Managing Automation :: Technology Solutions for Progressive Manufacturers Sign in or register  |  Advertise |  Subscribe to MA Magazine  | Newsletters |   My Profile

Industry News written by MA editorial staff

An Industry First for Metals and Commodities Trading Announced by Brady

Posted on Wednesday, January 23, 2008 7:45:32 AM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

Relevant Links:

    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.

    [Click to continue]