Brady Technology Sees Significant Interest in Credit Solutions

Brady Technology’s Ian Tobin sees an active market for credit solutions with a lot of interest in Brady’s CRisk solution. Market volatility is driving a great deal of scrutiny in the credit area along with a need for more real-time reporting on various types of exposure, he told me. Brady has just signed a major new customer in the LNG space for its credit solution and expects that several more will follow as it has already received some verbal commitments to its software, he said. Brady is also upgrading customers on its on premises solution – Brady Credit Risk – over to CRisk. Consequently, Ian says Brady is very busy on the credit side of things now and he expects that to continue well into 2023. “Credit risk is now an exciting market with a constant stream of inquiries.” Credit solutions in energy and commodity markets tend to see interest in waves dictated by market events like bankruptcies yet Ian sees a different scenario developing this time as credit risk is being pushed to the fore by market conditions. Current market conditions with volatility, not just in commodities, but also in FX and IR, are helping to bring credit back… continue reading

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