4 Sep 2012 07:00
4 September 2012
Brady plc ("Brady")
New Contract
Brady, the leading global provider of trading, risk management and settlement solutions to the energy, metals and commodities sectors, announced today that Transamine, established in 1953 and headquartered in Geneva, one of the oldest independent and privately held commodity trading companies specialising in non-ferrous raw materials, as well as tin, cobalt, nickel, precious metals, related by-products and residues, has selected Brady to provide them with a single automated, centrally-managed robust solution that can be accessed from various locations, enabling several users efficient access to the fully integrated contract administration portal.
Gavin Lavelle, CEO of Brady said, "managing raw materials, that are far from homogenous and whose buyers have a wide range of requirements, is a complex and risky business. This coupled with recent price volatility, raw material shortages and mine production problems, complicates matters still further. Success in this volatile market depends on having the right tools to manage the contracts, simplify trading processes and proactively control a huge amount of data in a single solution. We are thrilled to welcome Transamine on board".
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 Rebecca Sanders-Hewett / David Ison | Telephone: +44 (0)20 7566 6720
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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 and unrefined metals, soft commodities and agriculturals.
Brady has 25 years' expertise in the commodity markets with over 250 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, 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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