Kooltra Launches Cloud-Based Back-Office Tool for FX Market

The first rollout of the offering is geared toward smaller and new brokers looking to outsource their back-office tech.

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Kooltra has released the first solution on its cloud-based FXCore platform, which is aimed at accelerating entry into the market and automating workflows for brokers.

The back-office product is delivered via a software-as-a-service model. It is designed to alleviate some of the pain felt by smaller firms or new players looking to launch and scale an institutional-caliber offering, says the Toronto-based company’s founder and CEO, Adam Katz.

The infrastructure needed for post-trade functions,

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