The IT and infrastructure support services for a company, separate from the public face of the business
The back office of a financial institution is made up of employees responsible for (1) recording and maintaining the official records of the financial institutions and (2) processing transactions entered into by the financial institutions or its customers [GAO]
For a store or any commercial concern, the expression "back office" typically, refers to the set of activities that are not directly visible to customers, but are the foundation for the concern's ability to operate See also front office
rear office; administrative departments of a company, departments that have little or no contact with clients
Brokerage house clerical operations that support, but do not include, the trading of stocks and other securities All written confirmation and settlement of trades, record keeping, and regulatory compliance happen in the back office
the company's organisation and processes that support the pre-sales and post-sales operations
Term which refers to the administrative and clerical departments within a brokerage firm
The departments and processes related to the settlement of financial transactions (i e written confirmation and settlement of trades, record keeping)
Administration and support personnel in a financial services company Includes such functions as: settlements, clearances, record maintenance, regulatory compliance, accounting, etc When there is slow order processing due to high volume it is commonly referred to as "back office crunch"
The internal operations of an organization that are not accessible or visible to the general public: "The... bank will... modernize its back office and computer systems and improve its marketing and customer service" (Peter Sinton). the department of a bank or other financial institution that manages or organizes the work of the institution, but that does not deal with customers
Data processing and analysis activities connected with transactions(usually originating from a Web-based exchange) is referred to as "Back Office" market processing This concept has been extended to include all data processing activities connected with e-commerce
(Ticaret) Internal organizational functions such as production operations or cycle counting that normally do not interact with outside entities
Brokerage firms' clerical operations that support the trading operations Responsibilities include settlement of trades, preparation of all written confirmation and, record keeping and regulatory compliance
Brokerage house clerical operations that support, but do not include, the trading of stocks and other securities Includes all written confirmation and settlement of trades, record keeping and regulatory compliance
Those departments of a broker-dealer that are not directly involved in sales or trading Some back office functions include cashiering, accounting, and the record keeping of clients' cash or margin accounts
The support operations of a brokerage firm that don't deal directly with customers "Back office problems" usually refers to slow paperwork or other bottlenecks in the execution of customers' orders
- the secure, password-protected component of WebCommerce where a merchant manages his store's properties, tax tables, shipping tables, categories, products, their options and values, and orders as well as allows him to build or delete preview stores and build or delete published stores
Turkish - English
Definition of backoffice in Turkish English dictionary