White Papers Brady’s Quick Start Physical Trading Solution | Page 6

Brady’s Quick Start Physical Trading Solution • Hosted by vendor – Removes the need for the customer to acquire, deploy and configure com- plex hardware and places the onus on the vendor smoothing the project plan. Additionally, users gain access to the system from day one of the project. • Project scope focuses on Brady presenting the solution and ensuring that the customer under- stands what it provides and how it is used. – This means that those who understand the software the best take responsibility for the project scope, ideally eliminating issues associated with not fully understanding the system’s capabilities as previ- ously mentioned above. It further places the em- phasis and responsibility for understanding the business requirements on the vendor as well. In which case it is also very important for the cus- tomer to be confident in the vendor’s business knowledge. The vendor also provides training of the users (up to 6) – ideally the core team who will then train other users on how to use the system. By following these principles, Brady is able to offer a fixed price and fixed duration for the implementation project, at a lower cost and over a shorter duration than would otherwise be possible. The whole idea behind Quick Start is to get into production quick- ly with a standard product deferring any changes or A ComTechAdvisory Whitepaper other complexities to post-implementation once the users have gained real-world experience and truly un- derstand the capabilities of that standard configura- tion. Often users will discover that the core product provides capabilities they had not fully appreciated at the outset and can, via small business process ad- justments, forgo any code changes or functional ex- tensions, allowing the vendor to better support the product going forward. In essence, the approach is to implement ready to use software following a series of tightly scoped and controlled steps that are designed to ensure that the solution is used and understood correctly by the users. Following a successful go-live, any configuration addi- tions or changes can be defined based on a much bet- ter understanding of how the core product and default configuration work – ensuring that time is only spent where it will really make a difference. The Brady Quick Start approach ensures that the us- ers gain a working system that covers the basics for Base Metals. This naturally includes a lot of functional- ity from physical contracts and derivatives to invoicing. “Out of the box” the system is complete with standard reports and more than sufficient functionality to run the business from day one. © Commodity Technology Advisory LLC, 2019, All Rights Reserved.