I know this is an old post, but I decided to reply anyway.
I have successfully used the Codeplex TIBCO TFS Adapter. You still need to install Team Explorer 2010
and then set up your adapter in BW Designer. You also have to be careful with your source control mappings since unlike a traditional .NET csproj, the project name comes from the containing folder.
You can also automate builds in TFS by creating a simple MSBuild .proj file with an Exec task in the Build target, but that is beyond the scope of the question.