro's analytics capabilities,product innovation,and customer satisfaction as key criteria in its selection process.

About ION Group

ION provides mission-critical trading and workflow automation software solutions to financial institutions,central banks,governments,and corporates. For more information,visit www.iongroup.com.

All product and company names herein may be trademarks of their registered owners.