May 9, 2023 - MAP FinTech and Tools for Brokers (TFB) announced a new 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.
Tools for Brokers provides technology solutions for retail brokerages and hedge funds and MAP FinTech has developed fully automated solutions for various regulatory requirements including their Polaris platform.
By integrating their technologies, TFB and MAP FinTech will focus on facilitating regulatory compliance for EMIR, MiFIR, ASIC, and Best Execution Monitoring. The integrated solution aims to provide clients with easy onboarding, structured reporting process and after-sales support services from both firms.
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.”
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