30th Jun 2011 07:00
30 June 2011
Brady plc ("Brady")
New Contract
Brady plc (BRY.L), the leading supplier of trading and risk management solutions for the metals, energy and soft commodities markets, is pleased to announce that Global Commodities International Fund has selected Brady's trading and risk management solutions to manage its futures and options trading for base metals.
Global International Commodities will implement Brady at its headquarters in Los Angeles, California and Monaco and will be made available remotely to provide access anywhere. After evaluating several potential suppliers, the Fund selected Brady for its strong options pricing, risk management and volatilities management capability. The win is another significant milestone for Brady in the Alternative Investment space, further strengthening Brady's reputation as the platform of choice for companies involved in base metals. It is expected this deal will broaden client interest in the Americas.
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
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Telephone: +44 (0)20 7397 8900 |
Redleaf Polhill Samantha Robbins | Telephone: +44 (0)20 7566 6720
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About Brady
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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