front office/back office/middle office activities

link 15.02.2008 19:26

Subject: front office/back office/middle office activities

It is necessary to provide internal policies governing cash processes ( front office activities, bck office activities, middle office activities)

кто может доступно объяснить, в чем разница между всеми этими офисами и их деятельностью и что конкретно понимается под этими activities???

Francis Fanon ✉

link 15.02.2008 19:45

Hope this helps:

http://www.investopedia.com/terms/m/middleoffice.asp

A financial services company is logically broken up into three parts: the front office includes sales personnel and corporate finance; the middle office manages risk and IT resources; and the back office provides administrative and support services.

Alexander Oshis ✉ moderator

link 15.02.2008 19:51

Investment dictionary
Front office
The sales personnel and corporate finance employees in a financial services company. It's in the front office where revenues are generated.

Investopedia Says:
A financial services company is logically broken up into three parts: the front office includes sales personnel and corporate finance, the middle office manages risk and IT resources, and the back office provides administrative and support services
http://www.answers.com/front+office?cat=biz-fin
http://www.answers.com/middle+office?cat=biz-fin
http://www.answers.com/topic/back-office?cat=biz-fin

Good luck.

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