19th Jun 2013 07:00
19 June 2013
Brady plc ("Brady")
New Contract
Brady (BRY.L), the leading supplier of trading and risk management solutions for metals, recycling, energy and soft commodities, announced today that Swiss-based soft commodities trading company, Agrifert SA, has licensed Brady's Trading & Risk Management solution to handle its global soft commodities trading and risk requirements.
The Brady solution that was chosen will provide total transparency and accuracy of Agrifert's trading and risk management operations, from deal capture through to accounting. The solution enables individual physical trades to be viewed from any location, with associated detailed trading costs, including insurance, freight and warehousing, facilitating performance attribution analysis by trader.
Gavin Lavelle, CEO of Brady plc commented that, "We are delighted to welcome Agrifert to our growing customer base in the soft commodities trading space and are confident that we can certainly assist Agrifert in their operational risk limitation and empower them to address the highly volatile and complex aspects of the commodities supply chain in this increasingly competitive market."
For further information please contact:
Brady plc Gavin Lavelle, Chief Executive Officer Tony Ratcliffe, Finance Director | Telephone: +44(0)1223 479479 |
Cenkos Securities plc Ivonne Cantu / Camilla Hume Alex Aylen (Sales)
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Telephone: +44 (0)20 7397 8900 |
Redleaf Polhill Rebecca Sanders-Hewett / 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, back office financials and treasury settlement, for energy, refined, unrefined and scrap metals, soft commodities and agriculturals.
Brady has 25 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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