27th March 2015, London:Brady plc (BRY.L), the leading global provider of trading, risk management and settlement solutions to the energy, commodities and recycling sectors, announced today the launch of its fully integrated trading and risk management solution to support companies trading refined metals, concentrates and derivatives.
The Brady solution provides companies with unrivalled CTRM functionality in a single platform. For both refined and unrefined metals and concentrates, companies can now manage their global trading activities spanning the complete life-cycle of the trade. This provides total transparency and accuracy for their trading and risk management operations from order entry to final settlement. It also provides unequalled depth of hedging and risk management functionality.
Functionality includes supporting the management, administration and tracking of all short term and medium/long term frame contracts for raw materials, bi-products, bullion, scrap, refined and precious metals, bench marks and bricks through:
o Contract PnL and hedge linkage
o Risk analytics
o Assay exchange
o User-customisable pricing rules
o Shipping reporting and position keeping
o Blending, tolling and inventory
A key requirement for many companies handling refined metals and concentrates is to have a single solution to manage both physical and derivatives businesses. Brady offers a single integrated refined and raw materials single platform, enabling companies to have an extremely efficient, streamlined operation across the trading lifecycle. It gives full access to the hedging and risk management functions of Brady, providing a complete high performance trading, risk, logistics and accounting platform, with global accessibility across the organisation.
Gavin Lavelle, CEO of Brady plccommented: "I am delighted by the interest shown already in our latest market offering. We already have some key names on board that are partnering with us to bring a world class solution to the market. Companies have the need for rapid access to accurate and consistent information, allowing users to make informed decisions, improve productivity and profitability, minimise costs, control risks and offer a complete trading service to meet their customers’ needs. We are aware that customers have choices in their solution providers and I firmly believe that the market’s continued reliance on Brady is testament to Brady’s independently validated reputation as the number one global provider of trading and risk management solutions for the metals industry. Our domain expertise, flexible approach and technology, including the option to deploy in the Brady Cloud, as well as consistently delivering on our commitments to customers, is why metals and raw materials companies partner with Brady.” Continuing he added, “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, achieved over 30 years serving this sector.”
The Brady team will be available during this year’s CESCO Week at CRU’s International Copper Conference in Santiago to discuss the solution in more detail. To arrange an appointment either in Chile or in your office, please send an email to: email@example.com.
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Editorial contact for Brady
Rebecca Sanders Hewett/David Ison/Charlie Geller
Tel: +44 (0) 20 7382 4730
Notes to Editors
About Brady plc
Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity, recycling 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, back office financials and treasury settlement, for energy, refined and unrefined metals, scrap and secondary metals, soft commodities and agricultural products.
Brady has 30 years’ expertise in the commodity markets with over 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, scrap processors, recyclers and producers, 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
- 20 new contract wins
- Revenues up 13%
- EBITDA up 80% to £6.3m
- 32% of revenues now come from outside of Europe
- Over 100% growth in Cloud revenues
16th March 2015, London: Brady plc (
2nd February 2015, London:Brady plc (BRY.L), the leading supplier of trading and risk management solutions for commodities, recycling and energy, announced today that it will deliver its latest software solution to Aludium, which operates rolling mills in Spain and France. Brady’s software has been designed to meet the risk management objectives of metal fabricators, rolling mills and extruders. It is delivered as a dedicated cloud solution which guarantees the highest level of auditability and security, and can be deployed in less than two months.
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