Allegro Development Corp., a provider of energy trading and risk management software has announced that Dragana Pilipovic has joined the company as director of quantitative analytics.
Pilipovic is a recognized authority on energy markets who specializes in implementing practical quantitative solutions to manage energy risk.
Pilipovic is the author of the book “Energy Risk: Valuing and Managing Energy Derivatives,” which explores risk management methodologies in the electricity, natural gas, heating and crude oil markets. A graduate of Harvard and Brown universities, Pilipovic brings more than 20 years of experience examining energy market behavior and fundamental risk drivers and developing trading and risk models to help organizations value assets and manage risk.
“One of Allegro’s most important objectives is to provide our customers with a competitive advantage in risk management, including market price exposure, liquidity exposure and counterparty exposure,” said Eldon Klaassen, Allegro CEO. “Dragana’s depth of knowledge in quantitative risk management is unsurpassed and widely respected in our industry. She is certain to provide huge value to Allegro customers on many levels. We are thrilled to have Dragana join the leadership team at Allegro.”
In her role at Allegro, Pilipovic will lead the development of option models, risk analytics and functionality for portfolio and asset optimization, as well as work to help customers optimize their use of Allegro’s analytics capabilities. She most recently was a partner at Risk Cultures Inc., and founder and president of SAVA Risk Management Corp.
Allegro is a global leader in energy trading and risk management solutions for power and gas utilities, refiners, producers, traders and commodity consumers. With more than 27 years of deep industry expertise, Allegro’s enterprise platform drives profitability and efficiency across front, middle and back offices while managing the complex logistics associated with physical commodities. Allegro provides customers with agile solutions to manage risk across gas, power, coal, crude, petroleum, agricultural, emissions and other commodity markets, allowing decision-makers to hedge and execute with confidence. Headquartered in Dallas, Allegro has offices in Calgary, Alberta; Houston; London; Singapore; and Zurich, along with a global network of partners.