Case Study: Xstrata Copper achieves consolidated global trading, hedging and real-time risk management with Brady Plc

Trading, hedging and risk management commodity software solution for copper, raw materials and refined goods operations

Xstrata Copper, a major global metals and mining business, needed a single, global trading, hedging and risk-management system to replace disparate bolt-on applications and to combine physicals and non-physicals across mines, refineries and plants. After evaluating vendors, Xstrata Copper selected Brady Plc and its commodity trading and risk management (CTRM) solution to deliver consolidated, transparent management of its copper, raw materials and refined goods operations.

Brady Plc implemented its CTRM platform across Xstrata Copper’s operations (initially evaluated in 2004 and deployed from 2006 onward, with rollouts in Chile, Dubai, Argentina, Peru and Australia), becoming the group’s core global trading and risk system. The Brady Plc solution integrated raw-material contracts with hedging, enabled real-time global physicals and risk positions, daily P&L attribution and priced/unpriced position visibility, and delivered faster, more accurate invoicing, improved contract management, consolidated risk reporting, greater efficiency and cost reduction.

Xstrata Copper