What is the work of backend office?
What is the work of backend office? The back office is the portion of a company made up of administration and support personnel, who are not client-facing. Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and IT services. Is trading front or back office? So in a finance company or investment bank, front office departments might consist of sales and trading, investment banking, wealth management, and private equity. The exception to the rule is equity research, which is often considered front office, even though it doesn't directly bring in revenue. What is front office in trading? What Is...