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Brady PLC's Strategic Approach for Improved Growth
By CIOAdvisor Apac | Thursday, January 03, 2019
“We not only implement comprehensive risk management strategies in our products but also help our customers to proactively manage and address risks connected to market changes,” says Libby Koehn, Chief Product Officer of Brady PLC. Brady PLC is a trading and risk management software provider for the commodity and energy markets through comprehensive solutions that support the entire trading operation from financial and physical trading, handling of physical operations, risk management, back office finances, and treasury settlements to energy, refined and unrefined metals, soft commodities, and agricultural products. The company has more than 200 customers from around the world, including some of the world’s largest financial institutions.
"We not only implement comprehensive risk management strategies in our products but also help our customers to proactively manage and address risks connected to market changes"
Brady PLC’s energy and commodity risk management (E/CTRM) expertise is built on a range of products that help its customers manage their business decision-making processes and the process of market execution. Brady’s integrated software solutions enable the trading floor, operations, credit, contract, and accounting exchange of data. In general, these processes involve intermediary activities such as trade identification, risk and policy management, planning, scheduling, nomination and transport of goods, and settlements.
Most of the organizations undergo day-by-day changes in their operational as well as functional areas. As a continuously developing company, Brady PLC is going through some modifications in their internal functions including appointing new personnel in their administrative systems. As a part of this, Carmen Carey, a winner of the Bronze Stevie Award for Most Innovative Woman of the Year in Technology (one of the world's top honors for female executives), strongly believes that the opportunities available in the company are substantial, and that the previous experience she gained across a broad range of technology business will help her to become one of the reasons for the success of Brady PLC in a constructive manner. Carmen is a former chief operating officer (COO) of Unbabel, an artificial intelligence company. She has also worked as the CEO of application testing firm Apica, COO of e-commerce group MetaPack, CEO of Big Data Partnership, CEO of IT service management firm ControlCircle, COO of software group MessageLabs, and Vice-President of Global Services at software vendor BroadVision.
With Carmen’s career background, Brady PLC believes that her excellence in several areas back her up to be the perfect fit as the new CEO of the company starting 18th February 2019. The company has also informed its current executive chairman, Ian Jenks, to switch to the new designation of a non-executive chairman from 1st April 2019. By adding new experts to its team and with continuous innovations, Brady PLC indeed promises a better growth for its clientele.