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*Brady voted number one in metal trading software market for 11th year by Commodity Technology Advisory
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Since going private earlier this year, Brady has seen total sales bookings rise 93% year-on-year and annualised recurring revenue bookings grow threefold compared to 2019. Non-recurring bookings have also increased by nearly 60% and 100% of major customers have renewed year-to-date.
Brady has also appointed several industry veterans in 2020, as the organisation continues to optimise its options for risk management in the metals trading sector. These include the appointment of
The company, which was acquired by
Brady provides trading and risk management software for the Commodity and Energy markets covering the entire trading operation from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined metals, soft commodities, agricultural products, power and gas.
Based on the results of Commodity Technology Advisory's biannual Vendor Perceptions survey, Brady has been voted number one in metals trading software solutions for the 11th consecutive year. "According to the global CTRM Vendor Perception and Analysis, Brady has been seen as the market leader in the metals market by the industry consistently since the biennial study's inception in 2009," said Dr.
A global provider, Brady has also recently increased localised support in the Nordic region, by expanding local customer support teams.
The company has seen a recent boom in the popularity of its services, as well as its new cloud-based offering. Brady is looking to leverage its range of products and industry know-how into new initiatives responding to new market dynamics. Throughout the 'lockdown' period, Brady extended trading capabilities for companies across the globe.
CEO
ENDS
About Brady
Brady is a leading provider of software solutions for global energy and commodity trading. We offer a choice of trading and risk management applications designed to help producers, consumers, financial organisations and trading companies manage all of their commodity transactions in an integrated solution - including pre-deal analysis, trade capture, risk management, foreign exchange, credit risk, logistics, cash management, physical operations, back office financials and treasury settlement.
Brady has more than 30 years of expertise in the commodity markets with customers worldwide depending on our software solutions to manage risk and deliver vital business transactions across their global operations. Our expert market knowledge, professionalism and proven problem-solving abilities enable us to understand the challenges our clients face and develop tailored solutions that consistently meet and exceed their needs.
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Source: RealWire
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