Agricultural marketer to license Brady solution

24th Oct 2013 09:22

Brady, which supplies trading and risk management solutions for metals, recycling, energy and soft commodities, announced Thursday that its Trading & Risk Management solution has been licensed by Swiss-based international marketer of agricultural products, MAG Commodities. The solution will be used by MAG to handle its global agricultural trading and risk requirements to provide total transparency and accuracy of the firm's trading, logistics 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 the Commercial Teams, Brady explained. The group's Chief Executive Officer, Gavin Lavelle, said: "We are delighted to welcome MAG Commodities to our rapidly growing customer base in the agricultural trading space."NR