Brady breaks into the Top 5 in Chartis Research’s Energy50 Leaderboard

Brady Technologies breaks into the Top 5 in Chartis Research’s Energy50 Leaderboard, and Wins again in the ‘Low-Latency Trading for Power Markets’ Category

Brady Technologies (Brady) proudly jumps to number 5 position on Chartis Research’s (Chartis) Energy50 report. For the second consecutive year Brady has triumphed in the ‘low-latency trading for power markets’ category, underscoring its consistent commitment to innovation in algorithmic trading for intraday and day-ahead power markets, and the market-leading capabilities of its trading software.  

The Energy50 report is a comprehensive analysis of the world’s preeminent vendors of trading and risk management software in the energy markets. Annually, Chartis evaluates vendors, taking into consideration aspects such as functionality, core technology, market presence/impact, innovation, and strategy. 

Chartis undertook detailed assessments of Brady’s solutions for energy trading and risk management (Igloo), intraday and day ahead-power trading (PowerDesk) and credit risk management (CRisk) in this study.

Nick King, CEO of Brady Technologies said, “We are thrilled to be recognised as one of the world’s top 5 software vendors in the ETRM space by Chartis. It’s been an exceptional 12 months at Brady. We have successfully repositioned our business to be focused on energy markets and have won 14 new logos. This recognition validates Igloo, our PowerDesk suite, and CRisk as best-in-class software solutions for energy businesses seeking to transform, grow, or optimise their trading operations.”

“Brady ranked in the top 5 in this year’s Energy50 for a number of key reasons,” said Sid Dash, Chief Researcher at Chartis. “Alongside a strong emphasis on short-term power and innovations in trading frameworks, the company has a heightened focus on the rapidly growing area of energy credit.”

Screenshot 2023 07 05 at 16.30.11 | Brady Technologies

The full report is available at Chartis-Research.com

22nd June 2023

The latest iteration of Chartis’ Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it. In a time of unprecedented change for energy markets, we are seeing transformative new developments in technology (notably analytics) that are creating new opportunities in the space, but also bringing potential new risks – not least in operational areas. The ongoing influence of the pandemic and the move to energy transition, as well as geopolitical upheavals and shifts, mean that we can expect more change in this sector over the coming years.

About Brady Technologies 

Brady Technologies enables energy market participants to profit in new ways from the green energy transition, supporting Environmental, Social & Governance (ESG) requirements. We provide software solutions to support above market returns, resilient risk management and scheduling in volatile markets. 

Our customers include globally renowned organisations from utilities, independent power producers, renewable asset developers, energy trading firms, oil & gas companies, state power grid operators and commodity trading firms. Whether engaged financial or physical trading, on major exchanges or over-the-counter, we help market participants to realise revenue growth across the trading life cycle. 

About Chartis Research 

Chartis Research is the leading provider of research and analysis on the global market for risk technology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. 

Brady breaks into the Top 5 in Chartis Research’s Energy50 Leaderboard

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