Is there a tool(software)for that?

This has been covered to death. Use foobar2000. Yes it decompresses to wave files first but that's what has to happen during playback anyway.

Maybe this thread will provide some insight:
http://www.hydrogenaudio.org/forums/index....showtopic=70950

You're going to have to wade through a lot of noise to get to useful points regarding your question. Unfortunately noise is what typically arises from asking questions such as this and for that reason I'm closing this discussion.