Tools For Brokers adds two new reporting features

Tools For Brokers has added two new reporting features to its Brokers Business Intelligence (BBI) solution.

It has integrated capital adequacy and end of day reports into its BBI product in a bid to make the workflow for brokers easier and more efficient.

The capital adequacy report focuses on current risks as required of market makers regulated by European authorities. They help to ensure that a broker holds enough capital to continue safe and efficient business and that it can withstand any foreseeable problems.

End of day report is among the most time-consuming tasks at many brokers; however, BBI can now automate these processes and save resources in dealing departments for potentially more productive tasks.

Both are now available for brokers who are already using BBI and will be included in the basic version of the product to all users.

Albina Zhdanova, 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.”

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 and business analytics service. BBI is integrated with both MT4 and MT5. The product was developed specifically for brokers to allow them to analyse trades and make informed decisions.

Copyright © 2018 RegTech Analyst

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