Tools for Brokers and SALVUS Funds Partner to Facilitate Broker Launch

To simplify and accelerate the process of launching brokerage businesses, Tools for Brokers (TFB), an international technology provider catering to retail brokers, hedge funds, and prop trading companies, has joined forces with SALVUS Funds, a prominent advisory firm specializing in licensing and regulatory compliance.

Collaboration Streamlines Broker Processes

The collaboration between TFB and SALVUS Funds aims to provide comprehensive support to aspiring brokers seeking company formation and licensing services. By offering a joint package, clients can now access a range of essential services conveniently from a single source.

TFB brings advanced solutions and White Label packages, encompassing a liquidity bridge, risk management tools, technical support, server hosting, and access to their ecosystem of products. Moreover, the company extends assistance with Know Your Customer (KYC Know Your Customer (KYC) Know Your Customer (KYC) is the process via which the broker is verifying the true identity of its clients in order to comply with multiple regulations. KYC is used to assess the suitability of customers when it comes to anti-money laundering regulations, any type of financial fraud and determining whether they are potentially risky for the brokerage.In particular, KYC guidelines in financial services mandate that individuals make a cohesive effort to verify the identity, suitability, and risks Know Your Customer (KYC) is the process via which the broker is verifying the true identity of its clients in order to comply with multiple regulations. KYC is used to assess the suitability of customers when it comes to anti-money laundering regulations, any type of financial fraud and determining whether they are potentially risky for the brokerage.In particular, KYC guidelines in financial services mandate that individuals make a cohesive effort to verify the identity, suitability, and risks Read this Term) procedures and onboarding processes. On the other hand, SALVUS Funds assists future brokers in obtaining licenses in jurisdictions they specialize in, recommending optimal choices for new companies.

Commenting on the partnership, Alexey Kutsenko, the CEO at Tools for Brokers, stated: “Our partnership with SALVUS Funds directly supports our mission to help our clients achieve their business goals faster and more efficiently. We are big believers in regulated and transparent markets that both brokers and traders can trust. With SALVUS Funds taking care of the licensing side and Tools for Brokers providing the infrastructure, our clients can be confident they’re set up for success. We look forward to working with SALVUS further and expanding our partnership.”

Enhancing White Label with Main Label Solution

As part of their offerings, Tools for Brokers introduces an enhanced version of the traditional White Label, termed Main Label (ML). Tailored for new retail brokers and hedge funds, the ML package provides an all-in-one solution comprising technical infrastructure, KYC consultation, onboarding support, and advanced options such as dedicated liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term bridge, price feed, round-the-clock support consultations, and risk management tools.

Nikolas Xenofontos, the Managing Director at SALVUS Funds, added: “As we embark on this journey with Tools for Brokers, we are excited about the opportunities it presents for our clients and the broader online trading ecosystem. We look forward to further collaboration with TFB and expanding the scope of our partnership, ultimately empowering more brokers to achieve their business goals and contribute to the growth of regulated markets worldwide.”