White Papers Brady’s Quick Start Physical Trading Solution | Page 5

Brady’s Quick Start Physical Trading Solution
A ComTechAdvisory Whitepaper
BRADY QUICK START
The premise behind this innovative methodology is to allow trading companies to set up and
start using a market-leading physical trading solution as quickly as possible – minimizing imple-
mentation time by providing a base solution with the key functionality and a standardized con-
figuration that allows customers to gain rapid benefit from using the system. Brady’s Physical
trading solution is a multi-commodity solution that covers metals, ags and softs and bulk fuels
not just for trading and risk management but throughout much of the relevant supply chains.
It has been designed and built to offer maximum flexibility through configuration. It has a wide
installed base across the globe.
The Quick Start approach is built around a number of
key principles that target many areas in which expe-
rience has shown that implementations can go awry:
• Brady defines standard reports and workflow –
Oftentimes, implementation projects become
bogged down in ‘report mode’ where the custom-
er requests multiple specific report formats – in
some cases hundreds, and possibly even thou-
sands, of non-standard reports. Unfortunately,
experience has demonstrated that often many of
these highly specific reports were not, after all,
essential nor frequently used despite the fact that
someone, somewhere believed that they must
have them.
• Data load tools are standard, facilitating more rap-
id data cleansing and formatting – The software
comes ready to use - however, it does require data
to work and usually a degree of historical data at
that. Without fully defined requirements, this ef-
fort of identifying, cleansing and transforming data
to load into the new system can be very time-con-
suming. Utilizing standardized data loading tools
allows the customer to be able to address this is-
sue early and be ready with its data for loading.
The vendor usually assists the users in configur-
ing the data in the system and in uploading all
data necessary to use the system.
• Typical static data is pre-loaded – Similarly, static
data loading is required prior to system use and is
a critical part of any implementation project. Provi-
sioning the system with such data from the outset
saves both time and effort.
• No software changes – Many projects start out
with the development of numerous enhancements
or changes targeting the perfect fit from day one.
The issue with this is that delivery of these chang-
es has to be phased into the project and can result
in extra complexity and delays.
• Customer adopts business processes to work with
the solution – By adopting common or standard
business processes, configuration of the system
becomes more simple reducing complexity, time
and risks with the project, rather than trying to
adapt the system to meet a specific client’s work-
flow.
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