Software delivers end-to-end risk management.
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Press Release Summary:
Addressing metals and commodities tracking, trading, and risk management, Trinity Concentrates provides producers (mining and smelter companies) and trading companies with integrated hedging and real-time consolidated risk position. Solution combines management of physical supply chain and market-based valuations as well as cash management requirements. Software also offers functionality for contract administration, invoice management, and profit/loss and position reporting.
Original Press Release:
An Industry First for Metals and Commodities Trading Announced by Brady
LONDON, January 16 -- Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals and commodities, has today announced the launch of Trinity Concentrates, a new, fully integrated commercial and risk management system. Trinity Concentrates is the first product to bring a complete end-to-end solution to these markets and integrate hedging and risk management.
For the first time it is possible to have a real-time consolidated risk position in a single system. By bringing together management of the physical supply chain and market-based valuations and cash management requirements, Trinity used in conjunction with Trinity Concentrates (Trinity Suite) enable organisations to progress from simply tracking contracts to managing their global commodities risk across the business, providing a consolidated metals book. This allows them to identify new opportunities, enhance profitability and manage risk better.
Trinity Concentrates is aimed at producers - mining and smelter companies - and trading companies. Trinity Suite offers a unique and complete set of tools required to handle the commercial (production) aspects and the risk management of refined product and concentrates. Most production and refining organisations manage their commodity activities manually, using spreadsheets and/or disparate (in-house) systems; using Trinity Concentrates will allow far more efficient tracking, trading and risk management, will significantly reduce support costs and eliminate compatibility issues. Trinity Concentrates offers a host of new functionality including extensive risk management, contract administration, complete invoice management, profit & loss and position reporting.
"We have invested a great deal of our time and knowledge into researching the requirements of our world-wide client base and the overall marketplace. Until now there has been no single solution for producers and trading companies that would allow them to manage their risk and all the commercial facets of their commodity trading activities. The Trinity Suite solves that problem, providing an efficient, cost-effective front-to back-office solution. It is great to be the first to market with such a groundbreaking product; I am delighted to be able to offer it to the commodity trading community," says Gavin Lavelle, CEO of Brady.
Trinity Suite is the complete solution for commodities trading and risk management. It also handles the associated foreign exchange and money market requirements in a single integrated application. Straight through processing (STP) is achieved by linking the front, middle and back office functions.
Trinity and Trinity Concentrates can be deployed as stand-alone products or as a suite.
Concentrates are the mined raw material prior to going through the complex process of refining, extracting and separating the metal content.
Brady plc (BRY.L) is a leading provider of trading and risk management software for global commodity markets. On a single platform Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement. Brady has more than 20 years of expertise in the commodity markets and over 800 users worldwide. Some of the largest financial institutions and mining corporations depend on Brady's solutions to deliver vital business transactions across their global operations.
Trinity is Brady's leading risk management and trading solution for treasuries. It delivers straight through processing from front to back office, including deal capture, decision support, and data management; producers can manage the complete physical material management cycle. Opval is Brady's front office trading tool providing options pricing and risk management for commodity markets. Visit: www.bradyplc.com
Contact: Alla Lapidus, Moonlight Media, Tel: +44(0)207-250-4770, Email: alla@moonlightmedia.co.u
