Brady develops new CTRM solution for US cotton industry

YarnsandFibers News Bureau 2015-10-08 16:30:00 – London

New commodity trading and risk management solution specifically created for the U.S. Cotton industry has been deployed at Noble Agri’s Houston, TX offices. Brady plc, a leading global provider of trading, risk management and settlement solutions to the energy, commodities and recycling sectors in collaboration with Noble Agri, integrated global commodities company has developed and implemented the first comprehensive platform for US cotton.

The new Brady solution for Cotton is the first system in the market that handles physical and future contract administration, risk management, physical trading, profit and loss analytics, inventory management, trade finance, and document management, combined with many U.S. cotton-specific functionalities to manage trading and logistics activities down to the bale level.

The system is completely integrated with many of the U.S. cotton industry’s most common interfaces including EWR, AMS, PCCA, ICE, USDA, COPS, Integra, QRNet, eCotton and The Seam.

The solution increases the efficiency of companies involved in cotton trading and help them maximize their margins during these volatile markets.

Gavin Lavelle, CEO of Brady plc said that the result of this collaboration clearly demonstrates their ability to provide end-to-end solutions in the soft commodities trading space, in this case specifically for the US Cotton industry.

Brady plc in partnership with Noble Agri has give confidence not only to develop but are now in the unique position to offer fully global trading solution to the cotton market.

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