Tools for Brokers has enhanced its offerings around regtech with the latest integration of MAP FinTech’s reporting solution with its Trade Processor liquidity bridge. The partnership is expected to improve the functionality of both firms’ offerings.
Tools for Brokers Taps MAP FinTech
The press release shared with Finance Magnates detailed that the two companies focus on compliance for EMIR, MiFIR, ASIC, and Best Execution Monitoring. Further, the integration will ensure quick onboarding of clients, along with other regulatory reporting benefits.
“Making reporting and data analysis accessible for our clients is an ongoing focus for TFB,” said the Tools for Brokers’ CEO, Alexey Kutsenko. “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.”
The Rising Demand for Regtech
Tighter compliance rules are forcing financial services industry players 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 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,” said Panayiotis Omirou, CEO of MAP FinTech. “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.”
Tools for Brokers has enhanced its offerings around regtech with the latest integration of MAP FinTech’s reporting solution with its Trade Processor liquidity bridge. The partnership is expected to improve the functionality of both firms’ offerings.
Tools for Brokers Taps MAP FinTech
The press release shared with Finance Magnates detailed that the two companies focus on compliance for EMIR, MiFIR, ASIC, and Best Execution Monitoring. Further, the integration will ensure quick onboarding of clients, along with other regulatory reporting benefits.
“Making reporting and data analysis accessible for our clients is an ongoing focus for TFB,” said the Tools for Brokers’ CEO, Alexey Kutsenko. “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.”
The Rising Demand for Regtech
Tighter compliance rules are forcing financial services industry players 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 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,” said Panayiotis Omirou, CEO of MAP FinTech. “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.”