Allegro Adds Pivot IM Trading Data for Improved Information Quality, Workflow

John Eley, chief executive, Pivot

Pivot Inc., a provider of instant messaging-based trading, liquidity management and price discovery tools, has integrated its Pivot 360 collaboration and price extraction platform with the Trade Connect trading and risk management platform from Dallas-based energy software vendor Allegro Development to improve data quality and workflow for Allegro’s clients.

Pivot’s IM Trader and Instant Markets applications capture free-flow messages from instant messaging conversations between trading counterp