MAP FinTech and Tools for Brokers (TFB) are pleased to announce their partnership focusing on the integration of MAP FinTech’s reporting solution with TFB’s Trade Processor liquidity bridge with the aim of enhancing the functionality of both firms’ offerings.
By integrating their cutting-edge technologies, TFB and MAP FinTech will place a strong emphasis on facilitating regulatory compliance for EMIR, MiFIR, ASIC, and Best Execution Monitoring. This integrated solution will provide clients with seamless and quick onboarding, enhanced safety and continuity, increased robustness of the reporting process, cost efficiencies, and a continuance of the excellent after-sales support services provided by both firms.
Tools for Brokers provides top-notch technology solutions for retail brokerages and hedge funds. The firm’s flagship liquidity bridge, Trade Processor, offers multiplatform support, advanced order execution, and other powerful functionalities. The bridge is complemented by data and money management, and smaller tools for niche broker needs.
MAP FinTech is one of the first providers in Europe to have reported under the European Market Infrastructure Regulation (EMIR) and, over the years, has developed fully automated solutions for various regulatory requirements. The firm’s Polaris platform, with its advanced capabilities for reconciliation, validation, and monitoring, has become an extremely useful tool for regulated entities, being recognized as a leading regulatory platform with a proven track record of success and performance. The technology and support processes involved have been finetuned over the years, making Polaris one of the most mature regulatory reporting platforms available in the global market today.
Alexey Kutsenko, CEO of TFB, said: “We are very pleased to announce our partnership with MAP FinTech. Making reporting and data analysis accessible for our clients is an ongoing focus for TFB. We are constantly working on making 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 more regulators. With this powerful functionality at their fingertips, our clients will be more diligent and competitive, allowing them to succeed even in turbulent times.”
Panayiotis Omirou, CEO of MAP FinTech, commented: “Our partnership with TFB is a significant step towards simplifying regulatory reporting for financial institutions, and it highlights our commitment to consistently provide added value to our clients. By integrating MAP FinTech’s reporting solution with TFB’s multiplatform liquidity bridging 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. We are thrilled about this partnership with Tools for Brokers and the benefits it will deliver to our clients. We look forward to continuing to set the standard for regulatory reporting in the financial services industry.”