05 JULY 2013www.stockmarketwire.com
Brady wins contract with Rusal
Edited by : AL CIRCLE
1 min read
Rusal has contracted Brady Corporation, the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets, to manage its hedging book and risk management requirements for its aluminium sales.
Rusal's requirement was to source a solution that could manage all of the risk resulting from its aluminium sales and provide its regional risk managers with a complete picture of its risk exposure and financial position in one place.
On the new contract Brady chief executive Gavin Lavelle said,"Winning Rusal is an endorsement of our strategy to provide a specialist solution to the metals sector. We are delighted that Rusal recognizes this unprecedented market experience in the metals team at Brady and we are looking forward to assisting Rusal improve the efficiency of its hedging activities."
Rusal's requirement was to source a solution that could manage all of the risk resulting from its aluminium sales and provide its regional risk managers with a complete picture of its risk exposure and financial position in one place.
On the new contract Brady chief executive Gavin Lavelle said,"Winning Rusal is an endorsement of our strategy to provide a specialist solution to the metals sector. We are delighted that Rusal recognizes this unprecedented market experience in the metals team at Brady and we are looking forward to assisting Rusal improve the efficiency of its hedging activities."
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