Middle Office

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Middle office. Middle office definition and functions while the definition of middle office is a lot more ambiguous than the definition for back office our users helped define the roles of middle office. The middle office uses resources from both the front office and back office in the accomplishment of its tasks. The voice of reason in investment banking the middle office usually consists of risk management research and compliance departments as well as some elements of technology.

The middle office is the department in a financial services company investment bank or hedge fund that sits in between the front and back office. It typically manages risk and calculates profits. Confirmation payment settlement and accounting.

Risk analysts and managers work closely with front office teams to feed them their results relating to various asset classes and financial markets. Middle office is an organizational layer of a bank that handles critical and time sensitive controls execution and decision support functions. Sometimes the middle office handles information technology as well.

As the term suggests middle office functions typically require close coordination with both the front and back office. Financial services institutions can be divided into three sections. The following are common examples of middle office functions.

Somewhere between the front office and the back office. The middle office is a term that is applied to business functions that focus on monitoring and providing information about the outcome of efforts conducted by the front office. As per its name the middle office of an investment bank is situated in the middle.

The middle office is a team of employees working in a financial services institution. The middle office is comprised of all the people in the business divisions that directly support the front office says one senior banker. Generally speaking middle office roles directly support the revenue generation process.