2nd Sep 2010 07:00
For immediate release 2 September 2010
Brady plc
("Brady")
New Contract Win
Brady, the leading global supplier of trading, risk management and settlement solutions to the metals and commodities sectors, is pleased to announce that they have been selected as the partner-of-choice by a global business specialising in the processing, manufacture and supply of aluminium-based products. Brady's integrated, end-to-end solution-set will be implemented, on a hosted basis, to provide the full range of risk management and administration capabilities to replace the spreadsheet-based systems, providing the benefit of streamlined administration as well as increased compliance efficiencies for IFRS accounting requirements
Gavin Lavelle, CEO of Brady, said, "This has been an excellent opportunity for us to showcase the comprehensive abilities of the Brady solution. This is an important deal for us, particularly due to the global reach of the client, as they have opted for the full suite of risk management implementation, on a hosted basis."
For further information please contact:
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Brady plc Gavin Lavelle, Chief Executive Officer Tony Ratcliffe, Finance Director |
Telephone: +44(0)1223 479479 |
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Cenkos Securities Limited Ivonne Cantu / Alex Aylen
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Telephone: +44 (0)20 7397 8900 |
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Buchanan Communications Tim Thompson / Nicola Cronk |
Telephone: +44 (0)20 7466 5000
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About Brady
Brady plc (BRY.L) is a leading global provider of trading and risk management software to the global commodity 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 refined, unrefined metals, softs and energy. Brady has more than 20 years of expertise in the commodity markets with over 100 customers worldwide, including some of the largest financial institutions, producers and mining corporations that 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. For further information visit: www.bradyplc.com
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