Case Study: Marex Financial achieves streamlined LME options trading and robust risk & regulatory reporting with Brady Plc's Opval

Software for commodities, financial futures, options and FX markets

Marex Financial, an independent broker‑dealer active in commodities, futures, options and FX, had relied on a 20+ year in‑house trading system that became difficult to maintain and upgrade. While evaluating replacements, Marex found Brady Plc’s Opval was the only application specifically configured for LME markets, allowing them to port their in‑house model directly and address their upgrade and reporting challenges.

Brady Plc implemented Opval across Marex’s front office and risk departments for dynamic pricing, trade capture, position keeping, stress testing and formal P&L reporting, with automated overnight processes to load closing prices and larger trader datasets. The solution delivered faster intra‑day and end‑of‑day risk reports, enabled regulatory PRR reporting and helped Marex meet FSA capital adequacy requirements, while providing the integration, scalability and vendor support that kept Marex confident in continuing to use Brady Plc’s system.

Marex Financial

Hannah Worters

Senior Market Risk Analyst