Tools for
Brokers (TFB) has teamed up with TRAction to embed automated regulatory reporting
directly into its Trade Processor platform, aiming to simplify compliance for
brokers and financial institutions.
Trade Processor Links Up
with TRAction for Automated Regulatory Reporting
The
partnership connects TRAction’s reporting technology with Tools for Brokers’
liquidity bridge system, allowing clients to automatically submit reports to
regulators without leaving their existing trading infrastructure. The
integration covers reporting requirements under EMIR, MiFIR, ASIC rules, and
Best Execution Monitoring.
For
brokers, this means they can handle their regulatory obligations through the
same platform they use for trade execution and liquidity management. Tools for
Brokers says its Trade Processor already includes built-in reporting features,
but the TRAction integration adds direct submission capabilities to regulatory
bodies.

“Reporting
and compliance remain among the most important, and often most complex,
challenges our clients face,” said Alexey Kutsenko, CEO of Tools for
Brokers. “With this integration, we’re strengthening the existing
reporting capabilities of Trade Processor by adding direct access to automated,
regulator-compliant reporting.”
Auto-Report Through Trading
Platform
TRAction,
which serves over 800 firms across Europe, the UK, Australia, Singapore, and
Canada, acts as a middleman between financial companies and licensed Trade
Repositories and Approved Reporting Mechanisms. The company takes raw
transaction data and converts it into the specific formats regulators require.

Quinn
Perrot, co-CEO of TRAction, said the partnership expands the company’s reach in
the global broker market. “TFB’s Trade Processor is a powerful solution
that aligns perfectly with TRAction’s mission to simplify trade
reporting,” he said. “Together, we’re delivering an end-to-end
process that saves time, reduces errors, and offers peace of mind to our
clients.”
Many firms
struggle with the technical and operational burden of maintaining in-house
reporting systems that can keep up with changing rules. The integration is
already live, with both companies saying they expect it to reduce onboarding
time and improve data accuracy for their joint clients.
TFB recently introduced order splitting into its trade processor, allowing larger transactions to be broken down in order to achieve better execution pricing. Zapytaj ChatGPT
Tools for
Brokers (TFB) has teamed up with TRAction to embed automated regulatory reporting
directly into its Trade Processor platform, aiming to simplify compliance for
brokers and financial institutions.
Trade Processor Links Up
with TRAction for Automated Regulatory Reporting
The
partnership connects TRAction’s reporting technology with Tools for Brokers’
liquidity bridge system, allowing clients to automatically submit reports to
regulators without leaving their existing trading infrastructure. The
integration covers reporting requirements under EMIR, MiFIR, ASIC rules, and
Best Execution Monitoring.
For
brokers, this means they can handle their regulatory obligations through the
same platform they use for trade execution and liquidity management. Tools for
Brokers says its Trade Processor already includes built-in reporting features,
but the TRAction integration adds direct submission capabilities to regulatory
bodies.

“Reporting
and compliance remain among the most important, and often most complex,
challenges our clients face,” said Alexey Kutsenko, CEO of Tools for
Brokers. “With this integration, we’re strengthening the existing
reporting capabilities of Trade Processor by adding direct access to automated,
regulator-compliant reporting.”
Auto-Report Through Trading
Platform
TRAction,
which serves over 800 firms across Europe, the UK, Australia, Singapore, and
Canada, acts as a middleman between financial companies and licensed Trade
Repositories and Approved Reporting Mechanisms. The company takes raw
transaction data and converts it into the specific formats regulators require.

Quinn
Perrot, co-CEO of TRAction, said the partnership expands the company’s reach in
the global broker market. “TFB’s Trade Processor is a powerful solution
that aligns perfectly with TRAction’s mission to simplify trade
reporting,” he said. “Together, we’re delivering an end-to-end
process that saves time, reduces errors, and offers peace of mind to our
clients.”
Many firms
struggle with the technical and operational burden of maintaining in-house
reporting systems that can keep up with changing rules. The integration is
already live, with both companies saying they expect it to reduce onboarding
time and improve data accuracy for their joint clients.
TFB recently introduced order splitting into its trade processor, allowing larger transactions to be broken down in order to achieve better execution pricing. Zapytaj ChatGPT
This post is originally published on FINANCEMAGNATES.