Technology provider Tools for Brokers (TFB) has launched a new analytics and risk management module directly within its Trade Processor liquidity bridge, a move that intensifies competition among major vendors to offer brokers a single, unified technology platform.

Discover how neo-banks become wealthtech in London at the FMLS25

Ongoing Expansion of TFB’s Unified Platform

The launch of the Broker Business Intelligence (BBI) module continues TFB’s gradual expansion of Trade Processor into a more comprehensive operational environment for brokers.

Earlier this year, the company partnered with TRAction to integrate automated regulatory reporting directly into Trade Processor, allowing brokers to submit required data without using external systems. TFB also introduced large-order splitting to improve execution pricing for sizable trades.

These enhancements indicate a consistent effort to consolidate key brokerage functions—execution, reporting, analytics, and risk management—within a single platform.

[#highlighted-links#]

Global Shift Toward the Brokers’ Operating System

The launch of the Broker Business Intelligence (BBI) module aligns with a significant industry trend: the shift away from fragmented, multi-vendor technology stacks toward integrated "all-in-one" ecosystems that combine execution, risk, and analytics.

For example, oneZero Financial Systems recently acquired analytics firm Autochartist to add integrated data-driven content to its Hub platform. PrimeXM’s XCore also combines liquidity aggregation with built-in risk management capabilities and real-time monitoring.

Alexey Kutsenko, founder and CEO of Tools for Brokers
Alexey Kutsenko, founder and CEO of Tools for Brokers

In this context, TFB’s addition of BBI extends the functionality available inside its existing infrastructure. By embedding analytics and risk management within the execution layer, the company aims to provide brokers with real-time operational insights and flow analysis.

“We are combining execution, analytics, and risk management within a single environment to improve decision-making for clients,” said Aleksey Kutsenko, CEO of Tools for Brokers.

The shift away from fragmented setups continues across the brokerage technology market. Integrated platforms are increasingly positioned as a central operational environment for brokers, and the introduction of BBI reflects TFB’s intention to develop its offering in this direction.

The launch underscores the increasing pressure on technology providers to offer a complete, end-to-end solution. As brokers seek to simplify operations and reduce reliance on multiple vendors, the competition to become the central "operating system" for their business continues to grow.