24 Jun 2015 07:00
24th June 2015
Brady plc ("Brady")
New Contract
Brady is pleased to announce that a top tier multi-asset global trading house has selected Brady to support its global trading and risk management of their physical and derivatives operations. The significant contract win will see Brady provide software to support its refined metals and concentrates businesses in worldwide locations, across four continents.
Brady will deliver its latest generation of refined and concentrates trading software solutions, providing unrivalled CTRM functionality to the trading organisation. This allows companies to manage their global trading of commodities across the complete life-cycle of the trade.
Gavin Lavelle, CEO of Brady plc commented: "Following our long-standing relationship with the trading house it is a privilege that they have validated the evolution in our platform by selecting Brady as their chosen solution for the global trading and risk management across refined metal concentrates and derivatives. The evolution in our end to end CTRM solution for metals and concentrates is second to none and endorses Brady's leading reputation in this space".
For further information please contact:
Brady plc Gavin Lavelle, Chief Executive Officer Martin Thorneycroft, Chief Financial Officer | Telephone: +44(0)1223 479479 |
Cenkos Securities plc Ivonne Cantu / Oliver Baxendale (Sales)
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Telephone: +44 (0)20 7397 8900 |
Redleaf Polhill Charlie Geller / David Ison | Telephone: +44 (0)20 7382 4730
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About Brady
Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, to back office financials and treasury settlement for energy, refined, unrefined and scrap metals, soft commodities and agriculturals.
Brady has 30 years' expertise in the commodity markets with some 300 customers worldwide, who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, recycling companies, scrap processors, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.
For further information visit: www.bradyplc.com
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