Brady Technologies’ has won the 2022 Energy Award for Digital Innovation of the Year: Data, Insight and Dashboards
London, 30th June 2022, Brady Technologies (‘Brady’), a leading provider of energy and commodities trading software, is delighted to announce its SaaS solution ‘PowerDesk’ has won the 2022 Energy Award for Digital Innovation of the Year: Data, Insight and Dashboards.
EMAP’s annual Energy Awards celebrates the achievements of the energy industry in front of an audience of 500+ energy professionals, from suppliers to brokers to technology providers.
The view from the Energy Awards judging panel
“The judges felt that, in a category entitled Insight, the entry from Brady really met the brief, providing a very sophisticated dashboard for the energy trader. Brady PowerDesk is a software product designed to improve the way that traders perform short-term power trading in energy markets that are decarbonising and decentralising at an accelerating rate. As markets decarbonise, the number of energy installations needed to be balanced is growing exponentially. PowerDesk has been developed from the position of understanding of the issues that traders face, with the patented tools within the system enabling a high level of analysis at speed, thanks to its visualisation techniques.”
Click here to learn more about the judging panel members.
PowerDesk for short-term power trading
Designed by ex-energy traders, PowerDesk is a SaaS solution set to revolutionise the way trading desks operate in intraday and day-ahead power markets across Europe.
Chris Regan, Business Lead, Short-term Power Trading of Brady Technologies, said, “We are absolutely thrilled to receive this prestigious award for Digital Innovation of the Year. This achievement is an important validation of Brady’s commitment to energy trading software excellence. We designed PowerDesk with the trader’s user experience first and foremost. Success in fast paced power trading markets requires a high level of analysis at speed. We are immensely proud of our development and delivery teams and excited about the next stage of this initiative.”
Brady is currently developing ‘Algobots’ using state-of-the-art machine learning techniques to combine short-term actual data with long-term power market trends. The proof of concept has demonstrated 50% efficiency improvements in short-term power trading. PowerDesk’s ‘Edge’ module provides a framework for short-term power traders to take their algorithmic trading strategy to the next level.
For more information on Brady’s SaaS PowerDesk solution, or to book a product demonstration click here.
About Brady Technologies
Brady Technologies (‘Brady’) provides trading, risk management and logistics software solutions to energy markets. We help energy trading participants to profit in new ways from the green transition and support ESG requirements.
Our heritage in European energy spans over 30 years. Our customers comprise some of the most renowned energy organisations in Europe, engaged in financial and physical trading on major exchanges including Nord Pool, EPEX, CME, Nasdaq and ICE, as well as OTC.
Brady solutions cater for utilities, independent power producers, asset developers, asset optimisers, energy traders, oil & gas companies, commercial aggregators and hedge funds, helping to optimise trading performance, drive greater visibility and cost control across the trade life cycle.