Tools for Brokers Adds New Reporting Features to Its Brokers Bi Solution

International forex technology company, Tools For Brokers, announced on Monday that it has integrated capital adequacy and end of day reports into its Brokers Business Intelligence (BBI) product.

According to the statement, the new reports aim to make the workflow for brokers easier and more efficient. They are now available for brokers who are already using BBI and will be included in the basic version of the product to all users.

The capital adequacy report focuses on the current risks to ensure the broker holds enough capital to continue with its operations and can withstand possible future complications. The assessment of these risks of market makers is required by any broker that is regulated by a European Authority.

The end of day report is typically a time-consuming process. However, BBI can now automate these processes and generate the report, saving a lot of time and energy for brokers.

Commenting on the new features, Albina Zhdanova, the COO of Tools For Brokers said: “Brokers Business Intelligence is one of the flagship products of Tools For Brokers."

“We constantly think about how we can make brokers’ workflows easier and more efficient, how to automate long and difficult tasks. Integrating capital adequacy and end of day reports into BBI is a great leap forward in achieving these goals.”

According to the statement from the technology provider, the reports are produced on the ‘standard reporting’ page. Clients can sort through the reports using the standard filters and convert them to Excel documents. In addition, customers can also have the reports sent to email automatically.

The BBI platform

BBI is a web-based platform that was released at the start of this year. It is offered to brokers as a cross-functional Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and business Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term service. BBI is integrated with both MT4 and MT5. The product was developed specifically for brokers to allow them to analyze trades and make informed decisions.