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ABOUT BRADY PLC

Brady plc (BRY.L) is a leading global provider of trading and risk management software to the global commodity markets.

On a single platform 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, back office financials and treasury settlement, for refined and unrefined metals.

Brady has more than 20 years of expertise in the commodity markets with 60 customers worldwide, including some of the largest financial institutions and mining corporations that depend on Brady's software solutions to deliver vital business transactions across their global operations.

Brady's clients include many of the world's largest miners, refiners and producers, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members.

 

BRADY PLC - KEY DEVELOPMENTS

2009
  • Xstrata Copper choose Brady's raw materials module for Peru & Chile
  • Sebastian Esposito appointed Head of Sales, Americas
  • Standard Bank Go Live with Brady for Trading and Risk Management including new LME SMART Interface
  • Toyota Tsusho Metals Go Live with Brady for Trading and Risk Management
  • Robert Brady moves to Non-Exec Role
  • LME Specialist, Bob Watson joins Brady to head up LME Operations and Development
  • Xstrata Copper choose Brady's Raw Materials Module
  • Xstrata Copper Go Live with Brady's Risk Management
  • Brady opens Asia Pacific Office in Singapore
  • Brady aquires Commodities Software (UK) Ltd, known as Comsoft
2008
  • Toyota Tsusho metals chooses Brady for hedging & risk management on LME
  • AMC choose Brady for trading risk management
  • Brady provides connectivity to LME Select
  • Asarco sign up for Brady's trading & risk solution
  • BGC signs with Brady for Commodity risk management
  • Prysmian Group chooses Brady for risk management
  • Xstrata Copper sign with Brady for global risk management
  • Brady opened London office
  • Brady Concentrates Module released
2007
  • Gavin Lavelle appointed as Chief Executive Officer
  • Paul Fullagar appointed as Chairman 
  • Novelis Inc begins implementation of Trinity
2006
  • Top copper producer selects Trinity. Large freight trading company selects Opval. European metals trading company selects Trinity.
  • Leading U.S. investment bank chooses Trinity for global precious metals trading, and one of world's largest recycler of metal products and manufacturer of rolled products selects Trinity.
2005
  • Trinity V600 released with important enhancements including retrospective functionality, Auto FX, P/L attribution, enhanced communications engine.
  • Open Standards Agreement with Commodities Software (UK) Ltd's Aquarius solution. Brady plc acquires Tradesoft BV and its AllTrade solution.
2004
  • Brady successfully lists on AIM of the London Stock Exchange increasing market capitalisation ten fold.
  • New functionality announced in V600 includes retrospective capability, P&L attribution, on general release July 2005.
  • Gerald Metals, HSBC and Alcan all choose Trinity. Brady plc acquires Colplan Systems Ltd and its Opval solution.
2003
  • Commonwealth Bank of Australia choose Trinity.
  • Third party models interface. Further work on physicals includes summary invoicing; rent agreements, alumina, unallocated stock pools.
2002 Developed new physicals functionality with Koch Metals. This includes physical trade types, stock movements, secondary and pass through costs, advances, draft, provisional and final invoices.
2001
  • Trafigura chooses Brady for trading operation. Investec London chooses Trinity for metals, and FX.
  • New pricing module includes min-max options and development of commodity swaps for Energy Derivatives.
2000
  • Koch Metals become the third London site for Metals.
  • Major Back Office enhancements, including using Trinity as multi-entity product; interfacing with the LCH for LME products; margining to include SPAN; production of regulatory reporting, and the development of Warrant processing with related invoicing take place.
  • CIMB sponsored significant treasury developments including Nostro's, Cash Management and SSI's.
1998 Standard Bank London chooses Brady and expands the use of pricing exotic metals instruments within Trinity.
1997 NM Rothschild becomes first user of Trinity Commodity Desk module developed for bullion.
1989 NM Rothschild purchases Brady's interest rates derivatives pricing and risk management system to support trading in swaps and options on interest rate products.
1987 New customers included Rudolf Wolff, Brandeis and Lehman Bros.
1985 Midland Bank requests development of pricing algorithms for FX options and becomes Brady's first client.

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