Middle Office


Also found in: Acronyms, Wikipedia.

Middle Office

A section of a financial services company that deals with accounting and risk management. That is, the middle office calculates profits and losses and helps the front office determine what projects to conduct or clients with whom they will work. Sometimes the middle office handles information technology as well. The middle office uses resources from both the front office and back office in the accomplishment of its tasks.
References in periodicals archive ?
Cortland is a leading global investment servicing company providing third-party and outsourced middle office services to investment managers and commercial lenders globally.
Bank Global Corporate Trust Services will deploy the technology to support its commitment to middle office services.
We are pleased to launch Asset Arena 360 to help these firms meet growth challenges and satisfy increased demands with an integrated front and middle office portfolio management solution that ticks three important boxes: controlled cost, expert support and customized functionality for boutique firms.
Leman's responsibilities included supervision of over 24 Electronic Trading staff and over 260 Middle Office employees globally for customer electronic trading and post execution support respectively.
The Hedge Fund Middle Office service has been designed to improve operational efficiency and transparency for hedge fund managers by providing independent third party operations," said Chandresh Iyer, Head of Global Custody and Investment Administration Services at Citi.
That's why we have decided to dispose our accounting operations to ensure we are 100% focused on delivering solutions to the front and middle office teams of multi-asset firms both in terms of our global positioning and our capability and commitment to continue investing in leading-edge technology and software solutions.
Dina DiLorenzo, MD, Guggenheim Investment Advisory, said, 'We are pleased to be working with Citi because of their deep understanding of our business and robust technology that offers us customised end-to-end solutions to our unique middle office, administration and custodial needs.
Upstairs on the first floor there is a front office, middle office, staff area/kitchen and rear office.
Citi's expertise and middle office technology have been instrumental in supporting the launch of our new fund," said John Liu, Chief Investment Officer, Spartus Capital Management LP.
Covered in this Report The Global Middle Office Outsourcing market is categorized on the basis of functions such as trade support, compliance, risk management, portfolio, clearance, accounting/ analytics, and reconciliation.
To the first floor there is a rear office, a middle office and a cloakroom.
NEW YORK -- Citi has been awarded a mandate from Guggenheim Investment Advisory, a division of Guggenheim Partners, to provide a complete suite of services including middle office, fund administration and custody for Guggenheim's hedge fund investment platform.