Brady reports contract win

Source: Brady

Brady plc (BRY.L), the leading provider of trading, risk management and settlement solutions to the energy, metals and soft commodities sectors, is pleased to announce that a global securities and investment banking group, highly active in the exotic options market, has selected Brady's new structured product trading and risk management solution to support its market-making and risk management requirements.

Gavin Lavelle, CEO of Brady plc, commented: "I am delighted Brady has secured a further contract win in the investment banking sector. Exotic options and structured products are seeing a resurgence of interest in the commodity space. This significant contract win enables us to demonstrate our expertise in option modelling and further strengthens our offering in this field. This deal authenticates the view of ongoing growth in the commodity derivatives space and Brady is excited about this continued trend." 

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