TRAction and Tools for Brokers (TFB) are pleased to announce a strategic partnership centred around the integration of TRAction’s regulatory reporting solution with TFB’s flagship liquidity bridge, Trade Processor.
The collaboration is designed to enhance the functionality and value of both firms’ offerings, while simplifying regulatory compliance for brokers and financial institutions.
By combining their advanced technologies, TFB and TRAction will deliver a seamless and efficient solution for reporting under EMIR, MiFIR, ASIC, and Best Execution Monitoring requirements. Clients will benefit from streamlined onboarding, improved data continuity and control, enhanced reporting accuracy, and long-term cost efficiency, all backed by the trusted after-sales support provided by both firms.
Commenting on the partnership, Alexey Kutsenko, CEO of TFB, said: "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, commented: “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.”
Tools for Brokers is a leading global fintech provider offering cutting-edge technology for retail brokerages and hedge funds. Its Trade Processor platform supports multi-platform execution, liquidity aggregation, and real-time analytics. It already includes a comprehensive suite of built-in reporting and data monitoring features. With this new integration, TFB is extending those capabilities even further, enabling clients to automate reporting directly to regulatory bodies via a trusted delegated solution within the Trade Processor ecosystem.
TRAction is a globally recognised delegated service provider offering trade and transaction reporting solutions across Europe and Asia Pacific. Acting as an intermediary between financial firms and licensed Trade Repositories (TRs) and Approved Reporting Mechanisms (ARMs), TRAction transforms complex transaction data into reports that are regulator-ready. With a strong focus on innovation, the company continually improves its services, enabling brokers to meet compliance efficiently without maintaining in-house reporting systems.