International forex technology company, Tools for Brokers, has just announced that it has updated its Brokerage Business Intelligence (BBI) platform.
BBI is a web-based reporting and risk management tool, available for MT4 and MT5. The platform provides brokers with an accurate and detailed picture of their clients’ trading activity.
Presenting statistical data in clear, easy-to-interpret diagrams and charts, BBI enables brokers to more effectively analyse traders’ activity, allowing them to make decisions faster in order to minimise risks and increase profits.
In addition to its current ability to generate custom and regulatory reports as required, the latest iteration of BBI now offers the automation of important CySEC (Cyprus Securities and Exchange Commission) reports (Statement of eligible funds; monthly prevention statement; 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.
With the introduction of automation, the latest version of BBI enables brokers to quickly and effi-ciently run a range of reports,” he adds. “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 com-pliant with the appropriate regulations.
BBI is available on a subscription. Tools for Brokers recommends using BBI in conjunction with Trade Processor to ensure each report contains full analysis of the maximum data available from the bridge.
More recent news from the company can be seen below:
- Tools For Brokers launches Terminal Cost Overview solution for forex traders
- Tools For Brokers announces latest iteration of its PAMM system
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Tools for Brokers updates its Brokerage Business Intelligence platform was first posted on November 8, 2019 at 3:35 pm.