14th Feb 2011 07:00
For Immediate Release 14 February 2011
New Contract
Brady plc (BRY.L), the leading global supplier of trading, risk management and settlement solutions to the metals, energy and softs sectors, is pleased to a announce that one of the world's largest rice miller and marketers has selected Brady's trading and risk management solutions to manage their Futures and Options trading, processing and margin management. This win is a significant milestone for Brady in providing trading and risk solutions to the North American softs and agri markets.
Gavin Lavelle, Brady CEO, commented: "With rice being the staple food for more than half the world's population we are delighted to welcome this new client. This is a major signing in North America since we significantly increased our coverage across the softs and agricultural classes and we look forward to going from strength to strength in this area."
For further information, please contact:
Brady plc Gavin Lavelle, Chief Executive Officer Tony Ratcliffe, Finance Director
| 01223 479479
|
Cenkos Securities plc Ivonne Cantu / Camilla Hume | 020 7397 8900
|
Buchanan Communications Tim Thompson / James Strong | 020 7466 5000 |
Brady plc (BRY.L) is a leading global provider of trading and risk management software to the worldwide 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, back office financials and treasury settlement, for energy, refined and unrefined metals, softs and agriculturals.
Brady has 25 years' expertise in the commodity markets with over 150 customers worldwide, including some of the largest financial institutions, producers and mining corporations which depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest miners, refiners and producers, trading companies, 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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