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Brady plc, a supplier of trading- and risk-management solutions for metals, recycling, energy and soft commodities, reports that it has entered into a strategic partnership with CRisk Software, a provider of credit risk management solutions.
The partnership will provide greater functionality to Brady software, enabling customers to better manage their overall credit risk exposure, according to a Brady statement.
Brady’s trading- and risk-management solution allows “real-time pricing of a wide range of instruments by using arbitrage-free forward curves, volatility surfaces and index formulae,” Brady officials add.
CRisk offers 15 years of experience in “implementing credit risk solutions at many of the largest energy companies, assisting with mergers, margining functionality and other high profile projects,” according to Brady’s statement.
Patrik Egervall, Brady Energy’s CEO, called the partnership an “important step in our overall business strategy to further extend our presence throughout Europe.”
Need a Reprint?- Read More:
- Brady plc,
- CRisk Software,
- credit risk
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