8 November 2019 - Tools for Brokers, today announces new updates to its Brokerage Business Intelligence (BBI) platform.

Available for both MetaTrader 4 and MetaTrader 5, BBI is a web-based reporting and risk man-agement tool designed to provide brokers with an accurate and detailed picture of their clients’ trading activity. Presenting statistical data in clear, easy-to-interpret diagrams and charts, BBI enables brokers to more effectively analyse traders’ activity, allowing them to make decisions faster in order to minimise risks and increase profits.

In addition to its current ability to generate custom and regulatory reports as required, the latest iteration of BBI now offers the automation of important CySec (Cyprus Securities and Exchange Commission) reports*.

Commenting on the new features, Alexey Kutsenko, CEO of Tools for Brokers, said: “Whether it’s for regulatory compliance, to inform marketing efforts, or for better risk management, reporting is an essential part of any broker’s job. But producing these reports can be time-consuming. “With the introduction of automation, the latest version of BBI enables brokers to quickly and efficiently run a range of reports,” he adds. “This frees up their time and allows them to focus more on their day-to-day work, secure in the knowledge that each report is accurate, detailed, and fully compliant with the appropriate regulations.”

BBI is available on a subscription basis. Tools for Brokers recommends using BBI in conjunction with Trade Processor to ensure each report contains full analysis of the maximum data available from the bridge.

*The latest version of Brokerage Business Intelligence offers automation of the following CySec reports: • Statement of eligible funds; • Monthly prevention statement; • Quarterly Statistics, sections D(1), D(2), E, F;