Brady said that the solution will offer the ability to integrate the bank’s financial instruments, reduce operational risk, improve transparency and support decision making and governance.
In addition, Man Brothers Financial Institution has selected Brady’s trading and risk management solution to handle its trade finance operations.
According to Brady, the project will improve efficiencies and ensure that the bank complies with heightened regulations determined by the Central Bank of New Zealand, whilst simultaneously empowering Man Brothers Group with the opportunity to expand its activities by providing adequate systems to handle the high volumes of trades accurately.
Man Brothers Group CEO Haçade Bensalemsaid that the solution provided by Brady will enable them to follow in full detail all trade operations initiated by their clients and handle all required financial transactions and documentary credit operations in a fully integrated way.
