HSBC has licensed UK-based Brady's integrated front-to-back office software, Trinity, to manage its base metals trading operations.
AIM-listed Brady supplies software for global commodity trading and associated FX and money market transactions.
The vendor says its Trinity platform supports front-to-back office processing of spot, futures, warrants, averages, location spreads, options and exotic options in base metals, precious metals, oil, soft commodities and associated FX and money market transactions.
David Ward, business development manager, Brady, says: "This is an important development for us. HSBC is an active participant in the base metals sector and their decision to proceed illustrates our strong capability in the marketplace."