More NewsBrady Extends into Physical Power Trading

Brady Extends into Physical Power Trading

Brady, a provider of trading, risk management and settlement solutions to the energy, metals and soft commodities sectors, has extended Brady Energy’s product offering through the acquisition of syseca. syseca is a Swiss-based company providing logistics software for the electricity markets and adds up-to-date physical electricity trading capabilities to Brady. syseca has been operating since 1994 and its clients are based throughout Europe.

The acquisition has a strategic, commercial and financial rationale as it broadens Brady Energy’s product offering to include up-to-date, physical electricity real-time balancing and scheduling capabilities, with connectivity to most major transmission system operators (TSOs).

Ernst Killer, president of syseca, said: “We have worked in partnership with Brady on several occasions to provide solutions for customers in the energy market and strongly believe that becoming part of a well-resourced, publicly-listed company will offer our business immense potential to deliver solutions to a wider marketplace, through Brady’s global infrastructure.”

Comments are closed.

Subscribe to get your daily business insights

Whitepapers & Resources

2021 Transaction Banking Services Survey
Banking

2021 Transaction Banking Services Survey

2y
CGI Transaction Banking Survey 2020

CGI Transaction Banking Survey 2020

4y
TIS Sanction Screening Survey Report
Payments

TIS Sanction Screening Survey Report

5y
Enhancing your strategic position: Digitalization in Treasury
Payments

Enhancing your strategic position: Digitalization in Treasury

5y
Netting: An Immersive Guide to Global Reconciliation

Netting: An Immersive Guide to Global Reconciliation

5y