Tools for brokers Integrates MAP FinTech’s reporting solution
Tools for Brokers has enhanced its regtech offerings with the latest integration of MAP FinTech’s reporting solution with the Trade Processor liquidity bridge. The partnership is expected to improve the functionality of both firms’ offerings.
The press release shared with Financial tycoon detailed that the two companies focus on compliance for EMIR, MiFIR, ASIC and Best Execution Monitoring. Furthermore, the integration will ensure rapid onboarding of clients, along with other regulatory reporting benefits.
“Making reporting and data analytics available to our clients is an ongoing focus for TFB,” said Tools for Brokers’ CEO, Alexey Kutsenko. “We are continuously working to make data in the Trade Processor liquidity bridge more accessible to all users.”
“Complying with local authority requirements is absolutely essential. Through the collaboration with MAP FinTech, we hope to make this process as seamless as possible and provide built-in reporting for several regulators. With this powerful functionality at their fingertips, our customers will be more diligent and competitive, allowing them to succeed even in turbulent times.”
The growing demand for Regtech
Tighter compliance rules are forcing players in the financial sector to strengthen compliance measures, giving a boost to the regtech space. These platforms leverage technology to streamline services provided by trading platforms, along with easing their regulatory obligations.
The global regtech market is expected to reach $55.28 billion by 2025, with a compound annual growth rate (CAGR) of 23.5 percent from 2018 to 2025, according to Allied Market Research.
“By integrating MAP FinTech’s reporting solution with TFB&’s multi-platform liquidity bridge technology, clients can benefit from a streamlined and efficient reporting process with a full range of regulatory reporting solutions that will save them both time and money,” said Panayiotis Omirou, CEO of MAP FinTech. “We are excited about this partnership with Tools for Brokers and the benefits it will bring to our clients. We look forward to continuing to set the standard for regulatory reporting in the financial services industry.”
Tools for Brokers has enhanced its regtech offerings with the latest integration of MAP FinTech’s reporting solution with the Trade Processor liquidity bridge. The partnership is expected to improve the functionality of both firms’ offerings.
The press release shared with Financial tycoon detailed that the two companies focus on compliance for EMIR, MiFIR, ASIC and Best Execution Monitoring. Furthermore, the integration will ensure rapid onboarding of clients, along with other regulatory reporting benefits.
“Making reporting and data analytics available to our clients is an ongoing focus for TFB,” said Tools for Brokers’ CEO, Alexey Kutsenko. “We are continuously working to make data in the Trade Processor liquidity bridge more accessible to all users.”
“Complying with local authority requirements is absolutely essential. Through the collaboration with MAP FinTech, we hope to make this process as seamless as possible and provide built-in reporting for several regulators. With this powerful functionality at their fingertips, our customers will be more diligent and competitive, allowing them to succeed even in turbulent times.”
The growing demand for Regtech
Tighter compliance rules are forcing players in the financial sector to strengthen compliance measures, giving a boost to the regtech space. These platforms leverage technology to streamline services provided by trading platforms, along with easing their regulatory obligations.
The global regtech market is expected to reach $55.28 billion by 2025, with a compound annual growth rate (CAGR) of 23.5 percent from 2018 to 2025, according to Allied Market Research.
“By integrating MAP FinTech’s reporting solution with TFB&’s multi-platform liquidity bridge technology, clients can benefit from a streamlined and efficient reporting process with a full range of regulatory reporting solutions that will save them both time and money,” said Panayiotis Omirou, CEO of MAP FinTech. “We are excited about this partnership with Tools for Brokers and the benefits it will bring to our clients. We look forward to continuing to set the standard for regulatory reporting in the financial services industry.”
