finsmart-news_admin 
Tools for Brokers (TFB) and TRAction have announced a strategic partnership that will integrate TRAction’s regulatory reporting services into TFB’s Trade Processor platform. The alliance aims to help brokers simplify compliance obligations under EMIR, MiFIR, ASIC, and Best Execution Monitoring rules.
The integration gives clients using TFB’s liquidity bridge direct access to automated reporting solutions, reducing manual intervention and ensuring regulatory standards are met. It enhances Trade Processor’s existing reporting functionality with a delegated reporting service that connects directly to trade repositories and approved mechanisms.
Adding automated, regulator-compliant reporting to TFB’s Trade Processor
Alexey Kutsenko, CEO of Tools for Brokers, commented, “Reporting and compliance remain among the most important, and often most complex, challenges our clients face. With this integration, we’re strengthening the existing reporting capabilities of Trade Processor by adding direct access to automated, regulator-compliant reporting. TRAction’s proven expertise makes them an ideal partner, and we’re confident this collaboration will bring tangible value to our clients operating across global markets.”
Quinn Perrot, co-CEO of TRAction, said, “Partnering with Tools for Brokers enhances our ability to support brokers globally with efficient, compliant trade reporting. TFB’s Trade Processor is a powerful solution that aligns perfectly with TRAction’s mission to simplify trade reporting. Together, we’re delivering an end-to-end process that saves time, reduces errors, and offers peace of mind to our clients.”
The combined solution is designed to improve data flow, enhance reporting accuracy, and reduce long-term costs for brokers who are increasingly burdened by cross-jurisdictional compliance obligations. Clients will also benefit from shared after-sales support provided by both firms.
Tools for Brokers provides multi-platform execution, liquidity aggregation, and analytics through its Trade Processor, which already includes reporting and data monitoring features. The new partnership extends that functionality with a direct link to TRAction’s infrastructure for converting trade data into regulator-ready reports.
TRAction offers trade and transaction reporting services in Europe and the Asia Pacific region. It acts as a regulated intermediary for financial institutions, ensuring that transaction data reaches the appropriate regulatory bodies without the need for firms to build and maintain in-house reporting systems.
With this collaboration, the firms aim to address growing industry demand for seamless, compliant, and scalable trade reporting solutions, especially as global regulatory complexity continues to increase.
