Man Brothers Group Selects Brady Trade Finance Solution
Man Brothers Group, based in Geneva, has selected Brady’s trading and risk management solution to handle its trade finance operations. The Brady solution offers the ability to integrate the bank’s financial instruments, reduce operational risk, improve transparency and support decision making and governance.
The project will improve efficiencies and ensure that the bank complies with heightened regulations determined by the Central Bank of New Zealand, while simultaneously empowering Man Brothers Group with the opportunity to expand its growing activities efficiently by providing adequate systems to handle the high volumes of trades accurately.
Haçade Bensalem, chief executive officer (CEO) of Man Brothers Group, said: “The solution provided by Brady will enable us to follow in full detail all trade operations initiated by our clients and handle all required financial transactions and documentary credit operations in a fully integrated way. The advantage of full traceability, status history, documentation and approval workflows, fully integrated into the robust trading and risk management solution, made Brady the obvious partner for us.”