Founded in 2012, Levmet is focused on proprietary & physical trading and investment.  The Company is privately owned by its founding shareholders and a group of senior employees.  Today, the Company has a diversified business, trading a wide spectrum of metals and hard commodities including copper, iron ore, coal, steel, aluminium, zinc, nickel and other minor metals.

As Levmet's business expands and the trading volumes of its derivatives activities increase, the challenges and inefficiencies of running its business without a dedicated back-office system prompted it to look for an automated process, which would dramatically reduce the amount of time spent managing its positions in order to increase the efficiency and reliability of its processes. This will enable Levmet to focus more time on its core business of increasing profits through trading.

Ashley Levett, CEO of Levmet, commented: "Without having a dedicated back-office system means that a lot of time is dedicated to updating multiple systems and databases, where it could be better spent on activity related directly to the business. With the Brady CTRM solution in place, we will have better clarity for analysis, improved efficiency and reliability through the reassurance of an automated platform, enabling us to fully concentrate all our efforts into our core business of trading and risk management". Talking about future plans, he commented: "As we expand the business into physical trading and extend our commodity portfolio, we know that the solution we have chosen is scalable to meet the demands of these new markets quickly and efficiently".

Gavin Lavelle, CEO of Brady, commented: "Offering flexible and scalable solutions is key to Brady's success in meeting the diverse requirements of our customers, whose major goal is to continue to grow a profitable business. Levmet has selected Brady's Cloud delivery, which not only reduces the overall cost of ownership of the solution, but enables the team to focus on its core activities, without needing to focus attentions on understanding the IT complexities of a new platform". Continuing, he commented: "The flexibility of the Brady CTRM solution, will offer Levmet the capability to move into other areas, as market opportunities arise, reassured by knowledge that the solution is fully extensible to meet these business opportunities".

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Editorial contact for Brady

Rebecca Sanders Hewett/Charlie Geller/David Ison

Redleaf Polhill

Tel: +44 (0)20 7382 4730

Email: rsh@RedleafPolhill.com or di@RedleafPolhill.com or cg@RedleafPolhill.com

Notes to Editors:

About Brady plc: 

Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity, recycling and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined metals, scrap and secondary metals, soft commodities and agricultural products.

Brady has 30 years' expertise in the commodity markets with over 300 customers worldwide, who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.www.bradyplc.com

About Levmet:

Founded in 2012, Levmet has built an exceptional shareholder group and management team focused on proprietary & physical trading and investment.  The Company is privately owned by its founding shareholders and a group of senior employees. Today, the Company has a diversified business, trading a wide spectrum of metals and hard commodities including copper, iron ore, coal, steel, aluminium, zinc, nickel and other minor metals. Through its core activities as a Liquidity Provider and Proprietary Trader - Levmet has quickly grown to trade on average over $200bn. of metal annually establishing itself as a top ten player on The London Metal Exchange. Levmet's head office is located in Monaco and is in the process of opening offices in London and Dubai.www.levmet.com

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