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Brady CTRM selected by Traxys Group

First Published 11th November 2013

Traxys Group selects Brady for commodities trading and risk management

Gavin Lavelle, CEO, Brady plc

Gavin Lavelle, CEO, Brady plc

"Our solution is to provide an integrated CTRM system that meets our clients' complex and diverse needs."

London: Brady, the supplier of trading, risk management and settlement solutions to the metals, recycling, energy and softs sectors, has announced that Luxembourg- headquartered metals trading company, the Traxys Group has licensed Brady's Commodity Trading and Risk Management solution to handle its commodity trading and risk requirements for the marketing and sourcing of metals and minerals.

"Our solution is to provide an integrated CTRM system that meets our clients' complex and diverse needs, including the ability to manage in real-time all commodity transactions, both physical and financial, from trade capture to confirmation to invoice, including the associated physical logistics." commented Gavin Lavelle, CEO of Brady.

Continuing he said, "It is testimony to Brady's unparalleled competence in the metal trading space and the experience and the credibility of our staff in the market, that we are able to secure customer projects of this size and complexity. We are proud to welcome Traxys as a customer."

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