8th January 2016, London: Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals, recycling, energy and soft commodities, announced today that Zopco SA, headquartered in Geneva, Switzerland, has selected Brady’s Cloud solution to manage the entirety of its physical trading and risk requirements for its metals and concentrates trading business with fully integrated accounting functionality.
Zopco is a privately owned trading company founded in 2015 by metals veterans Tristan Busch and David Day, who were immediately joined by experienced staff in both Geneva and Johannesburg. The company focuses on non-ferrous metals and concentrates.
Brady’s Cloud CTRM was selected for its unique functional coverage of refined metals and concentrates/raw materials, along with the speed of deployment and the in-depth domain knowledge of the Brady team in both the physical metal and LME trading environments. The Brady solution will enable Zopco to manage its entire end-to-end physical and futures trading and the associated logistics requirements, whilst providing the necessary risk management tools. In addition, Zopco will use Brady’s integrated accounting solution for budgetary control and financial reporting purposes, effectively supporting its complete front to back office activities.
Tristan Busch, Founder and Managing Partner of Zopco said: “Having surveyed the market and the available solutions, coupled with our experience of using other trading platforms in previous companies, it was clear that Brady offered unrivalled and outstanding functionality to address our requirements. Brady’s Cloud solution will enable our business to make more informed and proactive decisions, streamline day-to-day operations and protect profits whilst at the same time providing the necessary platform for continuing growth. Implementation of the Brady solution extends our visibility into the full supply chain and enables us to make intelligent sourcing decisions to offer better value to our suppliers and customers”.
Continuing he said: “With the objective of growing our business in the future, the need to ensure effective control and management of our metals and concentrates end-to-end operations on a single platform is of paramount importance. Brady’s Cloud solution will offer us the flexibility to allow us to develop our business confidently and ensures scalability for our future requirements.”
Gavin Lavelle, CEO of Brady plc, commented: ”Brady has been independently acclaimed to be the leading provider of software solutions to the global metals market and we are delighted that Zopco has selected Brady to manage its trading and risk requirements, thus adding to our growing metals customer base. Brady’s trading solution offers Zopco a fully integrated solution to manage refined metals and concentrates on a single platform, while offering unique depth of functionality across the complete trade lifecycle, namely to address the specific complexities of raw materials. We are absolutely delighted to welcome Zopco to Brady’s customer base of more than 400 companies world-wide”.
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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 400 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 trading companies, miners, refiners and producers, financial institutions, and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members as well as many leading European energy generators, traders and consumers.
For further information visit: www.bradyplc.com
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About Zopco SA:
Established in 2015, Zopco SA is a private and independent physical trading company focusing on non-ferrous metals and concentrates, such as tin and copper. Initially the company will operate from two offices; trading activities are headquartered in Geneva and the Johannesburg office is responsible for the smooth operations and risk control for the materials sourced in Africa.
For further information visit:www.zopco.ch