Back Office 

Use

In the back-office area, you process and settle transactions that were entered in the trading area.

Features

As in trading, the back-office functions also enable you to call up information on existing transactions or make retrospective changes. Using the Settlement function, you can 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 document that it has been 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.

Back office processing for securities area also includes position management functions. These include corporate actions, additional EMU functions and also securities account management functions, such as securities account transfer, planned record update, automatic/manual debit position and manual posting, processing restrictions on disposal, and external securities account statements.