Back Office 

Use

In the back-office area, you process and settle transactions that were entered in the trading area. When you settle a transaction, the system checks and completes it.

Features

Once you have entered financial transactions in the trading area, you settle the transactions in the back-office area. As in trading, the back-office area also enables you to call up information on existing transactions or make changes at a later date. You use the settlement function to monitor and check financial transactions. This enables you to add missing data, such as payment instructions or posting specifications. When you save a settlement activity, the system changes the activity category of the transaction to record how it is monitored and processed in the back-office area.

The back-office area also includes Correspondence functions, such as the function for automatically generating confirmations.

You can also use the collective processing functions in this area. The back-office also includes functions for Netting transactions and for entering or editing References.

The Securities area also includes the position management functions in the back-office area. These include Securities Account Transfers, Corporate Actions, Updating Planned Records, processing disposition blocks, and the EMU additional functions.