Tools for Brokers Upgrades BBI Platform, Adds More CySEC Reports

Tools for Brokers, an international technology company, announced this Friday that it has introduced automation for its Brokerage Business Intelligence (BBI) platform, which allows clients to automatically generate reports for the Cyprus Securities and Exchange Commission (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term).

The BBI platform is available for both MetaTrader 5 and MetaTrader 5. The solution is a web-based reporting and 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 tool, and it is designed to provide brokers with accurate and detailed information about their clients’ trading activity.

The platform aims to give brokers data in an easy to consume format, by creating clear and easy-to-interpret diagrams and charts, the statement released today said. Because of this, the platform allows brokers to analyze their traders’ activity more effectively. Therefore they can make faster decisions and minimize risks.

Tools for Brokers expands BBI solution

Previously, the BBI solution allows users to generate customer and regulatory reports as needed. However, the automation update now allows brokers to create reports regarding the statement of eligible funds, monthly prevention statement and quarterly statistics, sections D(1), D(2), E, F.

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.”

The BBI platform is available for brokers on a subscription basis. The technology company recommends that BBI be used in conjunction with its Trade Processor so that each report contains a full analysis of the maximum data available.

“With the introduction of automation, the latest version of BBI enables brokers to quickly and efficiently run a range of reports,” Kutsenko added. “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.”