cBridge teams up with Finmatek to help brokers with regulatory reporting
Spotware’s standalone fixed-price liquidity bridge cBridge has partnered with Finmatek, a regulatory technology and compliance solutions provider, to help brokers handle compliance requirements with less manual work and better visibility.
The partnership combines cBridge’s liquidity and execution infrastructure with Finmatek’s regulatory expertise. cBridge gives brokers centralised control over liquidity providers, price aggregation, order routing, exposure and execution across multiple trading platforms, bringing trading data into one place. Finmatek can then process this data for validation and regulatory submissions, cutting the work and risk involved in the process.
Finmatek’s approach is shaped around each client’s compliance needs, business model, transaction volumes and internal processes. The company processes and validates transaction data for reporting under MiFID II, EMIR, SFTR, CRS, FATCA and other frameworks. As a subsidiary of Fincap Advisers Ltd and part of the Russell Bedford global network, Finmatek is backed by international professional resources that support its work across multiple jurisdictions.
For cBridge brokers, the partnership gives them an opportunity to complement their liquidity and execution operations with Finmatek’s regulatory reporting services. cBridge provides the foundation, with a modular architecture that can scale without disrupting live trading and fixed monthly pricing that stays independent of trading volume. As a result, brokers gain more room to grow their trading operations while keeping compliance requirements firmly under control.
Alexis Droussiotis, co-General Manager at cBridge, said:
“cBridge is built around giving brokers control over their operations, and compliance is a growing part of what they have to manage day to day. Finmatek’s expertise in that area makes them a strong partner for our brokers.”
Vassilis Noussias, CEO of Finmatek, added:
“We are delighted to partner with cBridge to make regulatory compliance simpler and more efficient for brokers. By combining Finmatek’s regulatory expertise and technology with cBridge’s infrastructure, we can help firms reduce the operational burden of reporting while maintaining greater control and visibility over their reporting obligations.”
