Brady Drops Cadenza And Forms Alliances With GEIS, Elmbridge

BRADY, the Cambridge-based risk management software company, has formed two alliances with other financial systems vendors: GE Information Services and London-based Elmbridge Financial Systems.

The alliance announcements coincide with a decision by Brady to cease marketing its Cadenza regulatory compliance software, due to poor sales.

Brady's deal with Elmbridge allows the latter vendor to distribute Brady's Trinity Riskmetrics value-at-risk module as a market risk calculation engine for Elmbridge

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