London, 15 August 2011

Brady plc announces that the hedge fund, Global Capital Commodities Ltd., has selected Brady’s trading and risk management solutions to manage derivatives trading and risk for base metals, precious metals, and energy. Brady’s solution will be implemented at its headquarters in Los Angeles, California and Monaco and the solution will be made available remotely, providing access from anywhere.

After evaluating several potential suppliers, the hedge fund selected Brady for its strong options pricing, risk management and volatilities management capability.

Brady is a leading supplier of trading, risk management and settlement solutions to the industrial and precious metal, softs, agricultural and energy commodities sectors. This win is another significant milestone for Brady in the Alternative Investment space, further strengthening Brady’s reputation as the platform of choice for companies involved in base metals trading and it is anticipated this deal will broaden client interest in the Americas.

Marc Aron, Principal of Global Capital Commodities Ltd., commented: “We were looking for a solution which would provide best-of-breed capability to price, monitor and risk manage our positions and which could be quickly implemented to meet our aggressive time constraints.  The Brady solution offers all the features needed to price and manage our base metals trading, full coverage of LME-traded metals, as well as other non-ferrous metal products.  It also offers all the tools required to manage volatility, price curves and derivatives from wherever we are.”  He added: “After researching the competition, we selected Brady owing to the depth of industry expertise shown by their team coupled with the product’s functionality which met all our requirements. Brady’s solution will allow us to take advantage of the volatile commodity environment.”

Gavin Lavelle, CEO of Brady, noted: “With global commodity prices becoming increasingly volatile and highly complex and compliance and regulation requirements becoming stringent market drivers, it is imperative our team continues to stay ahead of the game in order to meet market requirements. We are delighted that time and again customers are reassured by our market knowledge and solution skills. A smooth and speedy implementation, complemented by good training, is a fundamental requirement for any project and we are delighted when customers recognise this.”

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