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Tapaas Alpha | The Real-Time Risk & Analytics Platform for FX and CFD Brokers
Tapaas Alpha provides a unified environment where brokers can monitor exposure, analyse trading behaviour, and optimise performance in real time. It transforms fragmented trading data into structured, actionable insights.
Real-time analytics and monitoring
Unified data across systems
Actionable insights for decision-making
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HOW IT WORKS
From Fragmented Data to a Single Intelligence Layer
FX and CFD brokers typically operate with data spread across multiple systems, their trading platform, bridge, liquidity providers, and back office. Each produces valuable information, but in isolation. Tapaas Alpha was built to solve this.
Product Overview
From Fragmented Data to a Single Intelligence Layer
FX and CFD brokers typically operate with data spread across multiple systems, their trading platform, bridge, liquidity providers, and back office. Each produces valuable information, but in isolation.
Tapaas Alpha was built to solve this.
Tapaas Alpha ingests data from all connected systems and processes it in real time, delivering a continuously updated, unified view of broker operations. Risk managers, dealing desk teams, and operations heads work from a single source of truth, not a patchwork of disconnected reports.
What Brokers Had Before
What Tapaas Alpha Provides
End-of-day reports with delayed risk visibility
Continuous, real-time exposure monitoring across all positions
Fragmented data from platform, bridge, and LP systems
Unified data layer — all systems feeding one intelligence environment
Manual identification of problematic clients and execution issues
Automated trader profiling and slippage detection
Reactive risk management after events occur
Continuous, real-time exposure monitoring across all positions
Tapaas Alpha Feature Set
1
Live Risk Cube
What it does:
Visualises real-time exposure, positions, and risk metrics across all books in a single, structured view. Continuously updated — no manual refresh required.
Outcome:
Immediate, always-current understanding of total broker exposure
2
Alerts & Notifications
What it does:
Configurable threshold-based alerts that notify risk and dealing teams when exposure, PnL, or client behaviour metrics breach defined limits.
Outcome:
Faster response to risk events; reduced reliance on manual monitoring
3
Book Switching & Autohedging
What it does:
Enables dynamic switching of client trades between A-book and B-book routing, and supports automated hedging execution based on live risk data.
Outcome:
Optimised execution strategy with reduced manual intervention
4
Trader Profiling
What it does:
Analyses historical and real-time client trading behaviour to identify patterns associated with toxic flow, scalping, latency arbitrage, and other risk-generating activity.
Outcome:
Early detection and isolation of toxic clients before significant exposure accumulates
5
Slippage Monitoring
What it does:
Tracks and analyses slippage and fill rates across all connected liquidity providers in real time, enabling direct LP performance comparison.
Outcome:
Data-driven LP selection and improved execution quality for all client flow
6
VaR Calculator
What it does:
Computes Value-at-Risk scenarios based on current positions and historical volatility data, enabling forward-looking risk assessment.
Outcome:
Better capital planning and regulatory-aligned risk quantification
7
Report Scheduler
What it does:
Automates generation and delivery of performance, risk, and execution reports on configured schedules.
Outcome:
Reduced operational overhead; consistent reporting without manual preparation
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Liquidity quality monitoring
Operational Risk Protection
Book Management and Autohedging
Tapaas Alpha Integrations
Tapaas Alpha connects directly to the core components of a broker's technology stack. Integration is designed to be non-disruptive — Tapaas operates as a layer on top of existing infrastructure, requiring no changes to live trading operations.
Trading Platforms
Named Examples: MetaTrader
What Tapaas Captures:
Trade data, client positions, order history, account-level activity
Bridges
Named Examples: OneZero, PrimeXM
What Tapaas Captures:
Order routing decisions, execution paths, LP allocation data
Liquidity Providers
Named Examples: Banks, LPs
What Tapaas Captures:
Pricing streams, fill rates, rejection rates, slippage per provider
FIX Connections
Named Examples: Custom integrations
What Tapaas Captures:
Real-time order flow and execution data from non-standard connections
All connected systems feed into a single data layer. Tapaas processes the combined data stream in real time, ensuring that insights from each system are visible in context, not in isolation.
Tapaas Alpha Integrations
Tapaas Alpha connects directly to the core components of a broker's technology stack. Integration is designed to be non-disruptive — Tapaas operates as a layer on top of existing infrastructure, requiring no changes to live trading operations.
Trading Platforms
Example: MetaTrader
What Tapaas Captures:
Trade data, client positions, order history, account-level activity
Liquidity quality monitoring
Powerful Analytics
Navigate complexity effortlessly and make informed decisions with confidence
Operational Risk Protection
Actionable Real-Time Alerts
Get notified of critical events as they happen, allowing you to respond swiftly and make informed decisions without delay
Book Management and Autohedging
Comprehensive Position and Exposure Management
Real-time data to let you know where you stand at all times, from any place
What constitutes your exposure, what are the opportunities for book allocation or hedging?
Run reports to get historical data to spot patterns over time or for managment or regulatory purposes
Real-time Data
Tapaas Alpha integrates with MetaTrader, bridges including OneZero and PrimeXM, and liquidity providers via FIX connections. It is designed to connect to a broker's full trading technology stack without disrupting live operations.
Yes. Tapaas Alpha provides real-time data, exposure metrics, profitability data, and trader profiles. That makes dynamic A-book/B-book routing and hybrid strategies operationally viable. The Book Switching feature enables automated routing based on live risk thresholds.
Yes, continuously in real time.