5th January 2016, London: Brady plc (BRY.L), the leading supplier of trading and risk management solutions for soft commodities, metals, recycling, and energy, announced today that Faircot SA, headquartered in Nyon, Switzerland, has selected Brady to manage the entirety of its physical trading and risk requirements for its cotton trading business, complete with fully integrated accounting functionality. Faircot is a privately owned Swiss company recently founded by some of the most experienced veterans of the cotton trading industry, having previously worked for renowned companies in the sector. The company will initially focus on sourcing cotton originating from Central Asia, Africa, Brazil and India, with active plans to expand into additional markets. Brady was selected as the partner of choice for its comprehensive functional coverage, along with the speed of deployment and the in-depth domain knowledge of the Brady team in the cotton trading environment. The Brady solution will enable Faircot to manage its entire end-to-end physical and futures trading and the associated logistics, operational, and financial requirements, whilst providing the necessary risk management tools. In addition, Faircot will use Brady’s integrated accounting solution for both analytical and reporting purposes, effectively supporting its complete front to back office activities. David Cavalleri,
The post Faircot opts for Brady CTRM for Cotton to manage its trading and supply chain operations appeared first on CTRM Center.
Source: CTRM Center