The international technology company Tools for Brokers announced a new integration partnership with TRAction, an innovative provider of regulatory trade and transaction reporting solutions.
The two companies have joined forces to create an integration that enables seamless regulatory reporting directly from TFB’s Trade Processor liquidity bridge through TRAction’s delegated reporting services.
This integration paves the way for simpler compliance by brokers and financial firms. It offers clients streamlined onboarding, improved data continuity, and robust reporting automation while maintaining the highest standards of safety and business continuity. The partnership places a strong emphasis on regulatory reporting for EMIR, MiFIR, ASIC, and Best Execution Monitoring.
This partnership enhances the existing reporting capabilities of TFB’s flagship product, Trade Processor, and makes the whole ecosystem even stronger.
Commenting on the partnership, Alexey Kutsenko, CEO of TFB, said:
“Reporting and compliance remain among the most important, and often most complex, challenges our clients face. With this integration, we’re strengthening the existing reporting capabilities of Trade Processor by adding direct access to automated, regulator-compliant reporting. TRAction’s proven expertise makes them an ideal partner, and we’re confident this collaboration will bring tangible value to our clients operating across global markets.”