Tsusho means trading in Japanese and TTM is the specialised, London based global futures and options metals trading arm of Toyota Motor Group which is also responsible for the company's global hedging requirements. The company is a (category 2) Associate Clearing member of the London Metal Exchange (LME) and a significant player in the global metals market. TTM's involvement in metals includes trading ferrous and non-ferrous metals as well as recovered material, including precious metals from "End of Life Vehicles" or ELVs, an area set to be of increasing importance as governments seek to increase levels of automotive recycling.

Lester Doman, Head of Risk and Compliance at Toyota Tsusho Metals Limited, says: "We chose Brady for the company's expertise in risk management and trading of metals as well as for its innovative product(s). I am looking forward to leveraging the benefits of the comprehensive risk management facilities combined with the enhanced communication flow between the trading, management and risk functions."

TTM's London operation provides the company's global hedging function; the implementation of Brady will give the trading team the latest trading and risk management capabilities including Enhanced Scenario Generation, Profit & Loss Attribution, Mark-to-Market valuation, Historical VaR, Back Testing and Advanced Charting.

Gavin Lavelle, CEO of Brady, said: "TTM's use of Brady for trading and high level risk management is an important opportunity for us as they are a major automotive producer with requirements for strategic long-term hedging. TTM is a complex business and they have chosen Brady to provide the solutions. Their choice is a strong endorsement of our technical abilities and our market knowledge."