Middle Office


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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 ?
METROPOLE Gestion will also be supported by SimCorp Dimension's IBOR (Investment Book of Record), which will seamlessly integrate across front and middle office, covering portfolio and order management, pre-trade and post-trade compliance, performance measurement, NAV control and risk management.
The first bilaterally agreed disclosed trades executed on the EquiLend Clearing Services platform already have successfully flowed from the ECS Gateway through the ECS Middle Office to OCC.
Now, the middle office services involve different stakeholders, such as brokers, custodians, and other third-parties, and hence, have increased manual intervention.
Leman was a founding member of Thompson/DTCC Omgeo (US) Advisory committee and led the development of the Oasys and Oasys Global Middle Office Application development effort.
Citi's Hedge Fund Middle Office services include a suite of post-trade and pre-settlement services which are scalable and modular.
We were impressed by SS&C's strong solution delivery and will benefit from its proprietary integrated middle office technology and business expertise," added Vernon Barback, President of Russell Investments.
Bank Global Corporate Trust Services will deploy the technology to support its commitment to middle office services.
The company, which was established in 2003, is a specialist fund administration and middle office solutions provider.
TechNavio's analysts forecast the Global Middle Office Outsourcing market to grow at a CAGR of 7.
Accommodation on the ground floor comprises an entrance lobby, reception area, middle office, toilet with wash basin, boiler room and rear office.
NEW YORK -- Citi has been awarded a contract to deliver hedge fund middle office services to Spartus Capital Management LP -- a new divergent volatility strategies hedge fund.
a provider of capital markets and investment management software, has signed a utility partnership agreement with Equinoxe Alternative Investment Services, a premium service provider to the alternative investment management industry in which Equinoxe, using the Calypso platform, will provide full back and middle office support to hedge funds and family offices who trade a broad range of instrument types, the company said.